3 Reasons Dutch Bros Stock Is a Magnificent Buy
Dutch Bros (NYSE: BROS) is growing quickly, opening new locations faster than ever. But investors may be worried that its existing stores aren't producing as much revenue as they used to.
Dutch Bros locations open at least one year saw sales drop 2% last quarter, following a smaller 0.6% slump in Q4. Company-operated shops fared even worse.
But there are good reasons for the decline, and investors should be more optimistic than ever about the company as it implements its fortressing strategy, improves efficiency, and pushes customers to make additional purchases at its stores.
Source Fool.com
