secwatch.observer — SEC 8-K summary
======================================

Issuer:     Dutch Bros Inc. (BROS)
CIK:        0001866581
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001866581-23-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dutch Bros Q4 revenue $201.8M (+44%), net loss $(2.8)M; FY revenue $739M; 2023 guidance issued
--------------------------------------------------------------------------------

- Q4 2022 total revenues $201.8M (+44.1% YoY); net loss $(2.8)M vs $(8.2)M loss in Q4 2021.
- FY2022 total revenues $739.0M (+48.4% YoY); net loss $(19.3)M vs $(117.9)M loss in 2021.
- Opened 133 new systemwide shops in 2022; targets at least 150 new shops in 2023.
- 2023 guidance: revenue $950M-$1B, adjusted EBITDA ~$125M, same shop sales low single digits, no menu price increases.
- Christine Barone appointed President effective Feb 6, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866581/000186658123000032/0001866581-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866581/000186658123000032/bros-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001866581-23-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer