Dutch Bros (BROS - Free Report) reported $275.1 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 39.5%. EPS of $0.09 for the same period compares to $0.00 a year ago.
The reported revenue represents a surprise of +7.58% over the Zacks Consensus Estimate of $255.71 million. With the consensus EPS estimate being $0.02, the EPS surprise was +350.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dutch Bros performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total shop count: 876 versus the six-analyst average estimate of 868.
- Number of shops - Franchised: 294 versus 292 estimated by five analysts on average.
- Number of shops - Company-operated: 582 versus the five-analyst average estimate of 575.
- Same shop sales growth: 10% versus the five-analyst average estimate of 3.6%.
- Same shop sales growth - Company-Owned: 10.9% versus 3.6% estimated by five analysts on average.
- Total net - new shop openings: 45 compared to the 36 average estimate based on three analysts.
- Company-operated new openings: 40 versus the three-analyst average estimate of 33.
- Franchised new openings: 5 versus the three-analyst average estimate of 3.
- Revenues- Franchising and other: $27.01 million versus the six-analyst average estimate of $25.64 million. The reported number represents a year-over-year change of +12.1%.
- Revenues- Company-operated shops: $248.09 million versus the six-analyst average estimate of $229.67 million. The reported number represents a year-over-year change of +43.3%.
View all Key Company Metrics for Dutch Bros here>>>Shares of Dutch Bros have returned -12.4% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Dutch Bros (BROS - Free Report) reported $275.1 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 39.5%. EPS of $0.09 for the same period compares to $0.00 a year ago.
The reported revenue represents a surprise of +7.58% over the Zacks Consensus Estimate of $255.71 million. With the consensus EPS estimate being $0.02, the EPS surprise was +350.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dutch Bros performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total shop count: 876 versus the six-analyst average estimate of 868.
- Number of shops - Franchised: 294 versus 292 estimated by five analysts on average.
- Number of shops - Company-operated: 582 versus the five-analyst average estimate of 575.
- Same shop sales growth: 10% versus the five-analyst average estimate of 3.6%.
- Same shop sales growth - Company-Owned: 10.9% versus 3.6% estimated by five analysts on average.
- Total net - new shop openings: 45 compared to the 36 average estimate based on three analysts.
- Company-operated new openings: 40 versus the three-analyst average estimate of 33.
- Franchised new openings: 5 versus the three-analyst average estimate of 3.
- Revenues- Franchising and other: $27.01 million versus the six-analyst average estimate of $25.64 million. The reported number represents a year-over-year change of +12.1%.
- Revenues- Company-operated shops: $248.09 million versus the six-analyst average estimate of $229.67 million. The reported number represents a year-over-year change of +43.3%.
View all Key Company Metrics for Dutch Bros here>>>Shares of Dutch Bros have returned -12.4% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Where Will Stocks Go…
If Biden Wins? If Trump Wins?
The answers may surprise you.
Since 1950, even after negative midterm years, the market has never had a lower presidential election year. With voters energized and engaged, the market has been almost unrelentingly bullish no matter which party wins!
Now is the time to download Zacks' free Special Report with 5 stocks that offer extreme upside for both Democrats and Republicans…
1. Medical manufacturer has gained +11,000% in the last 15 years.
2. Rental company is absolutely crushing its sector.
3. Energy powerhouse plans to grow its already large dividend by 25%.
4. Aerospace and defense standout just landed a potentially $80 billion contract.
5. Giant Chipmaker is building huge plants in the U.S.
Hurry, Download Special Report FREE >>
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