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flag Dutch Bros beat earnings estimates in Q3 2025, boosted by strong sales and new store openings, while raising full-year guidance.

flag Dutch Bros Inc. reported third-quarter 2025 earnings that exceeded expectations, with revenue of $423.6 million, a 25.2% year-over-year increase, and adjusted earnings of 19 cents per share, surpassing the 17-cent estimate. flag The company opened 38 new locations, drove same-store sales up 5.7%, and raised its full-year revenue guidance to $1.61–1.615 billion. flag Despite margin pressures from pre-opening costs, Dutch Bros maintained its 2025 expansion target of 160 stores and set a 2026 goal of around 175 new locations, with shares rising on the strong performance.

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