PLANT! DraftKings Inc. (DKNG)- OK MASS DOWNGRADES SEVEN HOUSES STK SLIGHTLY UP...... 17.4200+0.1300(+0.7800%) As of 09:42AM EST.
BRAZIL AND SOUTH AFRICA strong. Well I was half way through my vetting of the Avocado fields in Africa when the news came that the Mexican Avocado ban was over! What! Really! Mexico is suddenly safe? For Avocados?
SUPPLY CHAIN NIGHTMARE./// One of the luxuries of my section of Ct is the local market and their fresh OJ. It's really good and it's like $9! Expensive. But it's so good. They have an old press in the back like the kind back in the day... but something is wrong in perfectville... a sign I saw yesterday " Due to logistics problems we will not have our Fresh Squeezed Oj for at least 3 weeks.."
Dutch Bros(NYSE:BROS) releasedits “preliminary” fourth quarter and 2021 numbers on Jan. 10showing a very strong fQ4 and finish to 2021. When the final numbers come out expect to see BROS stock move substantially higher. So far this year, the stock is slightly up in year-to-date (YTD). It ended 2021 at $50.91 and as of Feb 11, BROS stock closed at $51.79. up 1.73% YTD.
Dutch Bros launched its mobile app in early 2021 and has already accumulated 2.3 million active accounts. Starbucks remains a long way ahead with more than 26 million members since launching its program in 2008. Still, the strong momentum is encouraging to see for a company that's ultimately trying to establish itself against one of the most powerful consumer brands in the United States. Dutch Bros is showing signs that its business model is profitable already. The company's net income was a negative $117 million in Q3 2021, but that was due to stock-based compensation of $124.8 million related to the company'sinitial public offering (IPO). Adjusted net income was $11 million and was positive in the three quarters before the IPO. The company invests an average of $1.35 million to open each location and is recouping anywhere between 35% and 75% of its cash outlay over the store's first two years in operation, depending on the lease structure. In other words, there's a relatively quick payback period as Dutch Bros opens stores,