Dutch Bros was founded in 1992 and has grown to over 1,000 locations across the U.S. It listed on the New York Stock Exchange in September 2021 and trades under the tickerBROS. This page collects the reference facts an investor tends to look up first: how the stock is listed, whether it pays a dividend, what it has reported, and who to contact.
Company and stock snapshot
The facts that do not change quarter to quarter:
| Item | Detail |
|---|---|
| Ticker | BROS |
| Exchange | New York Stock Exchange (NYSE) |
| IPO date | September 15, 2021 |
| IPO price | $23.00 per share (Class A common stock) |
| Founded | 1992 |
| Headquarters | 110 SW 4th Street, Grants Pass, Oregon 97526 |
| Fiscal year end | December 31 |
| Dividend | None — earnings are retained to fund growth |
| Auditor | KPMG |
| Transfer agent | American Stock Transfer & Trust Company LLC |
| Direct stock purchase plan | Not offered — buy through a registered broker |
The dividend line is the one that surprises people. Dutch Bros has never paid one — the company reinvests earnings into opening shops, and has said it does not expect to pay a dividend in the foreseeable future. If that changes, it will be a board decision.
Stock performance
The most recent quote reported on this page is the close of theNovember 13, 2024 session. Source data was last updated at 4:00 PM and may be delayed by up to 20 minutes.
| November 13, 2024 close | Value |
|---|---|
| Price | $47.45 |
| Change | −$1.33 (−2.73%) |
| Today's open | $49.01 |
| Previous close | $48.78 |
| Intraday high | $49.36 |
| Intraday low | $47.41 |
| 52-week high | $50.24 |
| 52-week low | $25.46 |
| Volume | 2,566,256 shares |
The 52-week range in that snapshot — $25.46 to $50.24 — is the number worth noticing. A stock that nearly doubled off its low inside a year is a volatile one, and that is consistent with a growth-stage restaurant business whose valuation tracks its shop-opening pace rather than current earnings.
For a live chart, current price and analyst coverage, use theofficial investor relations siteor any major brokerage platform. We do not attempt to keep a live quote here.
Quarterly financial results
The results Dutch Bros reported through 2024, as published at the time. Revenue grew every quarter on a year-over-year basis, and the company raised guidance in three of the four.
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2024 | $338 million | +28% |
| Q2 2024 | $325 million | +30% |
| Q1 2024 | $275 million | +39% |
| Q4 2023 | $254 million | +26% |
What the company called out alongside each of those numbers:
- Q3 2024 — $338 million, +28% year over year
- Completed the mobile order capability rollout.
- Raised revenue and adjusted EBITDA guidance.
- Q2 2024 — $325 million, +30% year over year
- Opened 36 new shops, passing the 900-shop milestone.
- Raised revenue and adjusted EBITDA guidance.
- Q1 2024 — $275 million, +39% year over year
- Delivered 10.0% same-shop sales growth.
- Tied its record for new shop openings.
- Raised 2024 guidance.
- Q4 2023 — $254 million, +26% year over year
- Released 2024 guidance.
- Announced a project to establish the organizational structure of the future.
Read those together and the shape of the business is clear: revenue growth in the high twenties to high thirties, driven by opening shops rather than by squeezing existing ones — though Q1 2024's 10.0% same-shop sales growth shows both were working at once.
Investor events
Dutch Bros holds a conference call and webcast after each quarter and appears at industry conferences through the year. The 2024 calendar, all of which has now passed:
| Date | Time | Event |
|---|---|---|
| 11/06/2024 | Dutch Bros, Inc. Third Quarter 2024 Conference Call and Webcast | |
| 08/07/2024 | Dutch Bros, Inc. Second Quarter 2024 Conference Call and Webcast | |
| 06/06/2024 | William Blair's 44th Annual Growth Stock Conference | |
| 06/05/2024 | Baird's 2024 Global Consumer, Technology & Services Conference | |
| 06/04/2024 | TD Cowen's 8th Annual Future of the Consumer Conference | |
| 05/07/2024 | Dutch Bros, Inc. First Quarter 2024 Conference Call and Webcast | |
| 03/14/2024 | J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management 2024 Access Forum | |
| 02/21/2024 | Dutch Bros, Inc. Fourth Quarter 2023 Conference Call and Webcast | |
| 01/08/2024 | ICR Conference 2024 |
For the next scheduled earnings release and any upcoming appearances, check the Events & Presentations page on the official investor relations site — that calendar is the authoritative one.
Investor contacts and resources
For investor enquiries, Dutch Bros lists the following:
- Investor enquiries:investors@dutchbros.com
- Investor contact: Raphael Gross (ICR) —investors@dutchbros.com, (203) 682-8253
- Media contact: Jessica Liddell (ICR) —Jessica.Liddell@icrinc.com, (203) 682-8208
- Transfer agent: American Stock Transfer & Trust Company LLC, 6201 15th Avenue, Brooklyn, NY 11219 — (800) 937-5449
News releases, SEC filings, governance details, email alerts and stock information all live oninvestors.dutchbros.com. SEC filings are also available directly from the SEC atsec.gov.
Answers