Dutch Bros Results Presentation Deck
OUTLOOK
FY 2022 Outlook
Total System New Shop Openings
Company-operated Shop Openings
Revenue
Same Shop Sales Growth
Adjusted EBITDA
Capital Expenditures
1
at least 130
at least 110
at least $715 million
12
approximately flat
at least $90 million
$175 million to $200 million
Full Year 2022 Outlook is Derived From Recent Trends and Does Not Assume Material Changes
to the Current Operating Environment, Inclusive of Any Potential Further COVID-19 Impacts
1 We have not reconciled guidance for Adjusted EBITDA to the corresponding GAAP financial measure because we do not provide guidance for the
various reconciling items. We are unable to provide guidance for these reconciling items because we cannot determine their probable significance, as
certain items are outside of our control and cannot be reasonably predicted due to the fact that these items could vary significantly from period to period.
Accordingly, reconciliations to the corresponding GAAP financial measure is not available without unreasonable effort.
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