Dutch Bros Inc. (BROS) Tops Q2 EPS by 7c; raises profit guidance

Dutch Bros Inc. (NYSE: BROS) reported Q2 EPS of $0.13, $0.07 better than the analyst estimate of $0.06. Revenue for the quarter came in at $249.9 million versus the consensus estimate of $253.4 million.

Total revenues are projected to be at the lower end of the previously communicated range of $950 million to $1 billion, which reflects current new shop AUV trends of approximately $1.7 million, partially offset by improved traffic trends and Q3 pricing actions.

Same shop sales growth is estimated to remain in the low single digits.

Adjusted EBITDA3 is now estimated to be between $135 million and $140 million, up from at least $125 million. This reflects stronger than expected year-to-date profitability trends, partially offset by revised revenue expectations and increased levels of investment in support of key priorities.

For earnings history and earnings-related data on Dutch Bros Inc. (BROS) click here.

You May Also Be Interested In

• Stitch Fix (SFIX) Tops Q4 EPS by 4c; Offers Guidance
• Interactive Strength reports record Q2 results, raises Q3 guidance
• Unity Bancorp CEO to retire in 2027, president to take over