◆ NeutralBROS
A Once-in-a-Decade Opportunity: 1 Super Growth Stock Down 58% to Buy and Hold for a Decade
The Motley Fool·
Dutch Bros stock plummeted 58% after disappointing Q3 earnings guidance, despite strong revenue growth of 30% year-over-year and net income increases. The company lowered full-year outlook on same-store sales growth and adjusted EBITDA, but reaffirmed its goal of 2,029 stores by 2029 and plans to accelerate openings to 250 stores next year. The analyst views the stock decline as a buying opportunity for long-term investors willing to tolerate volatility.
Read Full Article at The Motley Fool →