Business description: Dutch Bros Inc.

Dutch Bros Inc. is an operator and franchiser of drive-thru shops, which is focused on serving hand-crafted beverages. The Company sells a range of customizable hot, iced and blended beverages. Coffee-based beverages include handcraft espresso shots for both hot and cold custom classic and signature coffee beverages. It also sells proprietary coffee-based Freeze blended beverages and cold brew. Its Private Reserve coffee is a 100% Arabica three-bean blend, roasted by the Company in Grants Pass, Oregon or Melissa, Texas facilities. The Company has two segments: Company-operated shops, and Franchising and other. The Company-operated shops segment includes retail coffee shop sales to end consumers. The Franchising and other segment includes bean and product sales to franchise partners and includes the initial franchise fees, royalties, and marketing fees. It has approximately 1,101 shops, of which over 779 are operated by the Company and 322 are franchised, across 26 states.

Number of employees: 24,000

Sales by Activity: Dutch Bros Inc.

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Company-Operated Shops

40Cr 64Cr 86Cr 116.58Cr 150.93Cr

Franchising and Other

9.41Cr 9.93Cr 11Cr 12Cr 13Cr

Geographical breakdown of sales: Dutch Bros Inc.

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

50Cr 74Cr 97Cr 128.1Cr 163.82Cr

Executive Committee: Dutch Bros Inc.

Manager TitleAgeSince
Chief Executive Officer 52 01/01/2024
Director of Finance/CFO 47 09/05/2024
Chief Tech/Sci/R&D Officer - 16/12/2024
Sales & Marketing 43 12/06/2023
Corporate Officer/Principal 45 05/01/2026

Composition of the Board of Directors: Dutch Bros Inc.

Director TitleAgeSince
Chairman 55 01/02/2021
Director/Board Member 48 01/08/2021
Director/Board Member 61 01/08/2021
Director/Board Member 50 15/12/2021
Director/Board Member 51 22/08/2022
Director/Board Member 52 01/01/2024
Director/Board Member 54 03/11/2023
Director/Board Member 68 03/06/2024
Director/Board Member 59 24/06/2024
Director/Board Member 50 18/02/2025

Shareholders: Dutch Bros Inc.

NameEquities%Valuation
Fidelity Management & Research Co. LLC
10.75 %
1,36,50,248 10.75 % 785 M $
Fidelity Management & Research Co. LLC
5.682 %
72,12,382 5.682 % 415 M $
BlackRock Advisors LLC
5.466 %
69,38,177 5.466 % 399 M $
Vanguard Capital Management LLC
5.247 %
66,59,327 5.247 % 383 M $
Vanguard Capital Management LLC
4.483 %
56,90,101 4.483 % 327 M $
NameEquities%Valuation
TSG Consumer Partners LP
5.172 %
23,47,346 5.172 % 135 M $
NameEquities%Valuation
8.451 %
1,06,01,681 8.451 % 610 M $
TSG Consumer Partners LP
8.055 %
1,01,05,509 8.055 % 581 M $
NameEquities%Valuation
54.37 %
3,51,78,351 54.37 % 2 023 M $

Company details: Dutch Bros Inc.

Dutch Bros, Inc.

1930 West Rio Salado Parkway

85281, Tempe

+

http://www.dutchbros.com
address Dutch Bros Inc.(BROS)

Cafés

Change 5d. change 1-year change 3-years change Capi.($)
-0.88%-11.35%-27.45%+94.77% 695.29Cr
+0.84%-0.40%+4.59%+12.22% 85Cr
+1.79%+0.79%+4.41%+30.48% 73Cr
0.00%+5.06%+25.76%+23.88% 41Cr
-0.18%-8.96% - - 20Cr
+0.85%-6.55%-15.33%-33.32% 5.46Cr
Average +0.41%-3.79%-1.60%+25.61% 153.24Cr
Weighted average by Cap. -0.44%-8.85%-19.36%+77.75%
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
26
Last Close Price
50.68USD
Average target price
76.72USD
Spread / Average Target
+51.38%

Quarterly revenue - Rate of surprise

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