Key Points Dutch Bros’ management team believes it can have 2,029 stores open by 2029, up from 1,225 today. Competition from massive industry peers, as well as smaller rivals, will make things difficult for the business. 10 stocks we like better than Dutch Bros › Unlike its caffeinated beverages, Dutch Bros (NYSE: BROS) shares haven't energized investors' portfolios. They currently trade 55% off their peak (as of Sept. 24). However, the business does have notable potential. This is precisely what the thesis rests on. For example, management believes it will have 2,029 stores open by 2029, up from 1,225 locations as of June 30. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.
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