Dutch Bros Inc. (BROS) Tops Q1 EPS by 3c; Offers FY23 Revenue Guidance

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Go back to Dutch Bros Inc. (BROS) Tops Q1 EPS by 3c; Offers FY23 Revenue Guidance

Dutch Bros Inc. Reports First Quarter 2023 Financial Results

May 9, 2023 4:05 PM EDT

Record 45 New Systemwide Shop Openings in Q1 2023

Quarterly Revenue Increased Nearly 30% to $197.3 million

Reaffirms 2023 Guidance

GRANTS PASS, Ore.--(BUSINESS WIRE)-- Dutch Bros Inc. (NYSE: BROS; Dutch Bros or the Company) one of the fastest-growing brands in the food service and restaurant industry in the United States by location count, today reported financial results for the first quarter ended March 31, 2023.

Joth Ricci, Chief Executive Officer of Dutch Bros, stated, In Q1, we opened a record 45 shops system-wide and grew revenue almost 30%. We also saw meaningful... More