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. (NYSE: BROS) is a high-growth operator and franchisor of drive-thru beverage shops in the U.S. quick service beverage industry. The Dutch Bros news feed on Stock Titan brings together company announcements, earnings releases, strategic updates, and other disclosures that shape how investors and observers understand the BROS stock story.
News about Dutch Bros frequently centers on financial results and operating performance. The company regularly issues quarterly earnings releases that discuss revenue growth, system same shop sales, company-operated same shop sales, transaction trends, shop contribution margins, and guidance ranges for total revenues, same shop sales growth, and Adjusted EBITDA. These updates also detail new shop openings across multiple states and changes in system shop counts.
Investors following BROS news will also see corporate and strategic announcements, such as Dutch Bros’ long-term goal of 2,029 system shops in 2029, updates to its total addressable market for system shop openings, and its entry into the consumer packaged goods market through a licensing agreement with Trilliant Food & Nutrition, LLC to launch Dutch Bros packaged coffee and related products in retail outlets.
Leadership and governance developments appear in the news flow as well, including appointments to key roles like Chief Development Officer and Chief Shops Officer, which the company associates with new shop growth, field operations, and shop execution. Dutch Bros also issues releases about participation in investor conferences and the scheduling of quarterly conference calls and webcasts.
By reviewing the Dutch Bros news page, readers can track how the company describes its growth trajectory, shop expansion, financial metrics, and strategic initiatives over time. Bookmark this page to access a consolidated view of BROS-related press releases and official communications.
Dutch Bros Coffee has appointed Leigh Gower as its first Chief Technology Officer on Dec. 1, 2021. Gower, with over 20 years of experience in leveraging technology to enhance customer service, previously held senior positions at Blue Nile and T-Mobile. CEO Joth Ricci expressed enthusiasm for Gower's expertise, emphasizing technological integration to improve customer interactions. Dutch Bros operates over 500 locations across 12 states, focusing on delivering specialty coffee and community support through its foundation.
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Dutch Bros Inc. (NYSE: BROS), a leading brand in the U.S. foodservice sector, announced a virtual fireside chat featuring CEO Joth Ricci and CFO Charley Jemley at the Barclays Eat, Sleep, Play Conference. The event will take place on Thursday, December 2, 2021, at 10:30 a.m. Eastern Time and will be available for live streaming on the company's Investor Relations website. With over 500 locations in 11 states as of September 30, 2021, Dutch Bros focuses on high-quality, hand-crafted beverages while fostering a community-driven culture.
Dutch Bros Inc. (NYSE: BROS) reported a robust third quarter ending September 30, 2021, highlighting a revenue increase of 49.8% to $129.8 million, driven by a 62.9% surge in company-operated shop revenues. The company surpassed 500 operating shops with the opening of 33 new locations. However, net income fell to $(117.1) million due to $124.8 million in non-cash equity-based compensation. The fourth quarter outlook suggests revenues between $125.0 million and $128.0 million, with plans for at least 30 new shop openings and 112 new shops in 2022.
Dutch Bros Inc. (NYSE: BROS) announced a conference call to discuss its third quarter financial results for 2021. The call will take place on Wednesday, Nov. 10, 2021, at 5 p.m. ET. Financial results will be reported after the market closes on the same day. Interested parties can join via phone at 1-201-493-6779 or access the webcast at investors.dutchbros.com. As of June 30, 2021, Dutch Bros operates 471 locations across 11 states, offering a variety of hand-crafted beverages and a strong commitment to customer experience.
Dutch Bros Coffee raised $695,235 for local youth organizations during its annual Buck for Kids campaign on Sept. 10, 2021. This amount marks the highest fundraising total since the campaign's inception in 2011, bringing the total raised to over $3.7 million. Katie Hutchison, vice president of social impact at Dutch Bros, expressed gratitude for customer support. The company, headquartered in Grants Pass, Oregon, operates over 500 locations in 11 states and is dedicated to community service and support.
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Dutch Bros Inc. has successfully closed its initial public offering (IPO) of 24,210,526 shares of Class A common stock at a public price of $23 per share, generating approximately $556.8 million before expenses. The IPO included an underwriters' option for an additional 3,157,894 shares. Trading commenced on the NYSE under the symbol 'BROS' on September 15, 2021. Major underwriters for the offering included BofA Securities, J.P. Morgan Securities, and Jefferies LLC. Dutch Bros operates drive-thru coffee shops across multiple states, emphasizing quality beverages and exceptional customer service.
Dutch Bros Inc. has priced its initial public offering at $23.00 per share for 21,052,632 shares of Class A common stock. The offering includes a 30-day option for underwriters to purchase up to an additional 3,157,894 shares. Trading on the NYSE under the symbol BROS is set to begin on September 15, 2021, with the offering closing on September 17, 2021, pending customary conditions. The registration statement became effective on September 14, 2021.
Dutch Bros Inc. has announced the commencement of its roadshow for an initial public offering (IPO) of 21,052,632 shares of Class A common stock, expected to be priced between $18.00 and $20.00 per share. The company aims to list its stock on the NYSE under the symbol BROS and has also granted underwriters a 30-day option for an additional 3,157,894 shares. Major underwriters include BofA Securities, J.P. Morgan, and Jefferies LLC. The registration statement is pending effectiveness, and offers may not occur until then.
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