Dutch Bros Stock Plummets Amid Competition Concerns

Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?

Dutch Bros beat Q3 EPS and revenue estimates, but shares fell 21% as slowing customer traffic growth raised concerns about the sustainability of its aggressive store expansion plans.

Why Dutch Bros Stock Crashed Today

Dutch Bros beat on earnings and beat on sales. Then investors sold it.

Watch Zillow Moves on Weak Results; Dutch Bros Reduces Guidance

On this episode of Stock Movers: Zillow (Z) is moving after it posted weaker-than-expected results and signaled that adjusted earnings in the next quarter could be the weakest in three years. Expedia (EXPE) shares are dropping even after the online travel agency raised its outlook for the full year. Still, the midpoint of its fourth-quarter gross bookings forecast trailed the average analyst estimate. Dutch Bros (BROS) shares sinking after the coffee chain cut its adjusted Ebitda forecast for the full year. The reduced guidance missed the average analyst estimate.

Dutch Bros stock plummets amid competition concerns

The drive-thru beverage chain’s stock fell 17% in off-hours trading as the chain’s same-store sales came in below expectations amid “customer volatility.”