Added to YB: 2024-08-15
Pitch date: 2024-08-14
BROS [bullish]
Dutch Bros Inc.
+94.16%
current return
Author Info
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Company Info
Dutch Bros Inc., together with its subsidiaries, operates and franchises drive-thru shops in the United States.
Market Cap
$6.8B
Pitch Price
$31.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.20
P/E
106.16
EV/Sales
5.07
Sector
Hotels, Restaurants and Leisure
Category
growth
Deep dive into Dutch Bros - $BROS
BROS: Drive-thru coffee chain, 912 locations, targets 4000+. 50% rev from coffee, 25% energy drinks, 25% other. Franchising model, low closure rate. Growth: new stores (160/yr), inflation. Margins improving (16-18% op. target). PT $35 on 3000+ stores in 10yrs, 18% op margin. Current price ~$29.
Read full article (3 min)