Dutch Bros stock dives in reaction to forward guidance

1 month ago 67

Dutch Bros (BROS) stock is plummeting by as much as 25% Thursday morning after the drive-through coffee chain shared disappointing forward guidance pertaining to its sales growth and unit growth outlooks.

Yahoo Finance senior reporter Brooke DiPalma explains Dutch Bros's slowing same-store growth forecast in contrast with its second quarter earnings results, noting the company's full-year plans for new location openings and pricing projections.

Catch up on Brooke DiPalma's inside look into Dutch Bros's coffee shop operations:

Fizzy drinks, energetic 'broistas' are fueling Dutch Bros' rise as the next big coffee chain
Dutch Bros. is gunning for Starbucks' top coffee spot

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This post was written by Luke Carberry Mogan.