Dutch Bros Investor Conference Presentation Deck
UNPARALLELED CUSTOMER CONNECTION AND EMPLOYEE ENGAGEMENT
30+ year brand with extensive operating experience
Strong brand that resonates with consumers in new and
existing markets
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WHO WE ARE
TOP-TIER GROWTH
Strong 4-wall economics: targeting 30%+ year-2 company-
operated shop contribution margins¹
Top-tier new shop returns support our growth aspirations
Huge TAM with potential for years of growth runway
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Top-notch people systems that create opportunity, reinforce
culture, and create competitive advantage
Strong rewards program with areas of untapped upside
1 Company-operated segment gross profit, before company-operated shop depreciation and
amortization, taken as a percentage of company-operated shop revenue.
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DUTCH BROS
More Than
DOUBLED
Total Shops
And More Than
TRIPLED
Company Shops
Since FY2019
Y
30+
Shop Openings
Every Quarter
Since IPO
10
Consecutive
Quarters
-30%
CONTRIBUTION
MARGIN¹
Achieved by New
ShopsView entire presentation