US26701L1008 - Common Stock
DUTCH BROS INC-CLASS A
NYSE:BROS (12/23/2024, 5:43:58 PM)
After market: 52.96 0 (0%)52.96
-1.1 (-2.03%)
Dutch Bros, Inc. engages in operating and franchising drive-thru shops that focus on handcrafted beverages. The company is headquartered in Grants Pass, Oregon and currently employs 24,000 full-time employees. The company went IPO on 2021-09-15. The firm sells a range of customizable hot, iced and blended beverages. Coffee-based beverages include its espresso-based custom drinks, cold brew and its proprietary Freeze blended beverages. Its Private Reserve coffee is a 100% Arabica three-bean blend, roasted in its Grants Pass facility. Its proprietary Blue Rebel energy drink is customizable with flavors and modifiers. The company also offers a variety of teas, lemonades, sodas and smoothies. The firm has two segments: Company-operated shops, and Franchising and other. The Company-operated shops segment includes coffee shop sales to customers. The Franchising and other segment includes bean and product sales to franchise partners and includes the initial franchise fees, royalties, and marketing fees. The company has approximately 831 shops, of which 542 are operated by the Company and 289 are franchised, across 16 states.
DUTCH BROS INC-CLASS A
300 N Valley Dr
Grants Pass OREGON
P: 15419554700
CEO: Joth Ricci
Employees: 17000
Website: https://investors.dutchbros.com/overview/default.aspx
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the traditional fast food industry, including Dutch Bros (NYSE:BROS) and its peers.
Dutch Bros has had an impressive run over the past six months as its shares have beaten the S&P 500 by 22.4%. The stock now trades at $52.23, marking a 32.8% gain. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
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