BROS Earnings Prediction
The chart below shows how BROS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BROS sees a -0.84% change in stock price 10 days leading up to the earnings, and a +3.55% change 10 days following the report. On the earnings day itself, the stock moves by -0.37%. This data can give you a slight idea of what to expect for the next quarter's release.
BROS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
338.21M
27.87%
4.09%
Gross Margin
29.49%
-3.78%
-3.03%
Operating Margin
9.61%
2.02%
-18.07%
Net Margin
6.42%
26.63%
-5.87%
EPS
0.11
57.14%
-8.33%
No Data Available
BROS Earnings Analysis
Dutch Bros Inc. Corporation (BROS.N) Earnings Conference Call
Positive
Quarterly Revenue Increase: Revenue grew 28%, delivering $338 million for the quarter, an increase of $74 million year over year.
Targeted Revenue Growth: Our long-term growth algorithm targets roughly 20% annual revenue growth, and we are very pleased with our continued top-line momentum.
New Shop Expansion: New shop growth was 20% year over year, with 38 new shops opened in the quarter, of which 33 were company-operated, representing continued steady progress.
Adjusted EBITDA Increase: We delivered a 20% increase in adjusted EBITDA, resulting in $64 million, an increase of $11 million year over year.
Adjusted EPS Increase: Our adjusted EPS was $0.16 per share, up $0.02 per share from Q3 last year.
Negative
Unsustainable Revenue Growth: Revenue growth was 28%, but this was driven by a low base effect from the previous year, indicating potential unsustainability in future quarters.
Rising Operating Expenses: Operating expenses increased significantly, with adjusted SG&A rising to $50 million, a 25% year-over-year increase, impacting overall profitability.
Rising Labor Costs: Labor costs were reported at 27.6% of company-operated shop revenue, which is 160 basis points higher than Q3 of 2023, indicating rising operational costs.
Occupancy Cost Increase: The company noted that occupancy and other costs were 16.4% of company-operated shop revenue, which is 110 basis points higher than the same quarter last year, reflecting increased overhead.
Interest Expense Decline: Interest expense net declined to $6.9 million, but this was primarily due to reduced income received on investments, indicating potential vulnerabilities in cash flow management.
BROS FAQs
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BROS Earning Call Sentiment
Dutch Bros, Inc. (BROS) Q3 2024 Earnings Call Transcript
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BROS.N
-2.84%Positive
The earnings call summary is generally positive, with strong revenue and EBITDA growth, successful product launches, and improved shop performance. The Q&A section highlights positive trends in mobile orders, strong customer engagement, and organic growth. Despite some concerns about rising labor and occupancy costs, the company's strong liquidity and upward guidance adjustments suggest a positive outlook. The market cap indicates a moderate reaction, predicting a 2% to 8% stock price increase.
