Dutch Bros. stock spills 37% lower after forecast cut due to inflation - MarketWatch
5/11/2022 12:00:00 AM3 yearsago
by Jeremy C. Owens
by Jeremy C. Owens
Executives chop profit guidance, now say they expect no growth in same-store sales this year; shares head lower than IPO price for first time since coffee chain went public last fall
After its third quarterly earnings report since going public, coffee chain Dutch Bros. Inc.s shares were slaughtered in late trading Wednesday after executives revised their annual outlook to predict… [+1785 chars]
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