secwatch.observer — SEC 8-K summary
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Issuer:     Dutch Bros Inc. (BROS)
CIK:        0001866581
Form:       8-K/A
Filed at:   2023-01-12T23:59:59+00:00
Accession:  0001866581-23-000016
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 amends 2023 outlook: at least 130 company-operated shops; Q4 same-shop sales down 2.1%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866581/000186658123000016/0001866581-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866581/000186658123000016/bros-20230109.htm
  HTML page:      https://secwatch.observer/filing/0001866581-23-000016

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