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Dutch Bros Inc ( (BROS) ) just unveiled an update.
On January 21, 2025, Dutch Bros Inc. subsidiaries announced their intention to draw $50 million from their delayed draw term loan facility before its expiration on February 4, 2025. This financial move is part of their strategy to utilize funds for general corporate purposes, including expansion through building new shops. The loan is part of a credit facility with JPMorgan Chase and is bound by financial and negative covenants until its maturity on February 28, 2027. Additionally, on January 16, 2025, the company revised the compensation package for CEO Christine Barone, increasing her base salary to $850,000 and adjusting her bonus and stock awards based on performance metrics.
More about Dutch Bros Inc
YTD Price Performance: 6.02%
Average Trading Volume: 2,884,726
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.21B
For an in-depth examination of BROS stock, go to TipRanks’ Stock Analysis page.
