10 Firms Post Double-Digit Gains on Thursday

2. Dutch Bros Inc. (NYSE:BROS)

Dutch Bros saw its share prices surge by 29.10 percent on Thursday to close at $83.54 each after reporting a stellar earnings performance last year.

In a statement, BROS said it swung to a net income of $6.37 million in the fourth quarter of 2024, reversing a net loss of $3.77 million in the same period a year earlier. This pushed net income for the full year to expand by 571 percent to $66 million from $9.9 million in 2023.

Revenues for the quarter increased by 35 percent to $343 million from $254 million, while revenues for the full year jumped 32 percent to $1.28 billion from $965 million year-on-year.

For this year, BROS expects revenues to grow even higher to settle between $1.55 billion to $1.57 billion. Capital expenditures are estimated to be between $240 million to $260 million.