Welcome to our dedicated page for Dutch Bros news (Ticker: BROS), a resource for investors and traders seeking the latest updates and insights on Dutch Bros stock.
Dutch Bros Inc. reports company news about its drive-thru beverage shop system, including company-operated shops and franchised locations in the U.S. quick-service beverage industry. Updates commonly cover quarterly financial results, same shop sales, transaction trends, shop openings, company-operated shop revenue, adjusted profitability measures and management commentary on field execution and customer engagement.
The company’s news also includes product and brand developments tied to its hand-crafted beverage lineup, including espresso-based drinks, cold brew, proprietary energy drinks, tea, lemonade, smoothies and Dutch Bros at home consumer packaged goods such as ground coffee, ready-to-drink iced lattes, creamers and single-serve pods. Other recurring items include conference call announcements and leadership changes affecting shop operations.
Dutch Bros (NYSE: BROS), a leading quick service beverage brand in the U.S., has announced its inaugural Investor Day to be held at their support center in Tempe, AZ in March 2025. The event will feature presentations from the management team covering the company's strategic vision, long-term growth strategy, and multi-year sales drivers.
The March 2025 Investor Day webcast is scheduled for Thursday, March 27, 2025, at 8:00 a.m. PT. Investors can access the live presentation through the company's investor relations website at investors.dutchbros.com under the 'Events & Presentations' section. The webcast will be archived, and presentation slides will be made available on the same platform following the event.
Dutch Bros (NYSE: BROS) has appointed Kory Marchisotto to its Board of Directors as an independent director. Marchisotto, currently serving as Chief Marketing Officer at e.l.f. Beauty (NYSE: ELF), brings nearly 30 years of brand-building experience and expertise in connecting with Gen Z and Gen Alpha customers.
The appointment was announced by Dutch Bros CEO Christine Barone, who praised Marchisotto's understanding of customer needs and dedication to connection, innovation, and purpose. Prior to her current role at e.l.f. Beauty since 2019, Marchisotto spent 18 years at Shiseido Americas , where she last served as Senior Vice President of Marketing for bareMinerals.
Dutch Bros (NYSE: BROS) reported strong Q4 2024 results with 34.9% revenue growth to $342.8 million. The company achieved system same shop sales growth of 6.9% and company-operated same shop sales growth of 9.5%. Q4 net income reached $6.4 million compared to a $3.8 million loss in Q4 2023.
For full-year 2024, total revenues grew 32.6% to $1.28 billion, with system same shop sales up 5.3%. The company opened 151 new shops across 18 states. Net income for 2024 was $66.5 million, up from $10.0 million in 2023.
Looking ahead to 2025, Dutch Bros expects revenues between $1.555-1.575 billion, plans to open at least 160 new shops, and projects same shop sales growth of 2-4%. The company anticipates Adjusted EBITDA between $265-275 million, considering elevated coffee costs offset by SG&A leverage.
Dutch Bros (NYSE: BROS), a leading quick-service beverage company in the United States, has announced its upcoming Fourth Quarter and Fiscal Year 2024 financial results conference call. The event will take place on Wednesday, February 12, 2025, at 5:00 p.m. Eastern Time.
CEO and President Christine Barone and CFO Joshua Guenser will host the conference call and webcast to discuss the company's financial performance. The financial results will be released after market close on the same day. Investors can access the conference call via phone or watch the webcast through the company's investor relations website.
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'.