Dutch Bros: High Growth Remains Possible

Dec. 17, 2023 8:02 AM ETDutch Bros Inc. (BROS) StockBROS23 Comments
Normad Capital
960 Followers

Summary

  • Dutch Bros reported strong financial performance with revenue growth of over 30% and improved profitability.
  • The company's growth outlook remains positive, and I believe it can achieve $1.5 billion in sales by FY25.
  • Strategies to improve labor efficiency and the deployment of the Tap system and potential mobile ordering are expected to drive further growth and profitability.

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Summary

Readers may find my previous coverage via this link. My previous rating was a buy rating, as I believed Dutch Bros (NYSE:BROS) could continue to grow at a very fast pace

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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