2024-05-09 13:49:03 ET
Shares of Dutch Bros (NYSE: BROS) , the drive-thru-focused coffee chain in the Western U.S., were climbing the charts this week after the company delivered a strong first-quarter earnings report.
As of Thursday at 12:52 p.m. ET, the stock was up 17.4%, according to data from S&P Global market Intelligence . The company's strong quarterly results also drew a notable contrast with Starbucks , the global coffee giant, which posted weak results in its earnings report last week.
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Why Dutch Bros Stock Was Heating Up This Week