• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SCHEDULE 13G filed by Dutch Bros Inc.

    2/12/25 9:08:29 AM ET
    $BROS
    Restaurants
    Consumer Discretionary
    Get the next $BROS alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13G


    UNDER THE SECURITIES EXCHANGE ACT OF 1934
    DUTCH BROS INC

    (Name of Issuer)


    CLASS A COMMON STOCK

    (Title of Class of Securities)


    26701L100

    (CUSIP Number)


    12/31/2024

    (Date of Event Which Requires Filing of this Statement)


    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    Checkbox checked   Rule 13d-1(b)
    Checkbox not checked   Rule 13d-1(c)
    Checkbox not checked   Rule 13d-1(d)






    SCHEDULE 13G

    CUSIP No.
    26701L100


    1Names of Reporting Persons

    FMR LLC
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    6,473,127.00
    6Shared Voting Power

    0.00
    7Sole Dispositive Power

    6,486,879.21
    8Shared Dispositive Power

    0.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    6,486,879.21
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    5.7 %
    12Type of Reporting Person (See Instructions)

    HC


    SCHEDULE 13G

    CUSIP No.
    26701L100


    1Names of Reporting Persons

    Abigail P. Johnson
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    UNITED STATES
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    0.00
    6Shared Voting Power

    0.00
    7Sole Dispositive Power

    6,486,879.21
    8Shared Dispositive Power

    0.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    6,486,879.21
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    5.7 %
    12Type of Reporting Person (See Instructions)

    IN


    SCHEDULE 13G

    Item 1. 
    (a)Name of issuer:

    DUTCH BROS INC
    (b)Address of issuer's principal executive offices:

    110 SW 4TH STREET,GRANTS PASS,OR,USA,97526
    Item 2. 
    (a)Name of person filing:

    FMR LLC
    (b)Address or principal business office or, if none, residence:

    245 Summer Street, Boston, Massachusetts 02210
    (c)Citizenship:

    Not applicable
    (d)Title of class of securities:

    CLASS A COMMON STOCK
    (e)CUSIP No.:

    26701L100
    Item 3.If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    (a)Checkbox not checked   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
    (b)Checkbox not checked   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
    (c)Checkbox not checked   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
    (d)Checkbox not checked   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
    (e)Checkbox not checked   An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
    (f)Checkbox not checked   An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
    (g)Checkbox checked   A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
    (h)Checkbox not checked   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)Checkbox not checked   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)Checkbox not checked   A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
           please specify the type of institution:
    (k)Checkbox not checked   Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
     
    Item 4.Ownership
    (a)Amount beneficially owned:

    6486879.21
    (b)Percent of class:

    5.7  %
    (c)Number of shares as to which the person has:
     (i) Sole power to vote or to direct the vote:

    Please see the responses to Items 5 and 6 on the cover page.

     (ii) Shared power to vote or to direct the vote:

    0.00

     (iii) Sole power to dispose or to direct the disposition of:

    6486879.21

     (iv) Shared power to dispose or to direct the disposition of:

    0.00

    Item 5.Ownership of 5 Percent or Less of a Class.
     
    Item 6.Ownership of more than 5 Percent on Behalf of Another Person.
     
    If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.


    One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the CLASS A COMMON STOCK of DUTCH BROS INC. No one other person's interest in the CLASS A COMMON STOCK of DUTCH BROS INC is more than five percent of the total outstanding CLASS A COMMON STOCK.
    Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
     
    If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.


    See attached Exhibit 99.
    Item 8.Identification and Classification of Members of the Group.
     
    Not Applicable
    Item 9.Notice of Dissolution of Group.
     
    Not Applicable

    Item 10.Certifications:
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

        SIGNATURE 
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    FMR LLC
     
    Signature:Stephanie J. Brown
    Name/Title:Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
    Date:02/11/2025
     
    Abigail P. Johnson
     
    Signature:Stephanie J. Brown
    Name/Title:Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
    Date:02/11/2025

    Comments accompanying signature:  * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003.** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
    Exhibit Information

    Please see Exhibit 99 for 13d-1(k) (1) agreement.

    Get the next $BROS alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $BROS

    DatePrice TargetRatingAnalyst
    3/26/2025$80.00Overweight
    Wells Fargo
    3/24/2025$82.00Overweight
    Morgan Stanley
    1/7/2025$38.00 → $70.00Equal Weight → Overweight
    Barclays
    1/6/2025$60.00 → $70.00Neutral → Outperform
    Robert W. Baird
    8/19/2024$41.00 → $36.00Overweight → Neutral
    Piper Sandler
    8/15/2024$39.00Neutral → Buy
    UBS
    8/8/2024Neutral → Buy
    Guggenheim
    8/8/2024$50.00 → $47.00Buy
    TD Cowen
    More analyst ratings

    $BROS
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Dutch Bros Inc. Reports First Quarter 2025 Financial Results

