Dutch Bros (BROS) shares dropped 20% last week after the company reported strong revenue growth but indicated a slowdown in new store openings for 2024. 

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Despite posting 30% revenue growth in the second quarter, driven by new openings and same-store sales growth, the company guided for the low end of its expected new shop openings. 

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The spooked stock and options traders, who dumped the stock on fears their growth days were over. Dutch Bros revenue reached $324.92 million. 

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Net income saw a significant boost, rising 334% year-over-year to $11.9 million. The company's diluted earnings per share (EPS) climbed to $0.12, reflecting a 140% improvement and forward P/E ratio of 72.

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