Nov 6, 4:07 PM ET
Dutch Bros said Chief Legal Officer Victoria Tullett will retire in 2027 and move to a Strategic Advisor role effective January 1, 2027, ending her executive officer status. Kira Druyan, formerly Senior Vice President, Deputy General Counsel and Chief Ethics & Compliance Officer at Starbucks, will succeed her as Chief Legal Officer on or about January 1, 2027. The filing describes a planned executive transition and does not include financial results or guidance.
- Victoria Tullett notified the company on November 4, 2026, of her decision to retire in 2027.
- Tullett becomes Strategic Advisor effective January 1, 2027, and will no longer be an executive officer.
- Kira Druyan is appointed Incoming Chief Legal Officer, reporting to CEO Christine Barone, and will assume the role on or about January 1, 2027.
- Tullett is eligible for severance under the company's Amended and Restated Severance and Change in Control Plan, as described in the March 31, 2026 proxy statement.
Read the filing on SEC.gov ↗
Nov 4, 4:15 PM ET
Dutch Bros reported third quarter 2026 results on November 4, 2026, with total revenues up 29.8% to $549.8 million and net income of $37.2 million, compared with $27.3 million a year earlier. The company also updated its 2026 guidance, now projecting at least $2.1 billion in total revenues and approximately $380 million in Adjusted EBITDA, and set a 2027 system shop opening goal of approximately 250.
- Q3 2026 total revenues were $549.8 million, up from $423.6 million in Q3 2025.
- Diluted earnings per Class A share were $0.20, up from $0.14 in the prior-year quarter.
- Adjusted EBITDA was $101.1 million, up 29.6% from $78.0 million; company-operated same shop sales rose 5.4%.
- 2026 guidance: 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.
Read the filing on SEC.gov ↗
Aug 5, 4:07 PM ET
Dutch Bros reported second-quarter 2026 revenue of $550.9 million, up 32.5% from a year earlier, with net income of $51.6 million, up from $38.4 million. The company raised its full-year 2026 guidance for total revenues, same shop sales growth and Adjusted EBITDA, which excludes the Salad and Go transaction announced the same day. Shareholders also face a separate agreement to acquire real estate and site assets tied to up to 65 Salad and Go locations, with closing expected in the third quarter of 2026.
- Q2 2026 total revenues were $550.9 million, up from $415.8 million, and Adjusted EBITDA was $113.7 million, up 27.8% from $89.0 million.
- Net income was $51.6 million, compared with $38.4 million in the second quarter of 2025; diluted EPS was $0.28, compared with $0.20.
- 2026 guidance now calls for total revenues of about $2.1 billion to $2.13 billion, same shop sales growth of 5% to 6%, and Adjusted EBITDA of $385 million to $390 million.
- On August 4, 2026, Dutch Bros agreed to acquire real estate and site assets of up to 65 Salad and Go locations in Arizona, Nevada, Oklahoma and Texas; closing is expected in the third quarter of 2026.
Read the filing on SEC.gov ↗
May 6, 4:06 PM ET
Dutch Bros reported first-quarter 2026 results on May 6, 2026, with total revenues up 30.8% to $464.4 million and net income of $23.7 million, compared with $22.5 million a year earlier. The company raised its full-year 2026 guidance for total revenues, same shop sales growth, adjusted EBITDA and shop openings, while capital expenditure guidance was unchanged.
- Total revenues grew 30.8% to $464.4 million from $355.2 million in the first quarter of 2025.
- Net income was $23.7 million versus $22.5 million; diluted EPS was $0.13 in both periods.
- Adjusted EBITDA grew 26.2% to $79.4 million from $62.9 million.
- 2026 guidance now calls for total revenues of $2.05 billion to $2.08 billion, adjusted EBITDA of $370 million to $380 million, same shop sales growth of 4% to 6%, and at least 185 total shop openings.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.