Dutch Bros, Inc. (BROS) Q3 2024 Earnings Call Transcript

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Dutch Bros, Inc. ( NYSE: BROS ) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Paddy Warren - Senior Director, IR and Capital Markets Christine Barone - President & CEO Josh Guenser - CFO Conference Call Participants Dennis Geiger - UBS Patrick Johnson - Stifel Andrew Charles - TD Cowen Sara Senatore - Bank of America Merrill Lynch Gregory Francfort - Guggenheim Partners Andy Barish - Jefferies David Tarantino - Baird Nick Setyan - Wedbush Securities Rahul Kro - JPMorgan Jeffrey Bernstein - Barclays Jeff Farmer - Gordon Haskett Operator Greetings, and welcome to the Dutch Bros Third Quarter 2024 Conference Call. [Operator Instructions] At this time, all participants are in a listen-only mode.

As a reminder, this conference is being recorded. It is now my pleasure to introduce Paddy Warren, Director of Investor Relations and Corporate Development. Please go ahead.



Paddy Warren Good afternoon, and welcome. I'm joined by Christine Barone, CEO and President; and Josh Gounder, CFO. We issued our earnings press release for the quarter ended September 30, 2024, after the market closed today.

The earnings press release, along with the supplemental information deck have been posted to our Investor Relations website at investors.dutchbros.com.

Please be aware that all statements in our prepared remarks and in response to your questions, other than those of historical facts are forward-looking statements and are subject to risks, uncertainties and assumptions that may cause actual results to differ materially. They are qualified by the cautionary statements in our earnings press release and the risk factors in our latest SEC filings, including our most recent annual report on Form 10-K and quarterly report on Form 10-Q. We assume no obligation to update any forward-looking statements.

We will also reference non-GAAP financial measures on today's call. As a reminder, non-GAAP measures are neither.