      Achieves 29% Year-Over-Year Revenue Growth in the First Quarter Delivers 4.7% System and 6.9% Company-Operated Same Shop Sales Growth in the First Quarter Continues Momentum with Another Quarter of Positive Transaction Growth Dutch Bros Inc. (NYSE:BROS, "Dutch Bros" or the "Company")), one of the fastest-growing brands in the U.S. quick service beverage industry, today reported financial results for the first quarter ended March 31, 2025. Christine Barone, Chief Executive Officer and President of Dutch Bros, stated, "Our business continues to operate from a position of strength, and we are well-positioned to thrive in this dynamic environment. The enthusiasm for our brand, the loyalty o

      5/7/25 4:05:00 PM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Dutch Bros Inc. to Host First Quarter 2025 Conference Call and Webcast on May 7

      Dutch Bros Inc. ("Dutch Bros") (NYSE:BROS), one of the fastest-growing brands in the U.S. quick service beverage industry, today announced that Christine Barone, Chief Executive Officer and President, and Joshua Guenser, Chief Financial Officer, will host a conference call and webcast to review financial results for the first quarter, which ended on March 31, 2025. The conference call and webcast will take place on Wednesday, May 7, 2025 at 5:00 p.m. Eastern Time (ET). Dutch Bros will report financial results for the first quarter 2025 after the market close that same day. Event: First Quarter 2025 Conference Call and Webcast Date: Wednesday, May 7, 2025 Time: 5:00 p.m. ET Dial In: 1-201-

      4/23/25 9:00:00 AM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Dutch Bros Inc. Outlined Long-Term Growth Strategy at Inaugural Investor Day

      Expanded Total Addressable Market to 7,000+ System Shops Nationwide Set Goal of 2,029 System Shops in 2029 Reiterated Prior Long-Term Growth Algorithm; Issued New Long-Term Company-Operated Shop Contribution Margin Goal Announced Appointment of Brian Cahoe as Chief Development Officer Dutch Bros Inc. (NYSE:BROS, "Dutch Bros" or the "Company")), one of the fastest-growing brands in the U.S. quick service beverage industry, today hosted an Investor Day at its support center in Tempe, AZ. The event was also webcast live. During the presentation, the Dutch Bros management team provided updates on the business and its long-term growth goals. "We are pleased to deliver quarter-to-date Q1 sam

      3/27/25 4:05:00 PM ET
      $BROS
      $YUM
      Restaurants
      Consumer Discretionary

    $BROS
    Financials

    Live finance-specific insights

    See more
    • Dutch Bros Inc. Reports First Quarter 2025 Financial Results

      Achieves 29% Year-Over-Year Revenue Growth in the First Quarter Delivers 4.7% System and 6.9% Company-Operated Same Shop Sales Growth in the First Quarter Continues Momentum with Another Quarter of Positive Transaction Growth Dutch Bros Inc. (NYSE:BROS, "Dutch Bros" or the "Company")), one of the fastest-growing brands in the U.S. quick service beverage industry, today reported financial results for the first quarter ended March 31, 2025. Christine Barone, Chief Executive Officer and President of Dutch Bros, stated, "Our business continues to operate from a position of strength, and we are well-positioned to thrive in this dynamic environment. The enthusiasm for our brand, the loyalty o

      5/7/25 4:05:00 PM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Dutch Bros Inc. to Host First Quarter 2025 Conference Call and Webcast on May 7

      Dutch Bros Inc. ("Dutch Bros") (NYSE:BROS), one of the fastest-growing brands in the U.S. quick service beverage industry, today announced that Christine Barone, Chief Executive Officer and President, and Joshua Guenser, Chief Financial Officer, will host a conference call and webcast to review financial results for the first quarter, which ended on March 31, 2025. The conference call and webcast will take place on Wednesday, May 7, 2025 at 5:00 p.m. Eastern Time (ET). Dutch Bros will report financial results for the first quarter 2025 after the market close that same day. Event: First Quarter 2025 Conference Call and Webcast Date: Wednesday, May 7, 2025 Time: 5:00 p.m. ET Dial In: 1-201-

      4/23/25 9:00:00 AM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Dutch Bros Inc. to Present its Long-Term Growth Strategy at 2025 Investor Day

      Dutch Bros Inc. (NYSE:BROS, "Dutch Bros" or the "Company")), one of the fastest-growing brands in the U.S. quick service beverage industry, today will host its inaugural Investor Day at its support center in Tempe, AZ. During the event, the Dutch Bros management team will share an update on the business, including the Company's strategic vision, long-term growth strategy, and multi-year sales drivers. For those not attending the event, details for accessing the live webcast are provided below. Webcast Information Event: March 2025 Investor Day Webcast Date: Thursday, March 27, 2025 Time: 8:00 a.m. PT Webcast: https://investors.dutchbros.com under "Events & Presentations". The webcast

      3/27/25 8:00:00 AM ET
      $BROS
      Restaurants
      Consumer Discretionary

    $BROS
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Dutch Bros Inc.

      SC 13G/A - Dutch Bros Inc. (0001866581) (Subject)

      11/14/24 4:21:31 PM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Dutch Bros Inc.

      SC 13G/A - Dutch Bros Inc. (0001866581) (Subject)

      11/14/24 1:28:34 PM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Dutch Bros Inc.

