Dutch Bros to acquire Phoenix East Valley franchise

The company states: “Dutch Bros (BROS) announced it has entered into an agreement to acquire the Phoenix East Valley franchise. After nearly 20 years with Dutch Bros, franchise owner Jim Thompson has decided to retire. As part of this transition, the Company expects to complete the acquisition of 29 shops in the third quarter of 2026, further expanding its company-operated shop footprint in a key growth market. The Company’s 2026 guidance announced May 6, 2026 does not reflect this pending acquisition, which is subject to customary closing conditions.”