Dutch Bros stock surged nearly 30% Thursday after reporting better-than-expected fourth-quarter earnings and revenue late Wednesday.
The coffee shop chain reported Q4 earnings per share jumped 75% to 7 cents, while sales increased 35% to $343 million. Same-store sales increased 4.4%, well ahead of the expected 1.5% gain. Prior to Wednesday's report, analysts expected earnings of 2 cents per share with revenue totaling $318.8 million.
Dutch Bros also said Wednesday it opened 32 shops across 11 states in Q4, making it 151 openings in 2024. For 2025, Dutch Bros expects total revenues of $1.555 billion-$1.575 billion while it forecasts opening at least 160 new shops. The company predicts same-shop sales growth of 2% to 4%.
Dutch Bros stock jumped 29% to 83.52 during stock market action on Thursday, setting a new all-time of 86.42 after it broke above its previous record of 81.40 from November 2021. The stock advanced 0.8% to 64.71 on Wednesday. Since Nov. 6, when BROS stock bounced off its 50-day moving average, the stock has gained 85%.
Dutch Bros stock was already extended by about 50% above a traditional 43.49 buy point, according to MarketSurge charts analysis.
BROS stock has a 98 Composite Rating out of a best-possible 99. Shares also have a 97 Relative Strength Rating and a 93 EPS Rating.
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