Dutch Bros rises on quarterly sales, profit beat

Dutch Bros

13/02/2025 14:53

(Updates)
    ** Beverage shop chain Dutch Bros'  BROS.N  shares up 29.6%
at $84.03
    ** Company forecasts annual total revenues in a range of
$1.55 billion and $1.57 billion, the midpoint of which is above
estimates of $1.56 billion, as per data compiled by LSEG
    ** Co's fourth-quarter net revenues rise 34.9% to $342.8
million beating analysts' expectation of $317.8 million
    ** In the quarter, excluding items, the co earned 7 cents
per share as compared to analyst expectations of 2 cents 
    ** As we survey the industry landscape, we believe Dutch
Bros is uniquely positioned and on-trend with an emphasis on
iced beverages, personalization, and speed - CEO Christine
Barone
    ** BROS stock rose 65% in 2024

 (Reporting by Aamir Sohail in Bengaluru)
 ((Aamir.Sohail@thomsonreuters.com;))