Dutch Bros Third-Quarter Revenue Climbs 29.8% to $549.8 Million: 48 New Shops Opened, About 250 Planned for 2027
Tempe — Dutch Bros Inc., the Tempe, Arizona-based drive-through coffee chain, on November 4 reported third-quarter 2026 results: total revenues grew 29.8% to $549.8 million, from $423.6 million a year earlier; net income was $37.2 million, versus $27.3 million; diluted earnings per share were $0.20 and adjusted earnings per share were $0.25; and adjusted EBITDA rose 29.6% to $101.1 million.
Company-operated same-shop sales increased 5.4%, including a 1.0% increase in customer visits, while systemwide same-shop sales rose 4.4%, the company's 14th consecutive quarter of positive same-shop sales growth. Dutch Bros opened 48 new shops in the quarter, 42 of them company-operated, bringing the system total to 1,273 shops; it also completed the reacquisition of 32 franchise locations in Phoenix's East Valley on July 27.
For 2026, the company projects total revenues of at least $2.1 billion, same-shop sales growth of at least 5%, adjusted EBITDA of approximately $380 million and capital expenditures of $370 million to $390 million. Dutch Bros also announced an accelerated 2027 system shop opening goal of about 250 shops. (Source: Dutch Bros)
Source: Dutch Bros
Published by GSM · USA (original Chinese edition)
Photo: 图：Dutch Bros 位于俄勒冈州 Eugene 的一家门店。Rick Obst 摄，CC BY 4.0，经 Wikimedia Commons。 / Photo: A Dutch Bros shop in Eugene, Oregon. By Rick Obst, CC BY 4.0, via Wikimedia Commons.
