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Dutch Bros (NYSE: BROS) Q2 2024 Earnings Call Aug 07, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. ... Our medium size is 24-ounce drink. We're doing a lot of ice business right now. Over 90% ...
Dutch Bros' second-quarter revenue grew 30% year over year to $324.9 million, driven by 36 new shop openings (to 912) and modest same-shop sales growth. Operating income jumped 64% to $32.2 million.
1. Dutch Bros' growth marathon is in its early miles. Even though the company more than doubled its shop count from 441 locations in 2020 to today's 900-plus stores, roughly 75% of Dutch Bros ...
The chain's name originally included a period in the abbreviation, as seen in the neon signage of a 2014-opened store. Dutch Bros Inc., originally written Dutch Bros. (with a period at the end), is a publicly held drive-through coffee chain in the United States. [4] Founded in 1992 by Dane and Travis Boersma, it is headquartered in Grants Pass ...
In March, Dutch Bros ran a 6-hour promotion for military personnel, offering four medium drinks for $15. That promo brought in the largest sales day in company history, with same-store sales 40% ...
Dunn Bros Coffee is a franchise, and most stores are locally owned and operated. One distinguishing feature that separates Dunn Bros from most of its chain competitors is that at every traditional location the coffee is roasted right in the store, usually on a daily basis. [6] This allows customers to buy freshly roasted whole beans.
Peet's Coffee is a San Francisco Bay Area -based specialty coffee roaster and retailer owned by JAB Holding Company via JDE Peet's. Founded in 1966 by Alfred Peet in Berkeley, California, Peet's introduced the United States to its darker roasted Arabica coffee in blends including French roast and grades appropriate for espresso drinks. [2][3][4 ...
Dutch Bros (NYSE: BROS) has taken investors on a wild ride since its initial public offering (IPO) in September 2021. The American drive-thru coffee chain went public at $23, opened at $32.50, and ...