Dutch Bros Results Presentation Deck slide image

Dutch Bros Results Presentation Deck

32.0%² 2 Company-Operated Shops Contribution Q2 2021 to Q2 2022 Company-Operated Shop Contribution Bridge Q2 2021 Contribution Margin ¹ (3.9)% Cost Increases (6.8)% Higher Ingredient Costs (2.9)% Labor Cost Increases 2.8% Menu Price Increases (1.1)% Higher Shop Opex (0.4)% New Shop Impact (1.6)% Higher Pre-opening (1.2)% New Shop Startup Inefficiencies (0.7)% Other, Net 1 Contribution Margin is a non-GAAP measure, the definition and the GAAP to non-GAAP reconciliation are provided on slide 16. The company-operated gross margin was 28.6% for Q2 2021 and 19.4% for Q2 2022. Refer to NOTE 18-Segment Reporting on our Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 regarding our revised historical results related to an immaterial error correction for employee sick leave. 11 24.6% Q2 2022 Contribution Margin ¹
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