secwatch / observer
8-K filed November 7, 2023, 6:59 PM ET ticker BROS CIK 0001866581
earnings confidence high sentiment positive materiality 0.75

Dutch Bros Q3 revenue +33% to $265M; raises FY adj. EBITDA guidance to $150-155M

Dutch Bros Inc.

2023-Q3 EPS reported $0.05 revenue$711,653,000

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Charles Esserman

Director
BROS · Dutch Bros Inc.
Effective
2023-11-03
Successor
Sean Sullivan
Filed
November 7, 2023, 6:59 PM ET
On November 3, 2023, Charles Esserman resigned from the Board.
Appointed

C. David Cone

Director
BROS · Dutch Bros Inc.
Effective
2023-11-03
Filed
November 7, 2023, 6:59 PM ET
On November 3, 2023, the Board appointed C. David Cone to fill the vacancy created by Ms. Broader’s departure and to serve as a member of the Board until the Company’s 2024 annual meeting of stockholders and until his successor has been duly elected and qualified, or until his earlier death, resignation, or removal.
Appointed

Sean Sullivan

Director
BROS · Dutch Bros Inc.
Effective
2023-11-03
Filed
November 7, 2023, 6:59 PM ET
On November 3, 2023, the TSG Investors designated Sean Sullivan to fill the vacancy on the Board created by Mr. Esserman’s resignation and to serve as a Class C Director until the Company’s 2024 annual meeting of stockholders and until his successor has been duly elected and qualified, or until his earlier death, resignation, or removal.
Departed

Shelley Broader

Director
BROS · Dutch Bros Inc.
Effective
2023-11-02
Successor
C. David Cone
Filed
November 7, 2023, 6:59 PM ET
On November 2, 2023, Shelley Broader resigned from the Board of Directors (the “Board”) of Dutch Bros Inc. (the “Company”).

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Dutch Bros Inc. reported the third quarter ended September 30, 2023 results: revenue $264.5 million, net income $13.4 million, EPS $0.07.

Period
the third quarter ended September 30, 2023
Revenue
$264.5 million
Net income
$13.4 million
EPS
$0.07
Result
reported results
Exact text from the filing
EX-99.1 (EX-99.1) --- Dutch Bros Inc. Reports Third Quarter 2023 Financial Results and Announces Two New Directors Opened 39 New Systemwide Shops in Q3 2023 Record Revenue of $265 million, a 33% Increase Year-over-Year Updates 2023 Guidance, Increases Range for Adjusted EBITDA GRANTS PASS, Ore. - November 7, 2023 - Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Charles Esserman resigned as Director at Dutch Bros Inc..

Action
resigned
Role
Director
Exact text from the filing
On November 3, 2023, Charles Esserman resigned from the Board.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

C. David Cone was appointed as Director at Dutch Bros Inc..

Action
appointed
Role
Director
Exact text from the filing
On November 3, 2023, the Board appointed C. David Cone to fill the vacancy created by Ms. Broader’s departure and to serve as a member of the Board until the Company’s 2024 annual meeting of stockholders and until his successor has been duly elected and qualified, or until his earlier death, resignation, or removal.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Sean Sullivan was appointed as Director at Dutch Bros Inc..

Action
designated
Role
Director
Exact text from the filing
On November 3, 2023, the TSG Investors designated Sean Sullivan to fill the vacancy on the Board created by Mr. Esserman’s resignation and to serve as a Class C Director until the Company’s 2024 annual meeting of stockholders and until his successor has been duly elected and qualified, or until his earlier death, resignation, or removal.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Shelley Broader resigned as Director at Dutch Bros Inc..

Action
resigned
Role
Director
Exact text from the filing
On November 2, 2023, Shelley Broader resigned from the Board of Directors (the “Board”) of Dutch Bros Inc. (the “Company”).
View on SEC.gov

41 earnings releases filed in the last 30 days. Browse all earnings releases →

Dutch Bros Inc. filing history →

Source: SEC EDGAR
accession 0001866581-23-000128
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.