Dutch Bros

BROS

Market cap $8.08B

Dutch Bros Inc. BROS is accelerating its store expansion efforts, a move that could further strengthen the long-term growth outlook. The company opened 41 system shops in the first quarter of 2026, ahead of schedule, reflecting progress in site selection, market planning and development execution.

TEMPE, Ariz.--(BUSINESS WIRE)--Dutch Bros Inc. (“Dutch Bros” or the “Company”) (NYSE: BROS), one of the fastest-growing brands in the U.S. quick service beverage industry, today announced that the Company will participate in William Blair's 46th Annual Growth Stock Conference in Chicago. The Company will host a fireside chat on Tuesday, June 2, 2026, beginning at 2:00 PM CT and will be meeting with institutional investors throughout the day. The webcasts for the fireside discussion will be avai.

Dutch Bros (BROS) remains a Buy after another strong quarter, with robust revenue growth and improved 2026 guidance. BROS delivered 30.7% YoY revenue growth, 8.3% same-shop sales increase, and raised 2026 targets across revenue, EBITDA, and shop openings. The company's asset-light model and strong balance sheet support aggressive expansion despite macro risks and competitive pressures.

Dutch Bros has delivered impressive growth since its 2021 IPO but remains underappreciated compared to the S&P 500's performance. BROS experienced significant volatility post-IPO, with early excitement followed by periods of investor caution. The company prioritized aggressive expansion, opening 133 new shops in 2022 and growing revenue to $739 million, despite reporting a net loss.

Starbucks is demonstrating impressive progress in its turnaround plans, and it pays a dividend with an attractive yield. Dutch Bros is growing at a fast pace and has large expansion opportunities.

Dutch Bros has a huge expansion opportunity still in front of it. The company is seeing great same-store momentum, despite a tough consumer environment.

Dutch Bros turned in another strong quarter as same-store sales surged. The company trades at a similar sales multiple to rival Starbucks, despite a much longer growth runway.

Dutch Bros is a great expansion story whose individual stores are more profitable than Starbucks' North American locations. E.l.f. Beauty has a huge distribution opportunity in front of it.

This growth stock is capturing an opening in the market.

BROS is set to buy 29 Phoenix East Valley shops from a retiring franchisee, boosting Arizona control as it targets 2,029 stores by 2029.