Reported about 2 months ago
Despite Starbucks' recent leadership changes boosting its stock, billionaire investors are increasingly turning their focus to Dutch Bros Coffee. Investment firms such as Blackrock and Point72 have significantly increased their stakes in the rising coffee chain known for its friendly service and lower prices. Dutch Bros reported a 30% revenue increase year-over-year and a second consecutive quarter of profit, establishing itself as a viable long-term investment despite market pressures.
Source: YAHOO