Coffeehouse chain Dutch Bros reported a strong financial performance in the first quarter of 2025, with total net revenue skyrocketing by 29% to $355.2 million.
Same-shop sales and transactions went up by 4.7% and 1.3%, respectively, while the coffeehouse chain opened 30 new shops. Dutch Bros achieved a total net income of $22.5 million compared to $16.2 million in the year prior.
Christine Barone, CEO and President of Dutch Bros, said: “Our brand continues to resonate with our customers, giving us confidence that our foundational transaction drivers are working and propelling us forward.
“We have a clear roadmap ahead of us and are well-positioned to continue generating sustainable long-term growth.”
The coffee chain announced an ambitious target to open 7,000 new stores nationwide and plans to reach 2,029 outlets by 2029.
Dutch Bros marked the milestone of opening its 1000th store in February and continues to drive its expansion after reporting strong financial results.
Josh Guenser, Chief Financial Officer of Dutch Bros, added: “We are optimistic about our ability to navigate evolving macroeconomic conditions with robust four-wall economics and excellent cash-on-cash returns.
“Given the strong performance in the first quarter and the continued momentum into the second quarter, 2025 total revenues, same-shop sales growth, and adjusted EBITDA are trending towards the top half of the ranges we provided last quarter.”
Moving forward, the company projects a positive outlook, with estimated revenue for the full fiscal year of between $1.5 billion and $1.57 billion. Additionally, the company expects same-shop growth to be between 2 and 4%.
Dutch Bros currently operates around 1000 locations around the US.
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