Reported 18 days ago
Black Rock Coffee Bar, a new coffee chain based in Oregon, recently went public and may appeal to fans of Dutch Bros. It operates entirely company-owned locations and aims for significant growth, projecting up to 1,000 stores by 2035. Despite reporting losses in its early stages, its solid store-level profit margins suggest potential for future profitability. With a relatively favorable market valuation, investors might find an opportunity in Black Rock Coffee Bar's emerging journey in the competitive coffee landscape.
Source: YAHOO