earnings
confidence high
sentiment neutral
materiality 0.70
Dutch Bros Q3 revenue up 49.8% to $129.8M; net loss $117.1M on IPO comp, adj. net income $11.0M
Dutch Bros Inc.
2021-Q3 EPS reported
-$0.15
revenue$357,796,000
- 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.