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

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot