Dutch Bros Reports Strong Q3 2026 Growth with 30% Revenue Increase
Dutch Bros (BROS) delivered robust third-quarter results, reporting total revenue of $549.8 million, a 30% increase year-over-year. This growth was fueled by strong same-shop sales momentum and the successful opening of 48 new locations, bringing the total shop count to 1,273. The company's adjusted EPS rose to $0.25 from $0.19 in the prior year period, supported by an Adjusted EBITDA of $101.1 million. Operational highlights include a 4.4% increase in system same-shop sales and high digital engagement, with Dutch Rewards accounting for 74% of customer visits. While the company is scaling rapidly toward its 2027 expansion targets, management noted headwinds including elevated coffee prices and rising occupancy costs due to build-to-suit leases. Despite consumer volatility, Dutch Bros updated its full-year revenue guidance to at least $2.1 billion.
Tickers: $BROS
Topics: EBITDA EPS expansion strategy revenue growth same-shop sales
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