Dutch Bros Beats Q2 Estimates, Raises Q3 Guidance: Here's Why the Stock is Falling

Dutch Bros Inc (NYSE: BROS ) stock is trading lower after the company reported second-quarter financial results Wednesday after market close. • Dutch Bros stock is feeling bearish pressure. Here are the key highlights. Dutch Bros Q2 Results Dutch Bros reported second-quarter revenue of $550.9 million, up 32.5% year-over-year. The revenue total beat a Street consensus estimate of $525.5 million, according to data Pro. The company reported earnings of 33 cents per share, beating a Street consensus estimate of 29 cents per share. Company-owned same-shop sales were +8.3% year-over-year in the quarter. Systemwide same shop sales growth was +5.8% year-over-year in the quarter. Dutch Bros opened 48 new stores in the quarter, with 44 being company-operated. This marked the 13 th consecutive quarter of positive same-shop sales growth and eighth consecutive quarter of same-shop transaction grow...