Dutch Bros Inc Stock Price, News & Analysis

On Sept. 16, Dutch Bros Coffee and its patrons collectively raised over $1.1 million for local youth organizations focused on education and extracurricular resources. The initiative, part of the annual Buck for Kids campaign launched in 2011, aims to create brighter futures for children and families. Katie Hutchison, the vice president of social impact, expressed gratitude towards customers and organizations involved. With headquarters in Grants Pass, Oregon, Dutch Bros operates over 600 locations across 14 states.

Dutch Bros Inc. (NYSE: BROS) has appointed Victoria Tullett as its first Chief Legal Officer, effective September 20. Tullett brings over 20 years of experience in legal and operational risk management, particularly with high-growth companies. Her previous role involved over two decades at Papa Murphy’s, where she held multiple positions including General Counsel. CEO Joth Ricci highlighted her expertise as vital for Dutch Bros' continued growth and compliance. The company operates 603 locations across 14 states and focuses on high-quality, handcrafted beverages.

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Dutch Bros Coffee will host the 'Buck for Kids Day' on Sept. 16, donating $1 from each drink sold to local youth organizations across the nation. This annual event, initiated in 2011, aims to support youth initiatives, with local operators choosing the beneficiaries. In 2021, the campaign raised over $697,000. This year, partners include the Boys and Girls Club and Big Brothers Big Sisters. Co-founder Travis Boersma expressed excitement about the community impact, while VP Katie Hutchinson anticipates even greater contributions as customer participation grows.

Dutch Bros announces the launch of its seasonal beverages, including the Caramel Pumpkin Brûlée and the new Sweater Weather Chai, available across more than 600 locations starting September 1, 2022. The Caramel Pumpkin Brûlée combines pumpkin and salted caramel flavors, while the Sweater Weather Chai features white coffee and is higher in caffeine. Both drinks will be available until the end of October. The company emphasizes its commitment to quality and community service, providing millions in donations annually.

Dutch Bros Inc. has appointed Ann Miller to its Board of Directors, expanding the board to nine members. Miller is currently the Executive Vice President and Chief Legal Officer at NIKE and has extensive experience in corporate governance. Her role at Dutch Bros includes serving on the Audit and Risk Committee. The company aims to enhance its governance while continuing to grow in the competitive food service and restaurant industry, focusing on high-quality beverages and community-driven culture.

Dutch Bros has launched the Blended Orangesicle Rebel, a limited-time drink available for two weeks at over 600 locations. This refreshing beverage combines the exclusive Rebel energy drink with orange and vanilla flavors, topped with Soft Top. Customers can enjoy this nostalgic summer treat until the end of August, but it will also be available year-round. The company, known for its community commitment and specialty drinks, continues to expand its offerings and enhance customer experience.

Dutch Bros Inc. (NYSE: BROS) reported a strong second quarter, achieving a 44.2% revenue growth to $186.4 million, with a total of 31 new shops opened. The company surpassed 600 shops and exceeded $1 billion in trailing twelve-month systemwide sales. Despite a net loss of $(1.8) million, adjusted EBITDA was $23.9 million. Company-operated shop margins rose to 24.6%, up 630bps sequentially. For full-year 2022, Dutch Bros projects at least $715 million in revenues and 130 shop openings.

Dutch Bros Inc. (NYSE: BROS) announced a conference call and webcast to discuss its second-quarter financial results for the period ending June 30, 2022. The event will take place on Wednesday, August 10, 2022, at 5:00 PM ET. Financial results will be released after market close on the same day. Interested parties can participate via a dial-in number or through a webcast available on their investor relations website. The call will be archived for later access.