Dutch Bros 3Q 2026: Revenue $549.84M, EPS $0.2 — 10-Q Summary

Dutch Bros reported 4.4% Q3 same-store sales growth, but below expectations. Revenue rose 30% to $550M. CEO Christine Barone dismissed concerns about competition, citing stable performance near rival 7 Brew. The company plans to open 185 stores in 2023 and 250 in 2027, focusing on existing markets. Loyalty programs and menu innovations aim to drive growth, with full-year revenue expected to reach at least $2.1B.

Dutch Bros shares dropped 22% after Q3 results and a cautious 2026 outlook. Revenue beat estimates, but the company projected $2.1B revenue, 5% same-shop sales growth, and $380M adjusted EBITDA. Higher beverage costs and potential sales overlap from new store openings were noted.

Dutch Bros (BROS) shares dropped 22% after Q3 earnings met expectations, but management warned of consumer volatility, higher costs, and a moderated profit outlook. The company projects $2.1B revenue and 5% same-shop sales growth for 2027, with 250 new shop openings.

Dutch Bros Inc (BROS) reported Q3 EPS of $0.25 and revenue of $549.84M, both beating estimates. Despite this, the stock fell 22% due to guidance and traffic concerns. Customer visits rose for the ninth straight quarter, but same-shop sales growth slowed. Analysts cut price targets, citing margin pressures and competition. The company's guidance for revenue and EBITDA fell short of consensus expectations. Insider selling also contributed to the stock's decline.

Dutch Bros (BROS) stock fell 20% after Q3 earnings beat estimates slightly, with revenue up 30% YoY and EPS up 43%. Management's full-year sales guidance was below analysts' expectations, causing investor concern. The company plans to open 250 new stores in 2027.

Dutch Bros (BROS) reported Q3 2026 revenues up 30%, with adjusted EBITDA also rising 30%. Same-shop sales increased 4.4% system-wide and 5.4% for company-operated shops. The company opened 48 new locations, bringing the total to 1,273, and expects to reach 2,029 shops by 2029. Dutch Bros highlighted strong brand performance, customer loyalty, and growth initiatives, including menu innovations and expanded food offerings. The company was named one of America's hottest brands for 2026 by Ad Age.