Overview
U.S. quick service beverage firm's Q4 revenue grew 29%, beating analysts' expectations
Company opened 55 new shops, expanding across 17 states
System same shop sales grew 7.7%, driven by transaction increases
Outlook
Dutch Bros projects 2026 revenue between $2 bln and $2.03 bln
Company expects 2026 same shop sales growth of 3% to 5%
Dutch Bros estimates 2026 adjusted EBITDA between $355 mln and $365 mln
Result Drivers
SHOP EXPANSION - Dutch Bros opened 55 new shops, including 52 company-operated, across 17 states, contributing to revenue growth
TRANSACTION INCREASES - Systemwide same-shop transactions grew 5.4%, driving overall sales growth
ADJUSTED EBITDA GROWTH - Adjusted EBITDA grew 48.8%, outpacing revenue growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $443.61 mln | $424.75 mln (19 Analysts) |
Q4 EPS | $0.17 | ||
Q4 Net Income | $29.16 mln | ||
Q4 Income From Operations | $33.96 mln | ||
Q4 Pretax Profit | $31.14 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "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 $75.50, about 41.1% above its February 11 closing price of $53.52
The stock recently traded at 60 times the next 12-month earnings vs. a P/E of 64 three months ago
Press Release: ID:nBw6FtTrXa
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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.)