If you’re attending this year’s Berkshire Hathaway (BRK-A, BRK-B) annual shareholders meeting—or watching Yahoo Finance’s live stream coverage—there’s a good chance you’ll see scores of shareholders wandering around while munching on lots of goodies. One of the tastier snacks will be Dairy Queen ice cream, which many attendees look forward to eating year after year.
Berkshire Hathaway acquired Dairy Queen in 1997, and the restaurant’s ice cream has quickly become one of legendary investor Warren Buffett’s absolute favorites. Known for its iconic Dilly Bar and fully-loaded Blizzards, Dairy Queen has been serving soft-serve ice cream since 1940, when its first store opened in Joliette, Illinois. Now, there are more than 6,000 Dairy Queen locations worldwide.
And Buffett is known to be a "regular" visitor to Dairy Queen in Omaha, Nebraska. He told Yahoo Finance editor-in-chief Andy Serwer that it’s a tradition he shares with his great grandchildren.
“What I usually get is a sundae. I get the small sundae for the ice cream and the extra large sundae for the topping. So I mean, I just smother in the cherry topping and then pour a lot of nuts on it,” chuckled Buffett. When asked if it’s a Buffett special, the Oracle of Omaha said that it’s available to anyone who wants to pay for it.
Dairy Queen will have a booth at this year’s annual shareholders meeting in the 200,000-square-foot exhibit hall, next to other Berkshire Hathaway subsidiaries, including Fruit of the Loom, Brooks, and See’s Candies.
On April 30, Yahoo Finance will live stream the Berkshire Hathaway Annual Shareholders Meeting exclusively. You can find out more information here.