secwatch.observer — SEC 8-K summary
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Issuer:     Dutch Bros Inc. (BROS)
CIK:        0001866581
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001866581-21-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dutch Bros Q3 revenue up 49.8% to $129.8M; net loss $117.1M on IPO comp, adj. net income $11.0M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866581/000186658121000004/0001866581-21-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866581/000186658121000004/bros-20211110.htm
  HTML page:      https://secwatch.observer/filing/0001866581-21-000004

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