Dutch Bros is trading at $35.46, down 19.26%, after Q3 coverage pointed to softer traffic and lower-than-expected full-year revenue guidance.
- Q3 revenue was $549.8 million, slightly above estimates.
- Systemwide same-shop sales growth was 4.4%; customer visits grew 0.4%, down from 4.7% a year earlier.
- One report cited full-year revenue guidance of $2.10 billion versus $2.13 billion consensus.