Dutch Bros coffee chain's stock surges 39%, driven by strong sales growth and expansion plans.

Dutch Bros, a fast-growing coffee chain, has seen its stock price rise 39% since its earnings report on November 6. Despite a high price-to-earnings ratio of 169, Dutch Bros is still seen as undervalued, with a lower price-to-sales ratio of 3.8 compared to competitors. The company aims to expand from 950 to over 4,000 stores in the next decade, focusing on speed and customer service. Dutch Bros has shown consistent growth, with same-store sales increasing for seven straight quarters.

November 16, 2024
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