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Dutch Bros’ earnings results show not everything is terrible for coffee chains – Vested Daily
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Dutch Bros’ earnings results show not everything is terrible for coffee chains

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Shares of Dutch Bros Inc. were flat after hours on Wednesday after the drive-through coffee chain expressed greater optimism over its sales this year, citing “continued momentum,” even as its older and much bigger rival, Starbucks Corp.,

tries to turn itself around.

That upbeat take came amid a big expansion drive for Dutch Bros BROS, and some signs that shoppers’ coffee preferences were leaning toward “decadent” rather than classic offerings.

This post was originally published on Market Watch

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