{"filings":[{"id":507920,"accession_number":"0001866581-26-000101","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K/A","filed_at":"2026-05-18T22:59:04+00:00","items":["5.07"],"status":"ready","headline":"Dutch Bros 2026 annual meeting results: all 9 director nominees elected, KPMG ratified, say-on-pay approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Total 458.5M votes cast (~95.2% of voting power); all nine director nominees elected with strong support.","KPMG LLP ratified as auditor for FY 2026 with 456.6M votes for, 1.7M against.","Advisory say-on-pay approved with 437.5M votes for, 1.1M against, 163k abstain.","This amendment only corrects the principal executive offices address; vote results unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":467916,"accession_number":"0001866581-26-000085","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2026-05-15T19:02:49+00:00","items":["5.07"],"status":"ready","headline":"Dutch Bros annual meeting elects nine directors, ratifies auditor, approves exec comp","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected with majority votes; notable dissent votes against Boersma (19.2M), Miller (37.1M), Gillett (34.9M), Penegor (36.2M).","Ratification of KPMG as independent auditor for FY2026 approved with 456.6M votes for, 1.7M against.","Non-binding advisory vote on named executive officer compensation approved with 437.5M for, 1.1M against.","Total voting power represented was approx 95.2% (458.5M votes out of eligible)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96391,"accession_number":"0001866581-26-000077","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q1 revenue up 31% to $464M; raises full-year guidance across all metrics","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $23.7M vs $22.5M YoY; Adjusted EBITDA $79.4M, +26.2%.","System same shop sales +8.3%, transactions +5.1%; company-operated same shop sales +10.6%.","Opened 41 new shops (33 company-operated) in Q1.","FY 2026 guidance raised: revenue $2.05-2.08B, same shop sales +4-6%, Adj. EBITDA $370-380M, at least 185 openings.","Seventh consecutive quarter of transaction growth; strength across dayparts and markets."],"consensus_eps_estimate":null,"consensus_eps_actual":0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":464412000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110265,"accession_number":"0001866581-26-000003","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q4 revenue $443.6M (+29% YoY), net income $29.2M; FY adj. EBITDA $302.6M; guides FY26 rev ~$2B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenues $443.6M (+29.4% YoY); net income $29.2M vs $6.4M prior year.","System same shop sales +7.7% (company-operated +9.7%); transaction growth 5.4% systemwide.","FY 2025 total revenues $1.64B (+27.9% YoY); adjusted EBITDA $302.6M (+31.4%).","FY 2026 guidance: rev $2.0-2.03B, adj. EBITDA $355-365M, at least 181 new shop openings.","19th consecutive year of positive same shop sales; record AUV of $2.1M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":1638159000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126845,"accession_number":"0001866581-25-000226","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q3 revenue +25% to $423.6M; raises FY revenue and SSS guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $423.6M (+25.2% YoY); net income $27.3M vs $21.7M; diluted EPS $0.14.","Company-operated same-shop sales +7.4% (transactions +6.8%); systemwide SSS +5.7%.","Adjusted EBITDA $78.0M (+22.3%); adjusted net income $0.19 per diluted fully exchanged share.","FY 2025 revenue guidance raised to ~$1.61-1.615B; same-shop sales guidance raised to ~5%.","Opened 38 new shops in Q3; 2026 target ~175 shop openings."],"consensus_eps_estimate":null,"consensus_eps_actual":0.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":1194549000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143636,"accession_number":"0001866581-25-000185","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q2 revenue up 28% to $415.8M, raises full-year guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $415.8M (+28% YoY); system same shop sales +6.1%, company-operated +7.8%.","Net income $38.4M ($0.20 diluted EPS) vs $22.2M a year ago; adjusted EBITDA $89.0M (+36.6%).","Adjusted diluted EPS $0.26 vs $0.19; company-operated transaction growth of 5.9% drove same-shop gains.","Opened 31 new shops in Q2 (30 company-operated); full-year target of at least 160 openings unchanged.","Raised 2025 guidance: revenue $1.59-$1.60B, same shop sales ~4.5%, adjusted EBITDA $285-$290M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":770965000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161850,"accession_number":"0001866581-25-000174","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-05-30T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Dutch Bros amends and restates $650M credit facility, draws $200M on closing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $650M facility: $500M revolver + $150M term loan; matures May 29, 2030.","On May 29, borrowed full $150M term loan and $50M revolver; old 2022 facility repaid and terminated.","Interest at Alternate Base Rate or Term SOFR plus margin; commitment fee 0.20%-0.45%.","Covenants: max Net Lease-Adjusted Total Leverage Ratio and minimum Coverage Ratio.","Option to increase facility by up to $230M or 80% of EBITDAR, whichever greater."