BROS

Dutch Bros Inc. (BROS)

Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, Dutch Bros Inc. has grown into a prominent operator and franchisor of drive-thru coffee shops across the United States. The company specializes in serving a diverse range of handcrafted beverages, including hot and cold espresso-based drinks, cold brew coffee, proprietary energy drinks, teas, lemonades, and smoothies. As of December 31, 2024, Dutch Bros operates 982 locations across 18 states, with a strong emphasis on community engagement and a people-first culture.

Recent Stock Performance

As of February 19, 2025, Dutch Bros' stock (NYSE: BROS) is trading at $85.00, reflecting a slight decrease of $0.37 (0.43%) from the previous close. The stock experienced an intraday high of $86.23 and a low of $84.41, with a trading volume of 498,737 shares.

In the fourth quarter of 2024, Dutch Bros reported a 34.9% increase in total revenue, reaching $342.8 million, surpassing analysts' expectations of $318.8 million. Adjusted earnings per share rose to $0.07, exceeding the anticipated $0.02 per share. The company opened 32 new stores during the quarter, with 25 being company-owned, and achieved a system same-store sales increase of 6.9%. CEO Christine Barone attributed this success to innovation efforts, paid media, and the Dutch Rewards loyalty program. Looking ahead, Dutch Bros projects full-year revenue between $1.555 billion and $1.575 billion for 2025, higher than the $1.530 billion estimate. The company plans to expand mobile ordering and introduce new food offerings, aiming to open at least 160 new stores in 2025.