Dutch Bros Inc Stock Price, News & Analysis

Dutch Bros (NYSE: BROS), one of the fastest-growing quick-service beverage brands in the United States, has announced plans to open its 1,000th shop in February in the Orlando market, marking a significant milestone in the company's expansion. The company will showcase its growth strategy during an Investor Day scheduled for March 27, 2025, in Phoenix, AZ, featuring presentations from CEO Christine Barone and senior leadership team members.

Additionally, Dutch Bros will participate in the 27th Annual ICR Conference in Orlando, FL on January 13-14, 2025, where they will host a fireside chat and investor meetings. The fireside chat is scheduled for January 14 at 9:00 AM Eastern time, with webcasts available on the company's investor relations website.

Dutch Bros Coffee (NYSE: BROS) has appointed Venki Krishnababu as their new Chief Technology and Information Officer, effective December 16, 2024. Krishnababu brings nearly 30 years of experience in technology leadership, previously serving as Chief Technology Officer at lululemon athletica, Premera Blue Cross, and holding various leadership roles at Nordstrom.

The appointment aligns with Dutch Bros' strategy to enhance customer experience through technology investment. The company, which operates more than 950 locations across 18 states as of September 30, 2024, focuses on serving hand-crafted beverages with speed and superior service. CEO Christine Barone highlighted Krishnababu's expertise in data analytics, cybersecurity, and digital transformations, as well as his people-centric leadership approach.

Dutch Bros reported strong Q3 2024 results with revenue growing 27.9% to $338.2 million. The company opened 38 new shops across 11 states and achieved system same shop sales growth of 2.7%. Company-operated same shop sales increased 4.0%. Net income reached $21.7 million, up from $13.4 million in Q3 2023. The company completed its mobile order capability rollout, reaching 90% system coverage. Dutch Bros raised its 2024 guidance, now projecting revenues between $1.255-1.260 billion and Adjusted EBITDA between $215-220 million.

Dutch Bros Coffee (BROS) has launched its 2024 holiday menu featuring three seasonal beverages across its 950+ locations. The lineup includes the returning Hazelnut Truffle Mocha with hazelnut mocha and Soft Top™ with caramel drizzle, the Candy Cane Mocha featuring peppermint mocha and Soft Top™ with candy cane sprinks, and the new Winter Shimmer Rebel, an energy drink combining blue raspberry and sweet cream with Soft Top™ and shimmer sprinks. The beverages are served in six festive cup designs, including options for kids and pets, and will be available while supplies last.

Dutch Bros Inc. (NYSE: BROS), a leading quick-service beverage company in the United States, has announced its upcoming Third Quarter 2024 Conference Call and Webcast. The event is scheduled for Wednesday, November 6, 2024, at 5:00 p.m. Eastern Time. CEO and President Christine Barone, along with CFO Joshua Guenser, will host the call to review the company's financial results for the quarter ending September 30, 2024.

The financial results will be released after the market closes on the same day. Interested parties can access the conference call by dialing 1-201-493-6779 or joining the webcast through the company's investor relations website. An archive of the webcast will be available shortly after the call concludes.

Dutch Bros, the popular coffee chain, has unveiled its fall lineup of seasonal drinks, available at all 900+ locations until October 31. The lineup features the return of the fan-favorite Caramel Pumpkin Brûlée Breve, alongside two new additions: the Cookie Butter Latte and the Caramel Apple Rebel.

The Caramel Pumpkin Brûlée Breve combines pumpkin and salted caramel flavors, topped with Soft Top™, pumpkin drizzle, and raw sugar sprinkles. The Cookie Butter Latte offers a rich cookie butter experience, while the Caramel Apple Rebel infuses green apple and salted caramel flavors into an energy drink. These seasonal offerings aim to capitalize on the popular fall flavors and provide customizable options for customers to 'own the season'.

Dutch Bros reported strong financial results for Q2 2024, with $325 million in revenues, marking a 30% YoY increase.

The company opened 36 new shops, surpassing the 900th shop milestone. Same-shop sales grew by 4.1%, while company-operated shop revenues rose 33.6% to $295.3 million. Net income reached $22.2 million, up from $9.7 million in Q2 2023, and adjusted EBITDA increased by 34.1% to $65.2 million.

CEO Christine Barone highlighted the success of traffic-driving initiatives and mobile order roll-out. Dutch Bros also raised its 2024 revenue guidance to between $1.215 billion and $1.230 billion.

Dutch Bros (NYSE: BROS) will hold a Second Quarter 2024 Conference Call and Webcast on August 7, 2024 at 5:00 p.m. ET. The call, hosted by CEO Christine Barone and CFO Joshua Guenser, will review the company’s financial results for the quarter ended June 30, 2024. Dutch Bros, known for its rapid expansion in the U.S. quick service beverage industry, will release its financial results after the market closes on the same day. Interested parties can dial in at 1-201-493-6779 or join the webcast at https://investors.dutchbros.com. The webcast will be archived shortly after the event.

Dutch Bros has launched a new range of summer drinks to help customers beat the heat. Available from July 1, 2024, these offerings capture '90s nostalgia with options like the Cookie Dough Freeze, Sherbet Rebel, and Tropical Frosted Lemonade. The Cookie Dough Freeze blends chocolate chip cookie dough coffee with Soft Top™ and cookie dough pieces. The Sherbet Rebel combines orange and passion fruit with sweet cream and a strawberry float. The Tropical Frosted Lemonade mixes passion fruit, coconut, blue raspberry, and sweet cream. Additionally, the Firecracker Rebel—a red raspberry energy drink with blue poppin' candy and Soft Top™—makes a return for the 4th of July. These drinks are available at all 900+ Dutch Bros locations while supplies last.