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161849,"accession_number":"0001866581-25-000165","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Dutch Bros President of Operations Sumitro Ghosh to depart June 2; role eliminated","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["President of Operations Sumitro Ghosh's service ends June 2, 2025; position eliminated.","Ghosh eligible for severance under Dutch Bros Amended and Restated Severance and Change in Control Plan.","No replacement named; operational responsibilities will be absorbed by remaining leadership."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161848,"accession_number":"0001866581-25-000154","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Dutch Bros names Nicholas Daddario as principal accounting officer; salary $350k, equity awards","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Nick Daddario designated as principal accounting officer effective May 13, 2025; he joined as CAO in January 2025.","Compensation: $350k base salary, 45% target bonus, $150k one-time RSU, and $300k annual RSU eligibility.","At 2025 annual meeting, stockholders elected all 10 director nominees and ratified KPMG as auditor for FY2025.","Advisory vote on executive compensation passed; ~92.8% of voting power represented at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161847,"accession_number":"0001866581-25-000129","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q1 revenue up 29% to $355M; same-shop sales +6.9%; FY guidance trending to top half","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $355.2M (+29.1% YoY); net income $22.5M, diluted EPS $0.13.","System same-shop sales +4.7% (company-operated +6.9%); transactions +1.3% system.","Adjusted EBITDA $62.9M (+19.7% YoY); adjusted net income $0.14 per fully exchanged share.","Opened 30 new shops in Q1; FY 2025 guidance: revenue $1.555-$1.575B, at least 160 new shops.","Management says 2025 trends toward top half of guidance ranges."],"consensus_eps_estimate":null,"consensus_eps_actual":0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":355152000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179913,"accession_number":"0001866581-25-000052","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros appoints e.l.f. Beauty CMO Kory Marchisotto to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Kory Marchisotto appointed as independent director, effective February 18, 2025.","Marchisotto is SVP and CMO at e.l.f. Beauty (NYSE: ELF), with 30 years of brand-building experience.","She brings expertise in connecting with Gen Z and Gen Alpha customers.","Board size increased to ten; Marchisotto will serve until 2025 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179912,"accession_number":"0001866581-25-000035","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q4 revenue up 35% to $342.8M; net income $6.4M vs loss; guides 2025 rev $1.555-1.575B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 system same-shop sales +6.9%, company-operated +9.5%; transaction growth +2.3% (largest in 2+ years).","Full-year net income $66.5M vs $10.0M in 2023; adjusted EBITDA $230.3M (+43.9%).","2025 guidance: rev $1.555-1.575B, same-shop sales +2-4%, at least 160 new shops, adj. EBITDA $265-275M.","Q4 company-operated shop gross margin 21.4% (up 280 bps YoY); shop contribution margin 28.9% (up 240 bps)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":1281015000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179911,"accession_number":"0001866581-25-000016","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-01-21T23:59:59+00:00","items":["2.03","5.02","9.01"],"status":"ready","headline":"Dutch Bros draws $50M delayed term loan; CEO Barone gets compensation boost","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Draws $50M on delayed draw term loan before Feb 4, 2025 expiry; no amounts left after.","Funds used for general corporate purposes, including building new shops; facility expires Feb 28, 2027.","CEO Christine Barone's base salary raised to $850,000, target bonus 110% of salary (max 220%), effective Jan 1, 2025.","Barone receives annual RSU award of $3M under 2021 equity plan; 50% time-vesting, 50% performance-based with up to 200% payout.","Credit facility covenants include max net lease-adjusted leverage ratio and minimum fixed charge coverage ratio."