Coffee chain firm Dutch Bros Q3 revenue rises on new shop productivity

Dutch Bros

05/11/2025 22:27

Overview

Dutch Bros Q3 revenue grows 25.2% yr/yr, beating analyst expectations

Company-operated same shop sales rose 7.4%, driven by 6.8% transaction growth

Dutch Bros raises full-year guidance for revenue and same shop sales growth

Outlook

Dutch Bros raises full-year revenue guidance to $1.61 bln-$1.615 bln

Company expects same shop sales growth of approximately 5% for 2025

Dutch Bros targets 160 shop openings in 2025, 175 in 2026

Result Drivers

TRANSACTION INITIATIVES - CEO Christine Barone attributes revenue growth to transaction-driving initiatives and new shop openings

NEW SHOP PRODUCTIVITY - Elevated productivity in new shops contributed to strong Q3 results

RAISED GUIDANCE - Dutch Bros raises full-year guidance for revenue and same shop sales growth due to strong Q3 performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$423.58 mln
$415.50 mln (15 Analysts)
Q3 Net Income
$27.28 mln
Q3 Gross Profit
$82.44 mln
Q3 Income From Operations
$41.49 mln
Q3 Pretax Profit
$34.94 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for Dutch Bros Inc is $74.00, about 25.4% above its November 4 closing price of $55.17

The stock recently traded at 63 times the next 12-month earnings vs. a P/E of 80 three months ago

Press Release: ID:nBw6sBZ6za

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)