Dutch Bros Inc. (BROS) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.154 Thank you for standing by and welcome to the Dutch Bros Inc. 00:00:03.154 -- 00:00:07.459 fourth quarter 2025 earnings conference call and webcast. 00:00:07.459 -- 00:00:12.624 This conference call and webcast is being recorded today, February 12th, 2026 at 5 00:00:12.624 -- 00:00:18.971 p.m. Eastern time and will be available for replay shortly after it's concluded. 00:00:18.971 -- 00:00:23.897 Following the company's presentation, we will open up the lines for questions and instructions 00:00:23.897 -- 00:00:25.859 to queue up will be provided at that time. 00:00:25.859 -- 00:00:31.125 I would now like to turn the call over to Neil Patel, Dutch Bros Senior Manager, 00:00:31.125 -- 00:00:34.947 Investor Relations. Please go ahead. 00:00:36.911 -- 00:00:41.776 Good afternoon and welcome. I'm joined by Christine Barone, CEO and President, and Josh 00:00:41.776 -- 00:00:46.821 Gunzer, CFO. We issued our earnings press release for the quarter and year-ended December 00:00:46.821 -- 00:00:48.803 31st, 2025, 00:00:48.803 -- 00:00:52.887 after the market closed today. The earnings press release, along with a supplemental 00:00:52.887 -- 00:00:58.450 information deck, have been posted to our Investor Relations website at investors.dutchbros.com. 00:00:59.296 -- 00:01:03.803 Please be aware that all statements in our prepared remarks and in response to your questions, 00:01:03.803 -- 00:01:07.729 other than those of historical fact, are forward-looking statements and are subject to 00:01:07.729 -- 00:01:13.357 risks, uncertainties, and assumptions that may cause actual results to differ materially. 00:01:13.357 -- 00:01:16.542 They are qualified by the cautionary statements in our earnings press release and the 00:01:16.542 -- 00:01:21.609...