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179910,"accession_number":"0001866581-25-000013","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2025-01-13T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros plans 1,000th shop in Feb 2025 and first Investor Day in March","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plans to open 1,000th shop in February 2025 in the Orlando market, marking a growth milestone.","First Investor Day scheduled for March 27, 2025 in Phoenix, AZ with CEO and senior leadership presentations.","Webcast of Investor Day available on investors.dutchbros.com; replay will follow.","Company hosting a fireside chat at the 27th Annual ICR Conference on January 14, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196710,"accession_number":"0001866581-24-000304","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-11-06T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q3 revenue $338M (+28% YoY); raises FY24 revenue & EBITDA guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $338.2M (+28% YoY); net income $21.7M ($0.11 diluted EPS); adjusted EPS $0.16.","System same-shop sales +2.7%, company-operated +4.0%; opened 38 new shops in Q3.","FY24 revenue guidance raised to $1.255-1.260B; adjusted EBITDA raised to $215-220M.","Mobile order rollout reached 96% company-operated shop coverage as of Sept. 30.","CEO severance amended for prorated bonus and full equity vesting on death/disability; Exec Chairman gets bonus up to 20%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":938229000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213011,"accession_number":"0001866581-24-000212","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q2 revenue rises 30% to $324.9M; raises FY revenue and EBITDA guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["System same-shop sales +4.1%; company-operated same-shop sales +5.2%.","Net income $22.2M ($0.12 diluted EPS) vs $9.7M ($0.05) a year ago.","Adjusted EBITDA grew 34.1% to $65.2M; adjusted net income $31.2M.","FY 2024 revenue guidance raised to $1.215B-$1.230B; Adj. EBITDA to $200M-$210M.","Opened 36 new shops in Q2; total system shops exceed 900."],"consensus_eps_estimate":null,"consensus_eps_actual":0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":600017000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232119,"accession_number":"0001866581-24-000202","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-06-24T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros appoints former Wendy's CEO Todd Penegor to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Todd Penegor, former President and CEO of The Wendy's Company, appointed as independent director effective June 24, 2024.","Penegor brings over 20 years of executive leadership experience at Wendy's, Kellanova, and Ford.","He will receive standard director compensation including cash retainer and equity grants per company policy.","This is the second independent director added recently; G.J. Hart (Red Robin CEO) was appointed on June 4, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232118,"accession_number":"0001628280-24-027868","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["1.02","5.02","8.01","9.01"],"status":"ready","headline":"Dutch Bros secondary offering of 8.76M shares closes; sponsor voting power drops to 1.1%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Selling stockholders sold 8,762,700 Class A shares at $39.30/share; company receives no proceeds.","Stockholders Agreement with TSG terminated automatically as Class C/D shares fell below 10% threshold after offering.","Sean Sullivan resigned as Class C Director; no Class C Director will remain.","Class C shares voting power reduced to 1 vote/share; Class D shares converted to Class A; sponsor now holds ~1.1% voting power.","Underwriters have 30-day lock-up on insider sales."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232117,"accession_number":"0001866581-24-000197","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-06-03T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros appoints restaurant veteran G.J. Hart to Board as independent director","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gerard J. Hart appointed to Dutch Bros Board as independent director and Chair of Compensation Committee, effective June 3, 2024.","Hart brings 40 years of restaurant experience, including CEO roles at Red Robin, California Pizza Kitchen, Torchy's Tacos, and Texas Roadhouse.","Hart currently serves as President & CEO of Red Robin (NASDAQ: RRGB) and on board of Portillo's (PTLO).","No arrangements or transactions requiring disclosure under Item 404(a); Hart qualifies as independent under NYSE rules.","Hart will receive standard non-employee director compensation including cash retainers and equity grants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232116,"accession_number":"0001866581-24-000175","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["1.01","5.07","9.01"],"status":"ready","headline":"Dutch Bros co-founder entities surrender 23M Class B shares, cap individual voting at <50%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Co-Founder Entities surrendered 23,000,000 shares of Class B Common Stock, which were cancelled.","After cancellation, Co-Founder Entities and Sponsor hold ~70.3% and ~10.3% of voting power, respectively.","Limitation Agreement prevents any single Co-Founder Entity from holding 50% or more of total voting power.","Annual meeting results: all director nominees elected; KPMG ratified as auditor; executive compensation approved on advisory basis."