earnings
confidence high
sentiment positive
materiality 0.85
Dutch Bros Q4 revenue up 35% to $342.8M; net income $6.4M vs loss; guides 2025 rev $1.555-1.575B
Dutch Bros Inc.
2024-FY EPS reported
$0.34
revenue$1,281,015,000
- Q4 system same-shop sales +6.9%, company-operated +9.5%; transaction growth +2.3% (largest in 2+ years).
- Full-year net income $66.5M vs $10.0M in 2023; adjusted EBITDA $230.3M (+43.9%).
- 2025 guidance: rev $1.555-1.575B, same-shop sales +2-4%, at least 160 new shops, adj. EBITDA $265-275M.
- Q4 company-operated shop gross margin 21.4% (up 280 bps YoY); shop contribution margin 28.9% (up 240 bps).