Dutch Bros Inc. Class A (BROS)
NYSE:BROS
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.29Last Year’s EPS
0.26Same Quarter Last Year
Strong Buy
Based on 20 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong operational and financial momentum: Q1 revenue and EBITDA grew 31% and 26% respectively, same-shop sales and transactions accelerated, AUVs hit record levels, the food rollout and conversions (Clutch) produced outsized performance, and the company raised full-year guidance. Offsetting factors include margin pressure from elevated coffee and higher occupancy costs due to a shift to build-to-suit leases, some one-time R&M/other cost items, and portions of the fleet that cannot accommodate food. Overall, management signaled confidence in growth trajectory while acknowledging cost headwinds that modestly constrain margin expansion.Company Guidance
Strong Revenue and Profit Growth
Total revenues of $464 million in Q1, up 31% year-over-year; adjusted EBITDA of $79 million, up 26% year-over-year; adjusted EPS $0.16 versus $0.14 in prior-year Q1.
Exceptional Same-Shop Sales and Transaction Momentum
System same-shop sales growth of 8.3% in Q1 (company-operated same-shop sales growth 10.6%); system transaction growth of 5.1% (company-operated transaction growth 6.9%); 7 consecutive quarters of transaction growth.
Record AUVs and New Shop Productivity
Average Unit Volumes (AUVs) reached a record $2.2 million; new shop productivity remains in line with system averages; opened 41 system shops in Q1.
Raised Full-Year Guidance
Company raised 2026 guidance: total revenues $2.05–2.08 billion (25%–27% growth), system same-shop sales growth 4%–6%, adjusted EBITDA $370–380 million, and at least 185 system shop openings.
Efficient Conversion and Development Progress (Clutch)
Reopened 7 Clutch Coffee Bar conversions in Q1 that are already outperforming system AUVs and generating on average more than 3x pre-conversion volumes; average CapEx for conversions ~ $1.4 million per shop; reiterates clear path to 2,029 shops by 2029.
Food Rollout and Menu Innovation Driving Transactions
New food rolled out to 485 system shops (including 11 franchise shops); food attachment rates tracking in the low teens (slightly ahead of early tests); company expects food rollout largely complete across company-owned fleet by end of Q3; Q1 LTO window drove ~30% increase in LTO unit velocity YoY.
Rewards, Order Ahead and Customer Engagement
Dutch Rewards penetration at an all-time high of 74% of transactions; order ahead reached ~15% of transaction mix in Q1; segmentation and in-app offer effectiveness improved, supporting transaction growth among Gen Z and millennials.
CPG Early Traction and Merchandise Success
CPG rollout pacing ahead of expectations with strong SKU-level velocity in initial retailers; merch drops (Mini Charm Figurines and Mystery Bag Charms) delivered ~50% higher sales lift versus comparable drops last year.
Healthy Liquidity and CapEx Discipline
Total liquidity of approximately $698 million as of March 31 (including $264 million cash); average CapEx per shop in Q1 ~$1.3 million (down from $1.7 million in Q1 last year).
BROS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BROS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $59.06 | $53.54 | -9.35% |
Feb 12, 2026 | $50.82 | $53.20 | +4.68% |
Nov 05, 2025 | $55.56 | $53.22 | -4.21% |
May 08, 2025 | $64.45 | $63.43 | -1.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Dutch Bros Inc. Class A (BROS) report earnings?
Dutch Bros Inc. Class A (BROS) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Dutch Bros Inc. Class A (BROS) earnings time?
Dutch Bros Inc. Class A (BROS) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BROS EPS forecast?
BROS EPS forecast for the fiscal quarter 2026 (Q2) is 0.29.
