secwatch.observer — SEC 8-K summary
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Issuer:     Dutch Bros Inc. (BROS)
CIK:        0001866581
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001866581-25-000226
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 Q3 revenue +25% to $423.6M; raises FY revenue and SSS guidance
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- Q3 revenue $423.6M (+25.2% YoY); net income $27.3M vs $21.7M; diluted EPS $0.14.
- Company-operated same-shop sales +7.4% (transactions +6.8%); systemwide SSS +5.7%.
- Adjusted EBITDA $78.0M (+22.3%); adjusted net income $0.19 per diluted fully exchanged share.
- FY 2025 revenue guidance raised to ~$1.61-1.615B; same-shop sales guidance raised to ~5%.
- Opened 38 new shops in Q3; 2026 target ~175 shop openings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866581/000186658125000226/0001866581-25-000226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866581/000186658125000226/bros-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001866581-25-000226

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