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Dutch Bros Stock Is Down 33% While Its Same-Store Sales Keep Growing. Could the Gap Close on Nov. 4?
The Motley Fool·
Dutch Bros stock has declined 33% year-to-date despite strong operational performance, including 13 consecutive quarters of positive same-store sales growth and a 32% year-over-year sales increase. The company raised full-year guidance to $2.1 billion in sales and 5.5% same-store sales growth, but the market remains concerned about its high valuation (P/E of 58) and ability to meet expansion goals. An upcoming third-quarter earnings report on Nov. 4 could be pivotal in determining whether the stock recovers.
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