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Dutch Bros Inc. — Third Quarter 2026 Earnings Summary

Dutch Bros Inc. reported third-quarter 2026 total revenues of $549.8 million, representing a 29.8% year-over-year increase, with net income reaching $37.2 million. The company achieved 5.4% growth in company-operated same-shop sales and 4.4% systemwide same-shop sales, driven by a 1.0% increase in company-operated customer visits. Dutch Bros opened 48 new shops during the quarter, including 42 company-operated locations, and completed the reacquisition of 32 franchise locations in the Phoenix East Valley. The company raised its full-year 2026 revenue guidance to at least $2.1 billion and announced an accelerated 2027 system shop opening goal of approximately 250 locations.

Company
DUTCH BROS INC
Sector
Consumer Cyclical
Industry
Restaurants