Dutch Bros Inc (NYSE:BROS)
$ 47.45 -1.33 (-2.73%) Market Cap: 5.40 Bil Enterprise Value: 6.20 Bil PE Ratio: 163.62 PB Ratio: 10.32 GF Score: 49/100

Dutch Bros Inc at Jefferies Consumer Conference (Virtual) Transcript

Jun 20, 2022 / 12:00PM GMT
Andy Barish
Jefferies Financial Group Inc. - Analyst

Hello, everyone. Pleased to have with us, Joth Ricci and Charley Jemley, the CEO and CFO, respectively, of Dutch Bros Coffee, one of the IPO companies from 2021 that continues to grow its unit base very nicely. But for those of you who may be emanating on the East Coast that haven't had a Dutch Bros experience, let me turn it over to Joth real quick to kind of give you an overview of what they do in their drive-thru shops.

Joth Ricci
Dutch Bros Inc. - President & CEO

Yeah, thanks, Andy. Thanks for having us. So Dutch Bros is a 30-year-old company, started in 1992 by two brothers. It was really built on the premise of service and a service model to take care of the customer. And we just happened to do it through a full beverage menu. So in our stands, we serve things like espresso-based drinks. We serve energy-based drinks. We have cold brew, sparkling water, lemonade, and tea. And then we can build a variety of functions from that.

We are -- about 97% of our locations are drive-thru only. We

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