Dutch Bros Inc. shares tumbled 7.11% in after-hours trading Wednesday following the release of its second-quarter financial results, as investors focused on a deceleration in same-shop sales growth despite the company reporting better-than-expected revenue and earnings.

The drive-thru coffee chain reported Q2 revenue of $550.85 million, surpassing analyst estimates of $525.4 million, and net income of $51.61 million. However, systemwide same-shop sales growth slowed to 5.8%, down from prior quarters, driven by 1.7% transaction growth and a 4.1% higher ticket. The company also raised its full-year 2026 guidance, but the softer same-shop sales metric appeared to overshadow the top- and bottom-line beats.

"The company delivered solid topline growth and record average unit volumes, but the cooling same-shop sales trend raised concerns about the pace of future expansion," said one analyst. The stock's post-earnings sell-off suggests that the market had priced in stronger comparable sales momentum, and the reported deceleration triggered a negative reaction.