Why Dutch Bros Inc. (BROS) Went Up on Thursday

We recently published a list of 10 Firms Post Double-Digit Gains on Thursday. In this article, we are going to take a look at where Dutch Bros Inc. (NYSE:BROS) stands against other firms that posted double-digit gains on Thursday.

Wall Street’s main indices finished in the green territory on Thursday, as investors cheered President Donald Trump’s reciprocal tariffs–but not right away.

The Dow Jones rose 0.77 percent, the S&P 500 increased 1.04 percent, while Nasdaq jumped 1.50 percent.

Ten companies mirrored a broader market optimism, clocking in double-digit gains. In this article, we will explore the reasons behind their impressive performance.

To come up with Thursday’s top gainers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

A closeup of a customer tasting a freshly-made cold brew coffee product from the company’s shop.

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.

Overall, BROS ranks 2nd on our list of firms that posted double-digit gains on Thursday. While we acknowledge the potential of BROS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than BROS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

Disclosure: None. This article is originally published at Insider Monkey.