Dutch Bros Inc. has expanded its retail footprint by launching a ready-to-drink iced latte line in partnership with Trilliant Food & Nutrition. Shares edged up to $57.01 (+0.27%) in pre-market trading as the company prepares for its upcoming quarterly financial results.
- The "Dutch Bros at home" initiative is a strategic move by CEO Christine Barone to reach consumers beyond the brand's traditional drive-thru locations.
- Analysts at Citi maintain a bullish price target of $82, citing product innovation as a primary driver for long-term growth.
- This expansion comes just days before the company is set to report its Q4 earnings on February 12.