3 Reasons to Buy Dutch Bros Stock Like There's No Tomorrow

In the battle of coffee shop stocks, Dutch Bros (NYSE: BROS) looks like it will be the clear winner in 2024, as the company has greatly outperformed its larger rival Starbucks (NASDAQ: SBUX) this year. The stock is up more than 70% in 2024 versus about a 6.7% gain for Starbucks.Even with its strong performance, however, there are several reasons why Dutch Bros stock should keep growing and become a long-term winner. Let's look at three reasons investors should consider buying the stock hand over fist.While Dutch Bros stores are much smaller than Starbucks stores and rely primarily on drive-thru traffic, they surprisingly generate more revenue per store on average than Starbucks. Last quarter, Dutch Bros' average unit volume (AUV) was $2 million, well ahead of the approximately $1.5 million in AUV for Starbucks' U.S. locations. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool