55.98
price down icon0.36%   -0.2171
 
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Why is Dutch Bros Inc (BROS) Stock down?

11 May, 2023:

BROS's stock fell after the company reported results for the first quarter: system same-shop sales fell 2% and the net loss of $9.4 million. The fast-growing restaurant chain delivered the revenue growth investors would expect, but Wall Street was looking for stronger performance in same-store sales and earnings. The post-earnings drop wipes out most of the stock's year-to-date gains. The stock is trading 20% below its initial public offering price.

https://www.fool.com/investing/2023/05/10/why-dutch-bros-stock-collapsed-today/

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