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232115,"accession_number":"0001866581-24-000132","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q1 revenue +39% to $275M, same-shop sales +10%; raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $275.1M (+39.5% YoY); system same-shop sales +10.0%; net income $16.2M vs ($9.4M) loss.","Opened 45 new shops (tie record); system AUV $2.0M, highest on record.","Raised FY2024 guidance: revenue $1.20-1.215B, adjusted EBITDA $195-205M (from $185-195M).","Named Joshua Guenser as CFO effective May 9, replacing Charles Jemley (now Strategic Advisor).","Adjusted EPS $0.09 per fully exchanged diluted share vs $0.00 prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":275099000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232114,"accession_number":"0001866581-24-000117","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-04-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Dutch Bros appoints Sumitro Ghosh as President of Operations; Brian Maxwell named Vice Chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Brian Maxwell transitions from executive officer to newly created Vice Chair role, effective April 1, 2024.","Sumitro Ghosh appointed President of Operations; previously Incoming President of Operations since Jan 2024.","Ghosh held senior roles at Nike (Global VP Stores) and Starbucks (SVP Siren Retail), and CEO of TATA Starbucks.","Ghosh's compensation: $500k base salary, $250k signing bonus, 60% annual bonus target, and RSU awards totaling $1.3M.","Relocation reimbursement up to $200k plus tax gross-up; eligible for severance under company plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250395,"accession_number":"0001628280-24-013108","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-03-26T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Dutch Bros: Sponsor secondary offering of 8M shares at $34; director resigns","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Director Blythe Jack resigned March 22, 2024; board reduces to one Class C director after share threshold drop.","Sponsor affiliates selling 8,000,000 Class A shares at $34.00 per share in underwritten secondary offering.","Underwriters granted 30-day option to buy up to 1,200,000 additional shares from selling stockholders.","Company will not receive any proceeds from the offering; all shares sold by existing stockholders.","45-day lock-up on share sales for directors, officers, and selling stockholders, subject to exceptions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250394,"accession_number":"0001628280-24-008098","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-03-01T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Dutch Bros secondary offering of 8M shares by TSG affiliates at $29.05/share","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Selling stockholders (TSG affiliates) selling 8,000,000 shares of Class A common stock at $29.05 per share.","Company will not receive any proceeds from the sale.","Underwriting agreement with Morgan Stanley as sole underwriter includes customary terms.","Directors, executives, and selling stockholders subject to 45-day lockup on share sales."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250393,"accession_number":"0001866581-24-000032","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-02-21T23:59:59+00:00","items":["2.02","2.03","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q4 revenue up 26% to $254M; system same-shop sales +5%; draws $150M; guides FY24 revenue $1.19-1.20B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenue $254.1M (+25.9% YoY); system same-shop sales +5.0%; FY23 revenue $965.8M (+30.7%), adjusted EBITDA $160.1M (+75.5%).","Net loss per diluted share $0.02 (Q4) and $0.03 (FY23); adjusted net income per fully exchanged share $0.04 (Q4) and $0.30 (FY23).","FY24 outlook: revenue $1.190-1.205B, adjusted EBITDA $185-195M, shop openings 150-165; low single-digit same-shop sales growth.","Drew $150M delayed draw term loan on Feb 20; $50M remains available until Feb 2025; proceeds for general corporate purposes and new shops.","Arizona support center expansion: ~40% of support staff in AZ by Jan 2025; estimated costs $24-31M plus $6-10M capex."