Dutch Bros shares dropped 19% on August 6 following the release of its second-quarter financial results. The coffee chain reported 32.5% year-over-year revenue growth and a 40% surge in diluted earnings per share, while opening 48 new stores during the quarter. Systemwide same-store sales rose 5.8%, extending a 19-year streak of positive growth. The company plans to open 185 net new coffee shops in 2026 and aims to reach 2,029 locations by 2029, up from 1,225 currently. Sell-side analysts project a 27% compound annual revenue growth rate from 2025 to 2028, with adjusted diluted EPS rising at a 28% annualized pace.
