earnings
confidence high
sentiment negative
materiality 0.85
Dutch Bros Q1 revenue up 54% to $152.2M, net loss widens to $16.3M; raises 2022 shop target to 130+
Dutch Bros Inc.
2022-Q1 EPS reported
-$0.10
revenue$152,156,000
- 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.