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Dutch Bros Inc. - BROS STOCK NEWS

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. (BROS) is a prominent operator and franchisor of drive-thru coffee shops, known for its commitment to delivering high-quality, hand-crafted beverages. Founded in 1992 in Southern Oregon by brothers Dane and Travis Boersma, Dutch Bros has grown to become the largest privately-held drive-thru coffee company in the United States. The company's headquarters are located in Grants Pass, OR.

With more than 850 locations across 17 states, including Oregon, California, Washington, Idaho, Nevada, Colorado, and Arizona, Dutch Bros serves a diverse menu featuring hot and cold espresso-based drinks, cold brew coffee, proprietary energy drinks, tea, lemonade, smoothies, and other refreshing beverages. The company prides itself on using a premium private bean blend, roasted fresh daily to ensure consistent quality.

In addition to its extensive menu, Dutch Bros is known for its strong community engagement. The company donates one percent of its gross sales to local communities, supporting numerous nonprofit organizations. In 2009 alone, Dutch Bros donated nearly $1 million to groups such as the Muscular Dystrophy Association, American Cancer Society, and Boys & Girls Clubs of America.

Recently, Dutch Bros introduced new Poppin' Boba drinks available at all 850+ locations, showcasing its innovative approach to enhancing the customer experience. This initiative, along with their constant efforts to provide speed, quality, and exceptional service, has solidified Dutch Bros' position in the competitive coffee industry.

For more information about Dutch Bros, their franchising opportunities, and the latest news, visit www.dutchbros.com.

News

Dutch Bros Inc. to Host Fourth Quarter and Fiscal Year 2023 Conference Call and Webcast on February 21, 2024

Rhea-AI Summary
Dutch Bros Inc. (NYSE: BROS) will host a conference call and webcast to review financial results for the fourth quarter and fiscal year ended December 31, 2023 on Wednesday, February 21, 2024. The company will report financial results after the market close that same day. The conference call and webcast details are provided for investors and analysts to participate and access the information.
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Dutch Bros Inc. Announces Expanded Operations Support Center in Phoenix, Arizona

Rhea-AI Summary
Dutch Bros Inc. (NYSE: BROS) announces plans to expand operations at its Phoenix, Arizona office, aiming to shift 40% of its support staff by 2025. The expansion is expected to be discussed in detail during the Fourth Quarter and Full-Year 2023 earnings call in mid-February. CEO Christine Barone emphasizes the brand's focus on relationships and the strategic nature of the roles being moved. The move is intended to position the support center closer to the brand's expansion across the US, leveraging Phoenix's strong market and cultural presence. The company plans to maintain a significant presence in Grants Pass, Oregon, where it originated.
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Dutch Bros Inc. Reports Fourth Quarter and Fiscal Year 2023 New Shop Openings

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Dutch Bros Inc. (NYSE: BROS) reports highlights for the quarterly and annual periods ended December 31, 2023, including 37 new shop openings in Q4 2023, a total of 831 shops across 16 states as of December 31, 2023, and a preliminary outlook of at least 150-165 total system shop openings for full year 2024. The company also announced senior leadership changes and its participation at the 2024 ICR Conference.
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Dutch Bros Inc. to Participate at the Barclays Eat, Sleep, Play Conference

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Dutch Bros Inc. (BROS) will host a fireside chat at the Barclays Eat, Sleep, Play Conference in New York City on November 29, 2023, and will be meeting with institutional investors throughout the day. The webcast will be available from the Investor Relations website.
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Dutch Bros Inc. Reports Third Quarter 2023 Financial Results and Announces Two New Directors

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Dutch Bros Inc. (NYSE: BROS) Reports Record Revenue of $265 million, a 33% Increase Year-over-Year and 39 New Systemwide Shop Openings in Q3 2023
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Dutch Bros Inc. to Host Third Quarter 2023 Conference Call and Webcast on November 7, 2023

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Dutch Bros Inc. will host a conference call and webcast to review financial results for Q3 2023 on November 7. The webcast will be archived after the call.
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Dutch Bros Inc. Announces Pricing of $300 Million Offering of Class A Common Stock

Rhea-AI Summary
Dutch Bros announces pricing of underwritten offering of 11,538,461 shares at $26.00 per share, expected to raise approximately $300 million. Underwriters granted option to purchase additional shares.
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Dutch Bros Inc. Announces Proposed Public Offering of Class A Common Stock

Rhea-AI Summary
Dutch Bros announces $300M public offering of Class A Common Stock, with an option for an additional $45M. BofA Securities, J.P. Morgan Securities, and Jefferies LLC are the lead book-running managers. The offering is subject to market conditions.
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Dutch Bros Inc. Reports Second Quarter 2023 Financial Results

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Dutch Bros reports 34% YoY revenue growth in Q2 2023, opens 38 new shops, and announces leadership transition. Q2 revenue increased to $250 million. Company-operated shop gross profit improved to 23.6%, a YoY increase of 420bps. Adjusted EBITDA grew 103% to $48.6 million. 2023 guidance: Total system shop openings expected to be at least 150, total revenues projected to be at the lower end of $950M-$1B range, adjusted EBITDA estimated to be between $135M-$140M.
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Dutch Bros Inc. to Host Second Quarter 2023 Conference Call and Webcast on August 8, 2023

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FAQ

What is the current stock price of Dutch Bros (BROS)?

The current stock price of Dutch Bros (BROS) is $54.06 as of December 20, 2024.

What is the market cap of Dutch Bros (BROS)?

The market cap of Dutch Bros (BROS) is approximately 6.0B.

What is Dutch Bros Inc.?

Dutch Bros Inc. is a drive-thru coffee company known for its hand-crafted beverages and strong community involvement.

Where was Dutch Bros founded?

Dutch Bros was founded in Southern Oregon in 1992 by brothers Dane and Travis Boersma.

How many locations does Dutch Bros have?

Dutch Bros has over 850 locations across 17 states.

What kind of products does Dutch Bros offer?

Dutch Bros offers a variety of beverages including hot and cold espresso-based drinks, cold brew coffee, proprietary energy drinks, tea, lemonade, and smoothies.

What recent products have Dutch Bros introduced?

Dutch Bros recently introduced Poppin' Boba drinks, available in Vanilla Honey and Strawberry flavors.

What is Dutch Bros' community involvement?

Dutch Bros donates one percent of its gross sales to local communities and supports various nonprofit organizations.

How can I learn more about franchising with Dutch Bros?

For more information on franchising, visit the Dutch Bros website at www.dutchbros.com.

Who are the founders of Dutch Bros?

Dutch Bros was founded by brothers Dane and Travis Boersma.

Where is Dutch Bros headquartered?

Dutch Bros is headquartered in Grants Pass, Oregon.

How does Dutch Bros ensure the quality of its coffee?

Dutch Bros uses a premium private bean blend that is roasted fresh daily to ensure consistent quality.

Stock BROS logo
Dutch Bros Inc.

NYSE:BROS

BROS Rankings

#1157 Ranked by Market Cap
N/A Ranked by Dividends

BROS Stock Data

5.97B
109.84M
3.48%
87.4%
8.32%
Restaurants
Retail-eating & Drinking Places
Link
United States of America
GRANTS PASS