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Dutch BrothersBROSBUYNov 08, 2023Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
Dutch Bros. grew way too fast. SBUX has a problem in China and the U.S. given the Israel-Hammas war. SBUX will miss its next report given weakness in China and the U.S. So buy SBUX $5 lower, because China is reawakening from its slumber and will come back.
Last night they reported a top and bottom line beat with strong same-store sales growth. Shares jumped 8% today, but gave back almost all gains. Managers expect decelerating traffic, but that was due to a price increase already announced.