Dutch Bros Slips 2% as Shares Trail Major U.S. Indexes

Dutch Bros shares fell 2.02% to $37.28 at the latest close, underperforming the S&P 500, which lost 0.06%. The Dow rose 0.38%, while the Nasdaq fell 0.44%.

The shares are down 13.33% over the past month, while the Retail-Wholesale sector and S&P 500 gained 1.66% and 2.36%, respectively.

Ahead of the company’s upcoming earnings release, Zacks consensus estimates call for earnings of $0.24 per share and revenue of $550.38 million for the quarter. Those figures would represent year-over-year increases of 26.32% and 29.94%, according to the estimates.