Dutch Bros Q3 2026 earnings beat but full‑year revenue guidance cut to $2.1 B
Dutch Bros reported third‑quarter 2026 earnings of $0.25 per share and revenue of $549.84 million, both slightly above analyst estimates. The company lowered its full‑year 2026 revenue outlook to at least $2.1 billion, missing the Wall Street consensus of $2.13 billion. The guidance miss triggered an after‑hours sell‑off, with the stock falling around 18‑19%. CEO Christine Barone noted continued same‑shop sales growth and announced plans for about 250 new shops in 2027.
Why it matters
The reduced revenue outlook, below consensus, drove a sharp post‑earnings price decline, lowering the market value of BROS shares. Investors will reassess valuation models that relied on higher full‑year revenue expectations.
Key facts
- 1Q3 2026 earnings per share were $0.25, beating the $0.24 estimate. investing.com
- 2Q3 2026 revenue was $549.84 million, slightly above the $548.6 million consensus. investing.com
- 3Full‑year 2026 revenue guidance was set to $2.1 billion. investing.com
- 4Wall Street consensus for full‑year 2026 revenue was $2.13 billion. investing.com
- 5Same‑shop sales growth slowed to 5.4% year‑over‑year. investing.com
- 6The company plans to open about 250 new shops in 2027. investing.com
Open questions
- After‑hours stock decline reported as 17.5% (2), 18.2% (3), 19% (4), and 19.3% (6) – conflicting percentages for the same event.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.