The stock market declined for the fourth consecutive day on Thursday, pressured by oil prices rising above $105 a barrel and higher Treasury yields amid growing expectations of a rate hike. The 10-year Treasury yield neared 5%, adding further pressure on stocks and making them less attractive to investors.
Overall, S&P 500 fell 0.6% to 7,592, while Nasdaq decreased 0.7% to 26,082.
Chart of the Day
Here is the one-year chart of Dutch Bros (BROS) as of September 1, 2026, when the stock was at $46.
Last quarter, Dutch Bros (BROS) achieved yet another impressive quarter, seeing profits climb 27% as revenue increased 32%. Same-store sales grew 6%, marking the 13th consecutive quarter of positive comparable-store sales.
Dutch Bros remains focused on rapid expansion as it opened 48 new shops last quarter, bringing its total store count to 1,225. It also acquired the franchise rights and assets of 31 Phoenix locations, following the retirement of its franchise partner.
In addition, management disclosed its plan to acquire the real estate and site assets of up to 65 Salad and Go locations across Arizona, Nevada, Oklahoma, and Texas. However, another drive-thru coffee shop, 7 Brew recently won a $143 million bankruptcy auction to acquire the said Salad and Go locations, beating a rival $105 million bid from Dutch Bros.
BROS is in our Growth Portfolio and Focus List.
