Prediction: Dutch Bros Will Soar Over the Next 10 Years. Here's 1 Reason Why.
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Regarding coffee chains, most of the focus centers on Starbucks (NASDAQ: SBUX). This makes sense, as the industry leader has grown from a regional name to an international sensation in its 33 years as a publicly-traded company.But with Starbucks now a mature business, the market may have its next big coffee stock with the emergence of Dutch Bros (NYSE: BROS). The company has grown popular for its Dutch Classics, drinks based on espresso and half and half. Other beverages such as teas, smoothies, and lemonades also help drive sales.Additionally, the stock is set to soar amid the company's rapid expansion. With a 10- to 15-year goal of opening 4,000 locations, Dutch Bros can accelerate its already impressive growth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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