Dutch Bros Reports Strong Q4 and Annual Growth

By Patricia Miller

Feb 13, 2025

2 min read

Dutch Bros shows remarkable growth in Q4 and 2024, highlighting increased revenue and expansion plans that present opportunities for retail investors.

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#What You Need To Know

In its fourth quarter and full-year 2024 results, Dutch Bros Inc (NYSE: BROS) showcased significant growth and profitability. The company experienced a revenue increase of 34.9% year-over-year, reaching $342.8 million in Q4, with same-store sales up 6.9% system-wide. Notably, the company opened 32 new locations during this quarter, bolstering its operational footprint. Full-year revenue grew 32.6% to $1.28 billion, supported by a 35.9% rise in revenue from company-operated shops.

The company reported an adjusted EBITDA increase of 41.2% for Q4, reaching $48.8 million, while net income reversed from a loss last year to $6.4 million. Full-year net income also saw significant growth, climbing to $66.5 million.

In terms of future performance, Dutch Bros expects revenue for 2025 between $1.555 billion and $1.575 billion, with plans to open at least 160 new locations. The company's focus on enhancing customer loyalty and operational improvements suggests a robust growth trajectory ahead.

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#Why This Is Important for Retail Investors

  1. Strong Revenue Growth: Dutch Bros posted 35% year-over-year revenue growth in Q4 and 32.6% growth for 2024, signaling rapid expansion and strong consumer demand.

  2. Profitability Improvement: The company shifted from a net loss to net income, showing operational efficiency and improving margins.

  3. Aggressive Expansion: Opened 151 new shops in 2024 and plans to open at least 160 more in 2025, supporting long-term growth.

  4. Loyalty & Digital Engagement: Dutch Rewards transactions made up 70.6% of total transactions in Q4, demonstrating strong customer retention and potential for digital sales growth.

  5. Positive 2025 Outlook: Revenue is projected between $1.555B–$1.575B, with same shop sales growth of 2%–4%, reinforcing steady long-term expansion.

#Relevant ETFs

Some investors prefer to invest in stocks via an exchange-traded fund for ease and reduced risk. Some relevant ETFs include the following:

  • SPDR S&P Retail ETF

  • Invesco Dynamic Retail ETF

  • VanEck Vectors Retail ETF

  • First Trust Nasdaq Retail ETF

  • ProShares Online Retail ETF

  • iShares U.S. Consumer Services ETF

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Important Notice And Disclaimer

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Patricia Miller does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above article.

Patricia Miller has not been paid to produce this piece by the company or companies mentioned above.

Digitonic Ltd, the owner of ValueTheMarkets.com, does not hold a position or positions in the stock(s) and/or financial instrument(s) mentioned in the above article.

Digitonic Ltd, the owner of ValueTheMarkets.com, has not been paid for the production of this piece by the company or companies mentioned above.