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Stock impact report

Plans brewing for Wyoming's first 7 Brew, latest in coffee kiosk boom [Yahoo! Finance]

Dutch Bros Inc. (BROS) 
Company Research Source: Yahoo! Finance
Nick Colsch, director of the Wyoming Center for Business and Economic Analysis, said a study came out about 10 years ago saying Cheyenne was underserved when it came to coffee shops. To fix this issue, the city had to put in the work to attract coffee shop business to the capital city. Another large factor in the recent boom in coffee shops, Colsch said, is that Wyoming is a cold-weather region, which means that if it is cold six months per year, coffee would sound good six months per year. "The second thing is the convenience of a drive-through," Colsch said. "If you think about a person, the typical coffee drinker is someone grabbing it on their way to work. You don't want to get out of your car, especially in the winter. You'd much rather just order (at the) drive-through and have it in a couple minutes." Last year, Cheyenne saw the opening of its first Scooter's location and a second Ziggi's Coffee. Just this past March, a third Ziggi's location appeared. A Dutch Bros. is u Show less Read more
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