Dutch Bros Shares Surge 21% on Q2 Earnings Beat and Raised 2025 Outlook

Dutch Bros reported Q2 revenue of $415.8 million, a 28% increase from last year, surpassing analyst expectations. Same shop sales grew 6.1% and net income rose to $38.4 million. The company opened 31 new shops and raised its 2025 guidance for total revenues to $1.59-$1.60 billion, same shop sales growth to 4.5%, and adjusted EBITDA to $285-$290 million.

Title: Dutch Bros Reports Strong Q2 2025 Earnings, Raises 2025 Guidance

Dutch Bros Inc. (NYSE: BROS) reported robust second-quarter (Q2) 2025 earnings, with GAAP revenue rising 28.0% to $415.8 million, exceeding analyst expectations by $12.05 million [1]. The company also saw adjusted earnings per share (EPS) of $0.26, well above the non-GAAP EPS estimate of $0.18. This performance was driven by shop expansion and digital engagement.

Same shop sales growth reached 6.1%, driven by higher transaction counts and price increases. The company opened 31 new shops during the quarter, bringing the total shop count to 1,043 at quarter end [1]. Company-operated shop revenue climbed to $380.5 million, up 28.9% from the prior-year period.

Dutch Bros raised its full-year revenue outlook to $1.59 billion to $1.60 billion, same shop sales growth to about 4.5%, and adjusted EBITDA to $285 million to $290 million for 2025 [1]. The company's operating margin rose to 13.1% from 9.9% last year, reflecting its aggressive expansion and cost management strategies [2].

The stock price of Dutch Bros surged 15.7% following the earnings announcement, demonstrating investor confidence in the company's growth trajectory and financial performance [2]. Dutch Bros continues to focus on digital innovation, including mobile ordering and pilot food offerings, to drive growth and enhance customer experience.

Looking ahead, investors will closely watch the company's ability to sustain same shop sales growth, manage rising costs, and execute on its expansion plans. Dutch Bros is well-positioned to continue its strong performance, driven by its successful business model and strategic initiatives.

References
[1] https://www.nasdaq.com/articles/dutch-bros-bros-q2-revenue-jumps-28
[2] https://www.ainvest.com/news/dutch-bros-stock-soars-15-7-strong-q2-earnings-raised-revenue-outlook-2508/