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":965776000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250392,"accession_number":"0001866581-24-000029","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-02-14T23:59:59+00:00","items":["2.05","7.01","9.01"],"status":"ready","headline":"Dutch Bros plans relocation of ~40% support staff to Phoenix; expects $24M-$31M charges","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated aggregate charges of $24M-$31M for relocation, retention, transition, and termination benefits.","Employee-related costs of $19M-$26M; consulting and other costs of $5M.","Capital expenditures of $6M-$10M for Phoenix office expansion.","Relocation to be completed by Jan 1, 2025; affected employees notified in February 2024.","Charges will be excluded from non-GAAP Adjusted EBITDA as non-recurring."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250391,"accession_number":"0001866581-24-000013","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-01-08T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros reports 159 new shops in 2023, guides 150-165 for 2024, announces CFO & operations leadership changes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Opened 159 new shops in 2023 (146 company-operated); total system 831 shops in 16 states.","FY 2024 guidance: at least 150–165 total system shop openings.","Joshua Guenser to become CFO on/about Feb 19, succeeding Charley Jemley; Sumitro Ghosh as President of Operations.","Brian Maxwell (COO) to become Vice Chairman; Jess Elmquist appointed Chief People Officer.","CEO Christine Barone highlighted goal of scaling to 4,000 shops."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250390,"accession_number":"0001866581-24-000011","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2024-01-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Dutch Bros CEO Joth Ricci resigns Dec 31, 2023; Christine Barone becomes CEO Jan 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Joth Ricci resigned as CEO and board member effective Dec 31, 2023; no disagreement with company.","Christine Barone appointed CEO effective Jan 1, 2024, in addition to her role as President.","Barone's compensation: $750k base salary, 100% target annual bonus, annual RSU award of $1.8M.","Barone previously served as President since Feb 2023; prior CEO at True Food Kitchen.","Barone appointed to Board to fill vacancy created by Ricci's resignation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":267931,"accession_number":"0001866581-23-000128","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q3 revenue +33% to $265M; raises FY adj. EBITDA guidance to $150-155M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $264.5M (+33.2% YoY); net income $13.4M vs $1.6M; adj. EPS $0.14 vs $0.09.","System same shop sales +4.0%; company-operated shop contribution margin 31.0% (+540 bps).","Opened 39 new shops in Q3, total 794; reaffirms ≥150 new shops in 2023.","2023 guidance: revenue at lower end of $950M-$1B; adj. EBITDA raised to $150-155M (up $15M).","Board changes: Shelley Broader and Charles Esserman resigned; C. David Cone and Sean Sullivan appointed."],"consensus_eps_estimate":null,"consensus_eps_actual":0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":711653000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":285167,"accession_number":"0001628280-23-031898","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2023-09-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Dutch Bros prices 11.5M-share offering at $26/shr, gross proceeds ~$300M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offering of 11,538,461 shares of Class A common stock at $26.00 per share; underwriters have 30-day option for up to 1,730,769 additional shares.","Gross proceeds before underwriting discounts and expenses expected to be approximately $300 million; all shares sold by the company.","Joint book-running managers: BofA Securities, J.P. Morgan, Jefferies; closing expected on or about September 12, 2023.","Directors and executive officers subject to 60-day lock-up on selling shares without underwriter consent.","Offering made under automatic shelf registration statement filed September 6, 2023; use of proceeds not specified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":285166,"accession_number":"0001866581-23-000108","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2023-08-08T23:59:59+00:00","items":["1.01","2.02","5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q2 revenue up 34% to $250M; raises FY EBITDA guidance; CEO succession","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $249.9M (+34% YoY); net income $9.7M vs $(1.8M) loss; adj. EBITDA $48.6M (+103%).","System same-shop sales +3.8%; company-operated +1.6%; opened 38 new shops in Q2.","Raised FY 2023 adj. EBITDA guidance to $135-140M (from ≥$125M); rev. at lower end of $950M-$1B.","Christine Barone to become CEO on Jan 1, 2024; current CEO Joth Ricci to step down after transitional period.","Amended credit facility increased from $500M to $650M; maturity extended to Feb 2027."