Dutch Bros: Fourth Quarter Earnings Overview

Dutch Bros Inc. Surpasses Earnings Expectations in Fourth Quarter

In Tempe, Arizona, Dutch Bros Inc. announced a net income of $21.4 million for the fourth quarter.

The company, headquartered in Tempe, reported earnings of $0.17 per share for the period.

These results exceeded analysts’ projections, as a consensus of seven analysts polled by Zacks Investment Research had anticipated earnings of $0.10 per share.

The drive-thru coffee chain and franchising company also reported quarterly revenue of $443.6 million, outperforming the $426.8 million estimate from Zacks’ analysts.

For the full year, Dutch Bros recorded a profit of $79.8 million, or $0.64 per share, with annual revenue reaching $1.64 billion.

Looking ahead, the company forecasts its revenue for the upcoming year to fall between $2 billion and $2.03 billion.

Since the start of the year, Dutch Bros’ stock has declined by 17%. As of the close of trading on Thursday, shares were priced at $50.82, reflecting a 21% decrease over the past year.