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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.,
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