      SC 13G/A - Dutch Bros Inc. (0001866581) (Subject)

      11/13/24 1:56:36 PM ET
      $BROS
      Restaurants
      Consumer Discretionary

    $BROS
    Leadership Updates

    Live Leadership Updates

    See more
    • Dutch Bros Inc. Outlined Long-Term Growth Strategy at Inaugural Investor Day

      Expanded Total Addressable Market to 7,000+ System Shops Nationwide Set Goal of 2,029 System Shops in 2029 Reiterated Prior Long-Term Growth Algorithm; Issued New Long-Term Company-Operated Shop Contribution Margin Goal Announced Appointment of Brian Cahoe as Chief Development Officer Dutch Bros Inc. (NYSE:BROS, "Dutch Bros" or the "Company")), one of the fastest-growing brands in the U.S. quick service beverage industry, today hosted an Investor Day at its support center in Tempe, AZ. The event was also webcast live. During the presentation, the Dutch Bros management team provided updates on the business and its long-term growth goals. "We are pleased to deliver quarter-to-date Q1 sam

      3/27/25 4:05:00 PM ET
      $BROS
      $YUM
      Restaurants
      Consumer Discretionary
    • Global Marketing Executive Kory Marchisotto Joins Dutch Bros Board of Directors

      Dutch Bros Inc. (NYSE:BROS, "Dutch Bros")), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment of Kory Marchisotto to its Board of Directors, where she will serve as an independent director. Marchisotto brings an expertise in connecting with Gen Z and Gen Alpha customers, developed from her decades of executive experience at several noted beauty brands including her current role as Chief Marketing Officer at e.l.f. Beauty (NYSE:ELF). "Kory has been called ‘a bold disruptor with a kind heart' and I couldn't agree more," said Christine Barone, CEO and president of Dutch Bros. "She deeply understands the needs

      2/18/25 4:05:00 PM ET
      $BROS
      $ELF
      Restaurants
      Consumer Discretionary
      Package Goods/Cosmetics
    • Former Wendy's CEO Joins Dutch Bros Board of Directors

      Dutch Bros Inc. (NYSE:BROS, "Dutch Bros"))), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment of Todd Penegor to its Board of Directors, where he will serve as an independent director. Penegor brings extensive executive leadership experience from his tenure as President and CEO of The Wendy's Company (NASDAQ:WEN), along with previous roles at Kellanova (formerly Kellogg Company) (NYSE:K) and Ford Motor Company (NYSE:F). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240624176723/en/Todd Penegor (Photo: Business Wire) "Todd is a values-based lea

      6/24/24 4:05:00 PM ET
      $BALL
      $BROS
      $F
      $K
      Containers/Packaging
      Industrials
      Restaurants
      Consumer Discretionary

    $BROS
    SEC Filings

    See more
    • Dutch Bros Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Dutch Bros Inc. (0001866581) (Filer)

      5/7/25 4:20:39 PM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • SEC Form SCHEDULE 13G filed by Dutch Bros Inc.

      SCHEDULE 13G - Dutch Bros Inc. (0001866581) (Subject)

      4/30/25 6:30:44 AM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • SEC Form DEFA14A filed by Dutch Bros Inc.

      DEFA14A - Dutch Bros Inc. (0001866581) (Filer)

      3/31/25 4:10:19 PM ET
      $BROS
      Restaurants
      Consumer Discretionary

    $BROS
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Large owner Dm Trust Aggregator, Llc converted options into 1,074,350 shares, increasing direct ownership by 30% to 4,619,968 units (SEC Form 4)

      4 - Dutch Bros Inc. (0001866581) (Issuer)

      4/30/25 11:51:23 AM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Large owner Dm Individual Aggregator, Llc converted options into 675,650 shares, increasing direct ownership by 30% to 2,905,459 units (SEC Form 4)

      4 - Dutch Bros Inc. (0001866581) (Issuer)

      4/30/25 11:50:06 AM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Executive Chairman of Board Boersma Travis converted options into 1,750,000 shares (SEC Form 4)

      4 - Dutch Bros Inc. (0001866581) (Issuer)

      4/30/25 11:48:23 AM ET
      $BROS
      Restaurants
      Consumer Discretionary

    $BROS
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Wells Fargo initiated coverage on Dutch Bros with a new price target

      Wells Fargo initiated coverage of Dutch Bros with a rating of Overweight and set a new price target of $80.00

      3/26/25 7:49:16 AM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Morgan Stanley initiated coverage on Dutch Bros with a new price target

      Morgan Stanley initiated coverage of Dutch Bros with a rating of Overweight and set a new price target of $82.00

      3/24/25 8:37:49 AM ET
      $BROS
      Restaurants
      Consumer Discretionary
    • Dutch Bros upgraded by Barclays with a new price target

      Barclays upgraded Dutch Bros from Equal Weight to Overweight and set a new price target of $70.00 from $38.00 previously

      1/7/25 7:43:54 AM ET
      $BROS
      Restaurants
      Consumer Discretionary