Dairy Queen Plans Major Chicago Expansion

(BRK.A), (BRK.B)

Dairy Queen is planning to add 30-35 new locations in Chicago. The exact locations are still to be determined and will be built over the next five years.

The Chicago stores will be in Chicago and in Lake and Cook counties. Dairy Queen currently has 269 stores in Illinois with 20 in the Chicago area.

A company spokesman cited the popularity of Dairy Queen and that the company just needed to make it more convenient for people to find a nearby store.

The Berkshire Hathaway-owned company has already announced aggressive expansion plans that will see it opening hundreds of new locations in California, Louisiana, Massachusetts and South Carolina.

For more information read a Mazor’sEdge special report on Dairy Queen.

© 2016 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.