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":447146000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":305019,"accession_number":"0001866581-23-000099","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2023-06-23T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Dutch Bros clarifies Texas shop AUV range; reports systemwide 2022-23 shop AUV of $1.7M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Systemwide AUV for shops opened in 2022-23 is ~$1.7 million as of March 31, 2023.","Corrected prior disclosure at William Blair conference regarding Texas shop AUV range.","Company states it does not typically provide state-by-state AUV and does not intend to do so in future."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":305018,"accession_number":"0001866581-23-000097","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2023-05-19T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Dutch Bros annual meeting elects all directors, ratifies auditor, adopts 1-year say-on-pay frequency","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 8 directors elected with 96.8%-97.6% support; Blythe Jack and Charles Esserman elected by Class C with 100%.","KPMG LLP ratified as auditor for FY2023 with 838,017,336 votes for (100.0%).","Advisory vote on say-on-pay frequency: 97.6% favored 1 year; Board adopted 1-year frequency starting 2024.","Total voting power present: 838,361,107 votes (98.3% of eligible)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":305017,"accession_number":"0001866581-23-000074","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2023-05-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q1 revenue up 30% to $197.3M, net loss narrows; record 45 shop openings","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue grew 29.6% to $197.3M; net loss improved to $9.4M from $16.3M YoY.","Opened 45 new systemwide shops (42 company-operated); reaffirms at least 150 total in 2023.","Company-operated shop contribution margin rose 590bps to 24.2%.","Adjusted EBITDA surged 147.2% to $23.9M; adjusted net loss nearly breakeven.","FY2023 guidance reiterated: revenue $950M-$1B, adjusted EBITDA ~$125M, capex $225M-$250M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":197267000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324491,"accession_number":"0001866581-23-000032","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2023-02-22T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q4 revenue $201.8M (+44%), net loss $(2.8)M; FY revenue $739M; 2023 guidance issued","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2022 total revenues $201.8M (+44.1% YoY); net loss $(2.8)M vs $(8.2)M loss in Q4 2021.","FY2022 total revenues $739.0M (+48.4% YoY); net loss $(19.3)M vs $(117.9)M loss in 2021.","Opened 133 new systemwide shops in 2022; targets at least 150 new shops in 2023.","2023 guidance: revenue $950M-$1B, adjusted EBITDA ~$125M, same shop sales low single digits, no menu price increases.","Christine Barone appointed President effective Feb 6, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":739012000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324489,"accession_number":"0001866581-23-000016","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K/A","filed_at":"2023-01-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros amends 2023 outlook: at least 130 company-operated shops; Q4 same-shop sales down 2.1%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q4 system same-shop sales declined (0.6%); company-operated down (2.1%).","Full year 2022 system shop openings of 133, exceeding targets; total shops 671 across 14 states.","Corrected 2023 outlook: at least 150 total shops, at least 130 company-operated (previously 110).","2023 revenue guidance $950M-$1B; long-term targets of ~20% annual revenue growth.","Participating in ICR and Jefferies conferences with fireside chats on Jan 10 and Jan 23."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":739012000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324490,"accession_number":"0001866581-23-000013","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2023-01-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros reports 133 new shops in 2022; guides FY2023 revenue $950M-$1B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Opened 133 systemwide shops in 2022 (120 company-operated); total shops 671 as of Dec 31, 2022.","Q4 system same-shop sales declined 0.6% (company-operated -2.1%) due to fortressing; 3-year stacked +15.2%.","FY2023 outlook: at least 150 new shops, revenue $950M-$1B, low single-digit same-shop sales growth.","Long-term targets: mid-teens annual shop growth, ~20% revenue growth, adj. EBITDA growing faster than revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":739012000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":342366,"accession_number":"0001866581-22-000132","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2022-11-28T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros names Christine Barone as President; start date Feb 6, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christine Barone, former CEO of True Food Kitchen and ex-Starbucks exec, becomes President.","Barone will report to CEO Joth Ricci; she starts Q1 2023 effective Feb 6.","Compensation: $625,000 base salary, $900,000 signing bonus, 100% base cash