Starbucks Corp. may have been punished by the stock market last week after warning of a more cautious coffee drinker and stiffer competition — but on Tuesday, one of its smaller, more casual peers saw nothing of the sort from Wall Street.
GRANTS PASS, Ore.--(BUSINESS WIRE)--Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”), one of the fastest-growing brands in the quick service beverage industry in the United States by location count, today reported financial results for the first quarter ended March 31, 2024. Christine Barone, Chief Executive Officer and President of Dutch Bros, stated, “We are pleased with our perfor...
Starbucks' poor quarterly results aren't an indication of an industry-wide headwind, as much as they are an indictment of its relatively high prices. Rival Dutch Bros.
Are investors in the clear for the rest of 2024? The first quarter of the year, arguably the most important as it sets the tone for what could be in the works, shows investors some of the potentially growing cracks in the economy.
Dutch Bros is opening stores at a fast clip and sees the opportunity to more than quadruple store count. It has been struggling to grow its comparable sales figures.
GRANTS PASS, Ore.--(BUSINESS WIRE)--Dutch Bros Inc. (“Dutch Bros”) (NYSE: BROS), one of the fastest-growing brands in the quick service beverage industry in the United States by location count, today announced that Christine Barone, Chief Executive Officer and President; and Charley Jemley, Chief Financial Officer; will host a conference call and webcast to review financial results for the firs...
An under-the-radar coffee chain wants to expand its store base rapidly, which would likely boost sales and earnings. Starbucks is already the dominant player in the industry.
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