Dutch Bros. Coffee

Financing

Dutch Bros sales rose last quarter, and its stock took off

The drive-thru beverage chain generated strong sales thanks to mobile order, loyalty and advertising. Investors sent its shares up more than 20%.

Financing

Here's why Dutch Bros outperformed Starbucks last year

The Bottom Line: Data from Technomic shows that the drive-thru chain is outperforming its much larger rival on numerous metrics, which may help explain the brands' diverging performances.

The drive-thru concept does an unusual amount of business in the afternoons for a brand that sells espresso and energy drinks. CEO Christine Barone wants to change that.

The drive-thru beverage chain said its same-store sales increased 2.7%, thanks to mobile ordering, loyalty, advertising and rubber ducks. The stock closed up 28% on Thursday.

The drive-thru coffee chain increased its store-level profitability last quarter, despite higher labor costs thanks to the state’s $20 fast-food wage.

The drive-thru coffee chain reported sales and earnings that bested Wall Street estimates and it raised guidance for the year. Yet its stock price plunged more than 20%.

A Deeper Dive: Here is the transcript for the May 29 podcast with the chief executive of the drive-thru coffee chain, who talks real estate, boba and other topics.

A Deeper Dive: Christine Barone, CEO of the drive-thru beverage chain, joins the podcast to talk about real estate, boba tea and changing drink habits.

Same-store sales increased 10% in the company’s first quarter as boba, protein coffee and more awareness drove traffic to its shops.

The drive-thru coffee chain opened more shops in its history last year as sales accelerated. And it is also opening shops in Florida.

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