bonus target.","Also receives $2,000/month housing allowance, cell/internet stipend, and severance benefits.","Company reiterates long-term goal of 4,000 shops within 10-15 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":342365,"accession_number":"0001866581-22-000126","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros reports Q3 2022 results: revenue $198.6M, opens 38 shops, raises FY revenue guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue increased 53% year-over-year to $198.6 million, beating expectations.","Opened a record 38 new shops in Q3, with 34 company-operated across 11 states.","Raised full-year 2022 total revenue guidance to at least $725 million.","John Graham will step down as Chief Marketing Officer effective January 4, 2023, role to be eliminated.","Company-operated shop gross margin improved to 20.0% in Q3, up 60 bps sequentially."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":537185000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359092,"accession_number":"0001866581-22-000103","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2022-08-25T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros appoints NIKE EVP & Chief Legal Officer Ann Miller to board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ann Miller appointed to board effective August 22, 2022, filling a vacancy.","She will serve on the Audit and Risk Committee.","Miller is EVP and Chief Legal Officer at NIKE (NYSE: NKE).","Board size increases to nine members with her appointment.","She receives standard director compensation per company policy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359091,"accession_number":"0001866581-22-000089","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2022-08-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q2 net loss $1.8M vs $11.9M profit year ago; revenue up 44% to $186.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["System same-shop sales declined 3.3% vs 2021, but improved sequentially to (0.9)% in July.","Company-operated shop margin improved 630 bps QoQ to 24.6% on price increases and productivity.","Full-year revenue guidance raised to at least $715M; at least 130 shop openings reaffirmed.","Adjusted EBITDA fell to $23.9M from $30.7M, reflecting inflationary cost pressures.","Opened 31 new shops in Q2; Q2 new shops annualized AUV of $2.1M exceeded expectations."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":338537000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":377904,"accession_number":"0001866581-22-000071","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2022-06-03T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Dutch Bros shareholders elect all director nominees; ratify KPMG as auditor for FY2022","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees (Boersma, Broader, Davis, George, Gillett, Ricci) elected with over 97% of votes cast.","Class C common stockholders elected Esserman and Jack with 100% of votes.","KPMG ratified as independent auditor for fiscal 2022 with 99.9% of votes.","Approximately 98.8% of total voting power was represented at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":377903,"accession_number":"0001866581-22-000050","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2022-05-11T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q1 revenue up 54% to $152.2M, net loss widens to $16.3M; raises 2022 shop target to 130+","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $152.2M (+54% YoY); company-operated shop revenue $130.2M (+67.1%).","Net loss $(16.3)M vs $(4.8)M loss in Q1 2021; adjusted EBITDA $9.7M vs $18.7M.","System same-shop sales +6.0%; company-operated +5.1%. Opened 34 new shops in Q1 (all company-operated).","FY 2022 outlook: at least 130 new shops (up from previous target); adjusted EBITDA guidance more conservative due to inflation."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":152156000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396226,"accession_number":"0001866581-22-000010","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2022-03-01T23:59:59+00:00","items":["1.01","2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q4 revenue rises 55.8% to $140.1M; guides to 125+ shop openings in 2022","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2021 revenue $140.1M (+55.8% YoY); net loss $(9.8)M vs $(6.2)M loss a year ago.","Full year 2021 revenue $497.9M (+52.1%); net loss $(121.1)M driven by $157.7M non-cash equity-based compensation.","System same shop sales grew 10.1% in Q4 and 8.4% in full year 2021.","Opened 98 new shops in 2021; expects at least 125 openings in 2022 including entry into Nashville.","Entered into $500M credit facility, replacing $350M prior facility; drew $100M term loan and $30M revolver."