Company Dutch Bros Inc.

BROS

US26701L1008

Restaurants & Bars

Market Closed - Nyse Other stock markets 01:30:02 30/04/2024 am IST			5-day change	1st Jan Change
28.35 ^USD	-0.84%		-1.56%	-10.48%

02/04	Dutch Bros Inc. Announces Management Appointments	CI
22/03	Dutch Bros Shares Fall After Secondary Offering Prices, Chair Sells Shares	MT

Business Summary

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 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. It also offers a variety of teas, lemonades, sodas and smoothies. The Company 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. It has approximately 831 shops, of which 542 are operated by the Company and 289 are franchised, across 16 states.

Number of employees: 16,000

Sales per Business

USD in Million	2022	Weight	2023	Weight	Delta
Company-operated Shops 88.8 %	640	86.6 %	858	88.8 %	+34.11%
Franchising and Other 11.2 %	99	13.4 %	108	11.2 %	+8.59%

Sales per region

USD in Million	2022	Weight	2023	Weight	Delta
United States 100.0 %	739	100.0 %	966	100.0 %	+30.68%

Managers

Managers	Title	Age	Since
Travis Boersma FOU	Founder	53	01/92/01
Christine Barone CEO	Chief Executive Officer	50	06/23/06
Charles Jemley DFI	Director of Finance/CFO	59	01/20/01
Leigh Gower CTO	Chief Tech/Sci/R&D Officer	-	01/21/01
Christine Schmidt ADM	Chief Administrative Officer	48	-
Sumitro Ghosh COO	Chief Operating Officer	56	01/04
Brian Maxwell BRD	Director/Board Member	53	-
Tana Davila SAM	Sales & Marketing	-	12/23/12
Victoria Blackwell LAW	General Counsel	56	20/22/20
Keith Thomajan PRN	Corporate Officer/Principal	55	-

Members of the board

Members of the board	Title	Age	Since
Kathryn George BRD	Director/Board Member	59	01/21/01
Stephen Gillett BRD	Director/Board Member	48	15/21/15
C. David Cone BRD	Director/Board Member	52	03/11
Ann Miller BRD	Director/Board Member	49	22/22/22
Travis Boersma FOU	Founder	53	01/92/01
Christine Barone CEO	Chief Executive Officer	50	06/23/06
Sean Sullivan BRD	Director/Board Member	43	03/11
Brian Maxwell BRD	Director/Board Member	53	-
Thomas Davis BRD	Director/Board Member	46	01/21/01

Share class

	Vote	Quantity	Free-Float	Total Float
Stock A	3	8,664,225	0	39.09 %
Stock B	3	29,868,545	0
Stock C	10	60,071,226	0
Stock D	1	78,570,922	69,263,570 ( 88.15 %)

Shareholders

Name	Equities	%	Valuation
Fidelity Management & Research Co. LLC 9.947 %	7,815,803	9.947 %	258 M $
Vanguard Investments Australia Ltd. 6.046 %	4,750,468	6.046 %	157 M $
T. Rowe Price Investment Management, Inc. 5.303 %	4,166,582	5.303 %	137 M $
Citadel Securities GP LLC 5.039 %	3,959,386	5.039 %	131 M $
Travis Boersma 4.541 %	3,568,163	4.541 %	118 M $
Marshall Wace LLP 2.796 %	2,196,555	2.796 %	72 M $
American Century Cos., Inc. 1.793 %	1,408,492	1.793 %	46 M $
Wasatch Advisors, Inc. 1.619 %	1,272,366	1.619 %	42 M $
Joth Ricci 1.545 %	1,213,865	1.545 %	40 M $
Point72 Asset Management LP 1.494 %	1,173,555	1.494 %	39 M $