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

Issuer:     Dutch Bros Inc. (BROS)
CIK:        0001866581
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001866581-26-000077
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dutch Bros Q1 revenue up 31% to $464M; raises full-year guidance across all metrics
--------------------------------------------------------------------------------

- Net income $23.7M vs $22.5M YoY; Adjusted EBITDA $79.4M, +26.2%.
- System same shop sales +8.3%, transactions +5.1%; company-operated same shop sales +10.6%.
- Opened 41 new shops (33 company-operated) in Q1.
- FY 2026 guidance raised: revenue $2.05-2.08B, same shop sales +4-6%, Adj. EBITDA $370-380M, at least 185 openings.
- Seventh consecutive quarter of transaction growth; strength across dayparts and markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866581/000186658126000077/0001866581-26-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866581/000186658126000077/bros-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001866581-26-000077

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