Dutch Bros Shares Surge on This Potential Growth Driver. Is It Too Late to Buy the Stock?

Dutch Bros (NYSE: BROS) shares skyrocketed higher after the coffee shop operator reported better-than-expected Q3 results and increased its guidance. The stock is now up more than 40% on the year as of this writing.The question on investors' minds is, can this momentum continue, or is it too late to buy the stock? Let's take a closer look at the company's most recent earnings and long-term prospects to help answer this question.Last quarter, investors shrugged off a strong quarter from Dutch Bros after the company announced it was recalibrating its real estate model to make sure it was developing the best sites. However, this quarter's strong results were met with cheers from investors as the company said it will accelerate its store openings in 2025 and 2026. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool