Dutch Bros Inc
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
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Overview and Highlights
Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. Today, we believe that Dutch Bros is one of the fastest-growing brands in the quick service beverage industry in the United States by location count.
Key Highlights
Delivered approximately 33% total revenue growth year-over-year.
Opened 151 systemwide shops across multiple new operating areas, an increase of approximately 18% over 2023.
Launched and implemented mobile ordering in over 95% of systemwide shops.
Opened second roasting facility in Melissa, Texas, increasing the resiliency of our supply chain.
Welcomed new President of Operations, Chief Financial Officer, Chief People Officer, and Chief Technology and Information Officer.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.