This week on Nation’s Restaurant News the top story was Dutch Bros’ stock plummets despite strong Q2 performance. For a while, it seemed like burgeoning coffee chain Dutch Bros could do no wrong, as the brand outperformed its much larger competitor, Starbucks. But in an indication that investors might be placing too much pressure on the Dutch Bros hype train, the company’s stock value plummeted by nearly $10 this week after slightly missing investor expectations during an otherwise strong quarter for the Grants Pass, Ore.-based brand.
In other news, Taco Bell’s early retirement community, called The Cantinas, opens Aug. 17-18 in San Diego. The community was announced in early July, with exclusive access reserved for rewards members who are 21 and older. The access includes weekend memberships with overnight accommodation for $150, as well as day passes for $50. According to the company, all memberships sold out in less than 3 minutes.
See what else was trending on NRN.com this week.