In an interview on CNBC’s Mad Money, Christine Barone said Dutch Bros (BROS) had a great quarter with same shop sales up 5.7% and transaction growth of 4.7%. “We’ve been well received wherever we have opened,” she added. With a total addressable market of 7,000 shops, the company has a “long way to go,” she noted. Currently, they are only at 13% penetration when it comes to mobile ordering. According to Barone, “all types of new drinks” are scheduled for the holidays.
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