US26701L1008 - Common Stock
DUTCH BROS INC-CLASS A
NYSE:BROS (11/7/2024, 11:20:09 AM)
47.01
+12.07 (+34.54%)
Dutch Bros, Inc. engages in operating and franchising drive-thru shops that focus on handcrafted beverages. The company is headquartered in Grants Pass, Oregon and currently employs 24,000 full-time employees. The company went IPO on 2021-09-15. The firm sells a range of customizable hot, iced and blended beverages. Coffee-based beverages include its espresso-based custom drinks, cold brew and its proprietary Freeze blended beverages. Its Private Reserve coffee is a 100% Arabica three-bean blend, roasted in its Grants Pass facility. Its proprietary Blue Rebel energy drink is customizable with flavors and modifiers. The company also offers a variety of teas, lemonades, sodas and smoothies. The firm has two segments: Company-operated shops, and Franchising and other. The Company-operated shops segment includes coffee shop sales to customers. The Franchising and other segment includes bean and product sales to franchise partners and includes the initial franchise fees, royalties, and marketing fees. The company has approximately 831 shops, of which 542 are operated by the Company and 289 are franchised, across 16 states.
DUTCH BROS INC-CLASS A
110 Sw 4Th Street
Grants Pass OREGON
P: 15419554700
CEO: Joth Ricci
Employees: 24000
Website: https://investors.dutchbros.com/overview/default.aspx
Dutch Bros stock hit a new 52-week high today.
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BROS earnings call for the period ending September 30, 2024.
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Coffee chain Dutch Bros (NYSE:BROS) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 27.9% year on year to $338.2 million. The company’s full-year revenue guidance of $1.26 billion at the midpoint came in 2.2% above analysts’ estimates. Its non-GAAP profit of $0.16 per share was also 37.1% above analysts’ consensus estimates.
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