# Say........What Ever Happened to Dutch Brothers Coffee? **URL:** \ **Category:** Abandoned Arctic Outpost #13\ **Created:** [May 22, 2024, 2:07pm UTC](https://discussion.fool.com/t/say-what-ever-happened-to-dutch-brothers-coffee/105316 "2024-05-22T14:07:13Z")\ **Posts on this page:** 1\ **Page:** 1
**Author:** ![Champico33](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/champico33/32/3950_2.png) [@Champico33](https://discussion.fool.com/u/Champico33)\ **Post date:** [May 22, 2024, 2:07pm UTC](https://discussion.fool.com/t/say-what-ever-happened-to-dutch-brothers-coffee/105316/1 "2024-05-22T14:07:13Z")
At one time I had a smallish Scout Team position in Dutch Brothers Coffee - BROS. Interesting story: Two brothers - or so the tale goes - started selling coffee by walking around with a push cart of stuff - which naturally led to expansion into drive by sites with hundreds of locations. At least I think that how the story goes. So where are they today? Website: > **[Dutch Bros | Homepage](https://www.dutchbros.com/)** > > Dutch Bros Coffee is a drive-through coffee chain headquartered in Grants Pass, Oregon, with company-owned and franchise locations throughout the United States. A Few Data Points: Current Price: $36.43 (Intraday) YTD Gain/Loss: +15.66% 52 WK Range: 22.67 - 38.41 Market Cap: $6.5B BROS IPO’d way back in 2021 around midyear or so. The opening price was $36.68 - and now, a couple of years and some change later the company is slightly below that price. And - to get to todays Intraday price which is below its IPO price it had to produce a pretty dang good QTRLY Report - which it did. Here is that report: > **[Dutch Bros Inc. Reports First Quarter 2024 Financial Results](https://seekingalpha.com/pr/19716054-dutch-bros-inc-reports-first-quarter-2024-financial-results?source=content_type%3Areact%7Cfirst_level_url%3Aarticle%7Csection%3Aearnings_widget%7Cbutton%3Apress-release)** [https://seekingalpha.com/article/4690529-dutch-bros-inc-bros-q1-2024-earnings-call-transcript?source=content\_type%3Areact|section%3Aearnings\_summary|section\_asset%3Aearnings\_history|first\_level\_url%3Asymbol|button%3Atranscript](https://seekingalpha.com/article/4690529-dutch-bros-inc-bros-q1-2024-earnings-call-transcript?source=content_type%3Areact%7Csection%3Aearnings_summary%7Csection_asset%3Aearnings_history%7Cfirst_level_url%3Asymbol%7Cbutton%3Atranscript) To save some time on reading through any of that here is an opening quote from the CC: “We delivered exceptional results in quarter one as the momentum we saw leaving 2023 continued into the new year. Headlining this performance was 10% same shop sales growth, the strongest single quarter since Q4 2021. We delivered $275 million in revenue, an increase of 39% year-over-year. These outstanding top-line results were coupled with excellent flow through as we delivered $53 million of adjusted EBITDA, an increase of 120% year-over-year.” And then there was this: " In quarter one, we opened a record tying 45 new shops, marking the eleventh consecutive quarter of 30 or more new shop openings, demonstrating remarkable consistency as we execute our growth plans." Thats a whole lot of new coffee selling drive thru coffee kiosks. Subsequent to that report the stock had to rally from $26.95 just to get within spitting distance of its IPO price way back in 2021. In short - Dutch Brothers Coffee has been a lousy investment. And - now that I remember it - a very smart Fool EarsLookin took about 30 seconds to review BROS and stated emphatically that it would never make money. Well - never can be a very very long time but Ears was right on target. The Question now is simply this: after this beautiful, explosive Qtr is BROS a decent investment? Nah. All the Best, BDH Investing