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Dutch Bros (NYSE:BROS) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS
['Tristan Rich']
Markets Daily
Dutch Bros (NYSE:BROS – Get Free Report) released its earnings results on Wednesday.
Here are the key takeaways from Dutch Bros’ conference call:Get Dutch Bros alerts:Strong Q2 performance: Revenue rose 32% to $551 million, adjusted EBITDA increased 28% to $114 million, and adjusted EPS grew to $0.33 from $0.26.
Dutch Bros Trading Up 2.4%Shares of BROS traded up $1.52 during midday trading on Wednesday, hitting $65.63.
Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.
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