Dutch Bros Stock Hits New Low as Inflation Keeps Younger Consumers Away

Shares of Dutch Bros Inc. fell to a new low on Thursday after the company warned of slowing sales growth as inflation kept younger customers away from their afternoon coffee breaks.

The coffee shop chain on Wednesday said it expects same-store sales, a key industry metric that reflects sales at locations open for at least 15 months, to remain flat. for the year, down from the previous view is up in the middle of the single-digit percentage range.

https://www.wsj.com/articles/dutch-bros-stock-hits-new-low-as-inflation-keeps-younger-consumers-away-11652373516?mod=pls_whats_news_us_business_f Dutch Bros Stock Hits New Low as Inflation Keeps Younger Consumers Away

Edmund DeMarche

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