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News  ›  Investing.com

Dutch Bros Raises Guidance as Same-Shop Sales and Expansion Fuel Investor Optimism

Investing.com Logo Investing.com By Jordan Chussler
Dutch Bros Raises Guidance as Same-Shop Sales and Expansion Fuel Investor Optimism

Dutch Bros reported strong Q3 earnings, beating analyst expectations with 25% year-over-year revenue growth, opened 38 new store locations, and raised full-year guidance. The company continues to expand rapidly with plans to reach 4,000 locations and demonstrates strong brand loyalty and technological innovation.

Insights
BROS   positive

Beat earnings for 11th consecutive quarter, 25% revenue growth, strong same-shop sales increase of 7.4%, raised full-year guidance, and received over 400,000 job applications