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":497876000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396225,"accession_number":"0001866581-22-000005","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2022-01-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros beats 2021 shop development guidance, raises 2022 outlook to 125 shops; Q4 same shop sales up 10.1%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Opened 98 shops in 2021 (vs guidance of 92); 2022 target raised to 125 from prior 112.","Q4 system same shop sales +10.1% YoY, company-operated +11.5%; full year +8.4% system, +9.0% company-operated.","Q4 revenue expected to exceed prior guidance upper end; mature shop margins in line with expectations.","Dutch Rewards grew to 3.2M registered members as of Dec 31, adding 500K in Q4.","System total 538 shops (271 company-operated, 267 franchised); no significant staffing outages in Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":415261,"accession_number":"0001866581-21-000017","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2021-12-15T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros appoints Stephen Gillett to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointed to Board and Audit & Risk Committee effective December 11, 2021.","Gillett is COO at Verily (Alphabet), former EVP at Symantec and Best Buy, and ex-CIO at Starbucks.","Independent director under NYSE listing rules; compensated per non-employee director policy.","Brings tech and digital transformation expertise as company expands beyond 500 shops."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":415260,"accession_number":"0001866581-21-000015","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2021-12-01T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Dutch Bros enters new employment agreements with CEO and CFO, outlining base salaries and bonuses","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Jonathan Ricci gets $550K base salary + $500K cash bonus for 2021.","CFO Charles Jemley gets $472.5K base salary + $225K cash bonus for 2021.","CEO eligible for up to 25 hours personal use of company plane.","Both executives eligible for severance under Amended and Restated Severance and Change in Control Plan.","Agreements effective November 1, 2021, superseding prior arrangements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":415258,"accession_number":"0001866581-21-000010","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K/A","filed_at":"2021-11-17T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q3 revenues up 49.8% to $129.8M; net loss $117.1M on IPO comp charge","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Company-operated shops revenue rose 62.9% to $108.7M; system same-shop sales grew 7.3%.","Net loss of $117.1M ($0.15 diluted loss) includes $124.8M non-cash equity-based compensation from IPO.","Adjusted net income was $11.0M ($0.07 per diluted share), down from $16.2M in prior-year quarter.","Adjusted EBITDA declined 2.6% to $20.6M due to abnormally low discounts during COVID in prior year.","Surpassed 500 shops; reiterated long-term potential of at least 4,000 shops nationwide."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":357796000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":415259,"accession_number":"0001866581-21-000004","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2021-11-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dutch Bros Q3 revenue up 49.8% to $129.8M; net loss $117.1M on IPO comp, adj. net income $11.0M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $129.8M (+49.8% YoY); company-operated shop revenue $108.7M (+62.9%).","System same shop sales +7.3% (two-year +10.7%); company-operated same shop sales +4.7%.","Net loss $(117.1)M ($0.15 diluted) includes $124.8M non-cash IPO comp; adjusted net income $11.0M ($0.23).","Opened 33 new shops (30 company-operated); surpassed 500 shops; reiterated potential for 4,000+ stores.","Adjusted EBITDA $20.6M (-2.6% YoY); company-operated shop contribution ex items +23.8% to $27.1M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":357796000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":433115,"accession_number":"0001628280-21-018861","cik":1866581,"company_name":"Dutch Bros Inc.","ticker":"BROS","form_type":"8-K","filed_at":"2021-09-17T23:59:59+00:00","items":["1.01","3.02","5.03","5.02","9.01"],"status":"ready","headline":"Dutch Bros closes IPO; issues 71M+ shares of multiple classes; adopts new charter and equity plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 43,477 Class A, 71,408,045 Class B, 71,122,983 Class C, and 17,036,337 Class D shares in connection with IPO and Reorganization.","Entered into Third Amended LLC Agreement, Tax Receivable Agreements, Registration Rights, and Stockholders Agreements.","Adopted 2021 Equity Incentive Plan for employees, officers, directors, and consultants.","Amended and Restated Certificate of Incorporation and Bylaws effective upon IPO closing.","IPO proceeds used to purchase Class A Common Units from Company and certain existing members."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":9252600541.992487,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2021-09-17T23:59:59+00:00|433115"}