Dutch Bros, the US quick-service beverage chain and NYSE-listed company (NYSE: BROS), has reported Q2 2026 revenues of US$550.9 million, representing a 32.5 per cent increase over the same period in 2025. The company also posted net income of US$51.6 million for the quarter.

Revenue growth was driven by a 5.8 per cent increase in systemwide same shop sales and a 1.7 per cent rise in same shop transactions. According to CEO and President Christine Barone, Q2 2026 marks the company's thirteenth consecutive quarter of positive same shop sales growth, a streak that began in 2023 and has spanned shifts in consumer spending across the broader quick-service restaurant sector.

"Our second quarter performance reflects the strength of the Dutch Bros brand, powered by our differentiated people-led culture and our compelling value proposition that continues to resonate with customers," Barone said.

"The success of our strategy was evident in the second quarter as we delivered our thirteenth consecutive quarter of positive same shop sales growth and our eighth consecutive quarter of same shop transaction growth. We also maintained exceptionally strong development momentum, while AUVs climbed to record levels."

"This performance is the result of years of foundational investments across the business, giving us tremendous confidence in our ability to continue growing Dutch Bros for the long-term," she added.

During the quarter, Dutch Bros opened 48 new locations, 44 of which are company operated. The company also completed the acquisition of 29 locations in Phoenix, Arizona, from franchisee Jim Thompson following his retirement, continuing a broader strategy of converting franchise-operated shops to company-operated units as it scales beyond its original West Coast footprint.

Chief Financial Officer Josh Guenser said the strong results prompted the company to raise its full-year outlook.

"Based on the performance so far this year and the recent acquisition from one of our Phoenix franchisees, we are increasing our full-year guidance on Total Revenues, Systemwide Same Shop Sales Growth and Adjusted EBITDA," Guenser said.

"We enter the second half of the year from a position of strength, with a focused plan, strong visibility into our growth initiatives, and a clear path to turning the significant whitespace ahead of us into durable growth."

Dutch Bros' updated full-year 2026 guidance is as follows:

• Total revenues: approximately US$2.1 billion to US$2.13 billion
• Same shop sales growth: 5 per cent to 6 per cent
• Adjusted EBITDA: US$385 million to US$390 million
• Capital expenditures: US$350 million to US$370 million

The total system shop openings guidance remains unchanged at a minimum of 185 new locations.

Source: Global Coffee Report