Dutch Bros Inc. (BROS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

we will open up the lines for questions and instructions to queue up will be provided at that time. I would now like to turn the call over to Patty Warren, Dutch Bros. Senior Director, Investor Relations and Capital Markets. Please go ahead. Good afternoon and welcome. I'm joined by Christine Barone, CEO and President, and Josh Gunzir, CFO. We issued our earnings press release for the quarter ended June 30th, 2025, after the market closed today. The earnings press release, along with a supplemental information deck, have been posted to our Investor Relations website. Please be aware that all statements in our prepared remarks and in response to your questions, other than those of historical fact, are forward-looking statements and are subject to risks, uncertainties and assumptions that may cause our actual results to differ materially. They are qualified by the cautionary statements in our earnings press release and the risk our most recent annual report on Form 10-K and our quarterly report on Form 10-Q. We assume no obligation to update any forward-looking statements. We will also reference non-GAAP financial measures on today's call. As a reminder, non-GAAP measures are neither substitutes for nor superior to measures that are prepared under GAAP. Please review the reconciliation of non-GAAP measures to comparable GAAP results in our earnings press release. With that, I now like to turn the call over to Christine. Thank you, Patty, and good afternoon, everyone. Dutch Bros continues to fire on all cylinders, guided by a focused strategy, strong execution and our amazing people. Our second quarter performance underscored our continued momentum and reaffirmed the strength of our brand. We are encouraged by our significant multi-year runway and the opportunities we h...