Dutch Bros. stock spills 35% lower after forecast cut due to inflation

After its third quarterly earnings report since going public, coffee chain Dutch Bros. Inc.’s shares were slaughtered in late trading Wednesday after executives revised their annual outlook to predict less profit this year amid record inflation.

Dutch Bros.

lost $16.3 million, or 10 cents a share, in the first quarter, compared with a loss of $4.8 million in the same period of 2021. Adjusted for one-time items, Dutch Bros. lost…

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