Dutch Bros Inc. (BROS) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.217 Thank you for standing by and welcome to the Dutch Bros Incorporated first quarter 2025 00:00:04.217 -- 00:00:07.362 earnings conference call and webcast. 00:00:07.362 -- 00:00:11.568 This conference call is being recorded today, May 7th, 2025 at 5 p.m. 00:00:11.568 -- 00:00:16.796 Eastern time and will be available for replay shortly after it has concluded. 00:00:16.796 -- 00:00:21.122 Following the company's presentation, we will open up the lines for questions and instructions 00:00:21.122 -- 00:00:24.246 to queue up will be provided at that time. 00:00:24.246 -- 00:00:27.809 I would now like to turn the call over to 00:00:27.858 -- 00:00:32.382 Patty Warren, Dutch Bros, Senior Director, Investor Relations and Capital Markets. 00:00:32.382 -- 00:00:34.904 Please go ahead at this time. 00:00:34.904 -- 00:00:39.909 Good afternoon and welcome. I'm joined by Christine Brone, CEO and President, 00:00:39.909 -- 00:00:44.533 and Josh Gunzer, CFO. We issued our earnings press release for the quarter ended March 00:00:44.533 -- 00:00:49.657 31st, 2025 after the market closed today. The earnings press release, along 00:00:49.657 -- 00:00:54.281 with a supplemental information deck, have been posted to our Investor Relations website 00:00:54.281 -- 00:00:56.421 at investors.dutchbros.com. 00:00:57.187 -- 00:01:02.032 Please be aware that all statements in our prepared remarks and in response to your questions, 00:01:02.032 -- 00:01:05.997 other than those of historical fact, are forward-looking statements and are subject to 00:01:05.997 -- 00:01:11.242 risks, uncertainties, and assumptions that may cause actual results to differ materially. 00:01:11.242 -- 00:01:15.066 They are qualified by the cautionary statements in our earnings press r...