earnings
confidence high
sentiment positive
materiality 0.75
Dutch Bros Q4 revenue rises 55.8% to $140.1M; guides to 125+ shop openings in 2022
Dutch Bros Inc.
2021-FY EPS reported
-$0.28
revenue$497,876,000
- 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.