Prediction: Here's What a $10,000 Investment in Dutch Bros Stock Could be Worth By 2029
The small coffee shop chain has big ambitions.
Overview
Dutch Bros (NYSE: BROS) is expanding quickly and picking up loyal fans all over the country. Still, it's relatively small as national restaurant chains go, with only 1,225 stores in 25 states.
The coffee shop chain is planning to change that, though, and management has a long-term growth objective to reach more than 7,000 stores over an unspecified time frame. It did specify a goal to reach 2,029 stores by 2029. That would nearly double its current count in roughly three years.
Details
If you invest $10,000 today in Dutch Bros stock, what might its value be by that time?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.