🔴 Dutch Bros is trading 15.9% down in pre-market after full-year adjusted EBITDA guidance missed expectations

Dutch Bros is trading at $37.01, down 15.87%, after full-year adjusted EBITDA guidance of approximately $380 million came in below analyst expectations.

• In its November 4 results, revenue was slightly above estimates, while systemwide same-shop sales growth was 4.4%.
• Executive Chairman Travis Boersma disclosed selling nearly 2.4 million shares, worth about $106.4 million, adding to investor concerns.