Dutch Bros Inc at Barclays Eat, Sleep, Play Conference Transcript
Good morning, everyone. Thank you for joining us. My name is Jeff Bernstein, and I'm the restaurant and foodservice distribution analyst here at Barclays.
I'm thrilled to introduce our next presenting company, Dutch Bros. With us this morning from Grants Pass, Oregon, we have Joth Ricci, President and CEO; and Charlie Jemley, CFO. And I had to cut into my prepared remarks last night and added an extra sentence, that congratulations are in order.
For those not aware, Dutch Bros announced yesterday after the close that Christine Barone will be joining the company as President in the first quarter of '23, presumably, taking the title from Joth. Some more on that in a moment.
But by way of background, for those not familiar, Dutch Bros is a drive-through, primarily beverage chain with 640 some-odd restaurants in the U.S. with future growth to be led by company-operated development. Impressively, the brand has had 15 consecutive years of positive comps, while unit
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