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

Issuer:     Dutch Bros Inc. (BROS)
CIK:        0001866581
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001866581-25-000185
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dutch Bros Q2 revenue up 28% to $415.8M, raises full-year guidance
------------------------------------------------------------------

- Total revenue $415.8M (+28% YoY); system same shop sales +6.1%, company-operated +7.8%.
- Net income $38.4M ($0.20 diluted EPS) vs $22.2M a year ago; adjusted EBITDA $89.0M (+36.6%).
- Adjusted diluted EPS $0.26 vs $0.19; company-operated transaction growth of 5.9% drove same-shop gains.
- Opened 31 new shops in Q2 (30 company-operated); full-year target of at least 160 openings unchanged.
- Raised 2025 guidance: revenue $1.59-$1.60B, same shop sales ~4.5%, adjusted EBITDA $285-$290M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866581/000186658125000185/0001866581-25-000185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866581/000186658125000185/bros-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001866581-25-000185

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