Dutch Bros Inc. (BROS) shares surged 14.13% in after-hours trading following the release of its fourth-quarter financial results, which significantly exceeded analyst expectations.
The quick-service beverage chain reported Q4 revenue of $443.61 million, a 29% increase year-over-year that beat the consensus estimate of $424.75 million. Earnings per share came in at $0.17, surpassing the $0.10 estimate and representing a 142.86% increase over the same period last year. The company's adjusted EBITDA grew 48.8% to $72.6 million, while net income increased more than fourfold to $29.16 million.
Performance was driven by the opening of 55 new shops during the quarter and a 7.7% growth in system same-shop sales, fueled by a 5.4% increase in transactions. For the full year 2026, Dutch Bros provided an optimistic outlook, projecting revenue between $2 billion and $2.03 billion and same-shop sales growth of 3% to 5%.