Dutch Bros Stock Drops After Narrow Q3 Earnings Beat: What You Need to Know

Dutch Bros Inc. (NYSE:BROS) posted its third-quarter fiscal 2026 results after Wednesday’s closing bell, beating estimates but guidance disappointed investors. Here’s a look at the details inside the report. 

• BROS stock is moving. Watch the price action here.

Dutch Bros Q3 Details     

Dutch Bros reported quarterly earnings of 25 cents per share, which beat the consensus estimate of 24 cents

Quarterly revenue came in at $549.84 million, just above analyst estimates of $547.41million.

The company reported the following quarterly highlights:

• Opened 48 new shops, 42 of which were company-operated.
• Total revenues grew 29.8% to $549.8 million as compared to $423.6 million in the same period of 2025.
• Company-operated same-shop sales increased 5.4% and company-operated same-shop customer visits increased 1.0% relative to the same period of 2025. Systemwide same-shop sales increased 4.4% and systemwide same-shop customer visits increased 0.4% relative to the same period in 2025.

“Dutch Bros continues to gain share in the high-growth beverage category. In the third quarter, we achieved our 14th consecutive quarter of positive same-shop sales and ninth consecutive quarter of same-shop customer visit growth,” said CEO Christine Barone.

Looking Ahead

Dutch Bros narrowed its fiscal 2026 revenue outlook to $2.1 billion, just shy of the $2.13 billion estimate.

BROS Stock Price: According to data from Benzinga Pro, Dutch Bros stock fell 19.29% to $35.35 in Wednesday’s extended trading.  

Photo: Shutterstock