Dutch Bros Inc Stock Price, News & Analysis

Dutch Bros, headquartered in Grants Pass, Oregon, has launched the Cookie Dough Cold Brew and Cookie Dough Freeze at over 570 locations, starting July 1, 2022. The Cold Brew combines Dutch Bros' coffee with chocolate milk and cookie dough flavor, topped with soft topping and chocolate sprinkles. The Freeze offers similar flavors in a blended format. Both drinks are available through the end of August. This initiative aims to evoke nostalgic summer memories and is part of Dutch Bros' commitment to quality service.

Dutch Bros Inc. (NYSE: BROS), a rapidly growing player in the food service industry, will participate in four investor conferences this spring. Key events include:

• June 7: Baird’s Global Consumer Conference at 1:55 p.m. ET.
• June 8: Piper Sandler’s Year of the Restaurant Summit at 9:00 a.m. ET.
• June 9: William Blair’s 42nd Annual Growth Stock Conference at 1:20 p.m. ET.
• June 20-22: Jefferies Consumer Conference, with a virtual fireside chat available on June 20.

Fireside chats will be accessible live on their Investor Relations website.

Dutch Bros Coffee is set to host its 16th annual Drink One for Dane day on May 20, 2022, donating a portion of proceeds from over 550 locations to the Muscular Dystrophy Association (MDA) to support ALS research and care. Founded by Dane and Travis Boersma in 1992, the initiative aims to honor Dane, who passed away from ALS. To date, Dutch Bros has raised over $10 million for MDA. This partnership underscores Dutch Bros' commitment to community support and ALS awareness, promoting hope and advancements in treatment.

Dutch Bros reported a first-quarter 2022 revenue increase of 54% year-over-year, reaching $152.2 million, driven by 34 new shop openings and a 6.0% increase in same-shop sales. The company revised its 2022 outlook, targeting at least 130 shop openings and projecting total revenues between $700 million and $715 million. However, the net loss widened to $(16.3 million) from $(4.8 million), and adjusted EBITDA decreased to $9.7 million from $18.7 million due to inflation and margin pressures.

Dutch Bros has launched its summer drink, the High Dive Rebel, featuring tropical fruit flavors, available at over 550 locations starting May 2, 2022. This exclusive energy drink combines peach, pomegranate, and a mix of passion fruit, guava, orange, and pineapple. For non-caffeine lovers, the High Dive Lemonade is also an option. The High Dive Rebel will be featured through June but available all summer. Additionally, the popular Campout Cold Brew returns, blending cold brew coffee with chocolate milk and marshmallow flavors.

Dutch Bros Inc. (NYSE: BROS), a leading brand in the foodservice industry, will host a conference call and webcast on May 11, 2022, at 5:00 PM ET, to discuss its financial results for the first quarter ending March 31, 2022. The results will be reported after market close. Interested parties can join via dial-in at 1-201-493-6779 or through the webcast. Founded in 1992, Dutch Bros operates 538 locations across 12 states, focusing on high-quality beverages and community engagement.

Dutch Bros Inc. (NYSE: BROS) reported strong fourth quarter and full year 2021 results, emphasizing significant growth in revenue and same shop sales. In 2021, the company opened 98 new shops and achieved a revenue increase of 52.1% to $497.9 million. Fourth quarter revenues rose 55.8% to $140.1 million. However, a net loss of $(121.1) million was recorded for the year, exacerbated by $157.7 million in non-cash equity compensation. For 2022, Dutch Bros projects at least 125 new shop openings and total revenues between $700 million and $715 million.

Dutch Bros (NYSE: BROS) will host a conference call on March 1, 2022, at 5:00 PM ET to discuss its fourth quarter and fiscal year 2021 financial results, which will be reported after market close that day. Executives Joth Ricci and Charley Jemley will also participate in two investor conferences on March 7 and March 9, 2022, providing insights into the company's growth and performance. As of December 31, 2021, Dutch Bros operated 538 locations across 12 states, showcasing significant expansion.

Dutch Bros Inc. (NYSE: BROS) reported strong preliminary results for Q4 and FY 2021, with notable developments including the opening of 35 new shops in Q4, bringing total openings for the year to 98. Same shop sales grew by 10.1% in Q4 and 8.4% for the full year. The company exceeded prior sales and shop development guidance, with plans to open 125 new shops in 2022. The loyalty program, Dutch Rewards, expanded significantly, reaching 3.2 million members. CEO Joth Ricci expressed confidence in ongoing growth and operational stability as the company approaches its 30th anniversary.