Dutch Bros stock is interesting. I love the product and people line up for it like Chick-fil-A.
Dutch Bros trades at 989x earnings, which is very high, but they’re so small that they only have room to grow. I don’t own the stock, but I’m watching it. I haven’t decided what level I’d buy it at.
Here are a few interesting tidbits as it compares to Starbucks.
BROS
– 912 stores
– 2023 Revenue: $965,776,000
– Revenue per store: $1,058,964.91
– P/E: 989
– Gross profit 26%
– Market cap: $6.28B
SBUX
– 38038 stores
– 2023 Revenue: $35,975,600,000
– Revenue per store: $945,780.54
– P/E: 24.91
– Gross profit 27%
– Market cap: $105.48B
