Dutch Bros Stock: The Next Starbucks?
Americans love coffee and sugary drinks. We all know how big Starbucks (NASDAQ: SBUX) has become in the last few decades, with about 15,000 stores just in the United States. That shows how popular mixed coffee drinks have gotten in this country.
A lesser-known brand going after a similar market, but with a twist, is Dutch Bros (NYSE: BROS). The coffee/drink brand just went public through an initial public offering this September and is trying to grow rapidly, as Starbucks has across the United States.
Is Dutch Bros the next Starbucks? Let's find out.
Source Fool.com