Dutch Bros Just Delivered Results That Were as Strong as Its Coffee

Dutch Bros. (NYSE: BROS) has been in the limelight over the past year, and not in a good way. Growth, while still positive, decelerated in each of the past four quarters, owing to the broader downturn in the restaurant industry. This weighed on the drive-through coffee chain, pushing its stock down 21% over the past year. That said, expectations were high going into the company's most recent financial report, and investors got an extra shot of growth.For the fourth quarter, Dutch Bros generated revenue that jumped 29% year over year to $443.6 million, accelerating from 25% growth in Q3, its fastest growth rate in nearly a year. This drove impressive profit growth, with adjusted earnings per share (EPS) surging 143% to $0.17. image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool