Stock Market Sell-Off: Is Dutch Bros a Buy?
Drive-thru coffee chain Dutch Bros (NYSE: BROS) continues to expand its footprint while delivering piping-hot growth. The third-largest coffee chain (behind Starbucks and Dunkin Brands) is looking to have 800 stores open by the end of next year, when Wall Street expects it to produce nearly $1 billion in annual sales.
Yet the market has knocked the stock down a peg or two this year with the shares trading 31% below where they started in 2022.
Image source: Dutch Bros.
Source Fool.com
