🔴 BROS is trading 5% down today on post-earnings digestion despite raised guidance

BROS is trading at $56.08 (-5%) as the stock undergoes post-earnings digestion following a strong Q1 report and raised full-year guidance.

• Dutch Bros reported 31% revenue growth to $464.4M and 8.3% same-shop sales, prompting the company to raise its FY revenue outlook to $2.05-2.08B.
• The pullback follows a +3.31% gain on May 6, where the stock closed at $59.06; non-GAAP EPS matched expectations at $0.16 while GAAP EPS landed at $0.13.
• Market volatility remains high as options had implied a 12% move, with today's price action occurring alongside flat pre-market futures.