Dutch Bros (NYSE: BROS) coffee chain went public via IPO in late 2021. The company has been growing like a weed, but it recently reported earnings and the stock plummeted as much as 41% on the news. Has the selling pressure created a buying opportunity? When you hear statements like "the next Starbucks," you probably think to yourself, yeah right.
Maria analyzes Airbnb's (NASDAQ: ABNB) platform enhancements, then she and Jason share two stocks on their radar: Airbnb and Home Depot (NYSE: HD). To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
The rising cost of milk curdled coffee shop Dutch Bros' (NYSE: BROS) first-quarter earnings report, causing the market to pour out its stock like day-old joe. While first-quarter sales and profits beat Wall Street expectations, the ravages of inflation hit harder than expected, leading Dutch Bros to lower its outlook for adjusted earnings and same-store sales for the year. The fast-growing coffee shop is still in expansion mode, boosting the number of new locations it will open this year by five to 130, most of which will be company-owned stores.