Could Investing $100,000 in Dutch Bros Stock Make You a Millionaire?

One of the more exciting stocks in the restaurant industry these days is Dutch Bros (NYSE: BROS). The company has emerged as the No. 2 pure-play coffee chain on the stock market behind Starbucks (NASDAQ: SBUX), and it seems to be seizing the opportunity that the leader has created with its own errors and underperformance.Dutch Bros is fresh off a stellar performance in the third quarter that led the stock to jump 28% last Thursday, Nov. 7. The company reported comparable-store sales growth (comps) of 2.7%, driving revenue up 28% to $338.2 million, which easily beat estimates at $325.1 million. The company continued its rapid expansion, and it seems to have a lot of room to grow as its drive-thru model helps differentiate it from other chains. It added 38 new stores in the quarter and now has 950 across 18 states.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool