When Dutch Bros (NYSE: BROS) reported second-quarter results, the restaurant chain had a lot of good news to report. But there was some bad news hidden in the mix, too. Management tried to put a positive spin on the negatives as best it could, but at this point investors need to pay increasing attention to same-store sales trends. Here's why.
The top line on the income statement is labeled revenue or sales, and it is one of the most important numbers that investors can watch. In some ways it is even more important than earnings, which are often impacted by all sorts of adjustments that can make the so-called bottom-line number a little harder to use than it should probably be.
Dutch Bros' top line was impressive in the second quarter, rising 44% year-over-year. That's a number management was happy to trumpet at the top of the news release.
For further details see:
Is Dutch Bros' Monster Growth About to Sputter Out?