Dutch Bros Inc
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
BROS$35.29-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Franchising and Other Segment Performance
| Year Ended December 31, | |||||||
|---|---|---|---|---|---|---|---|
| (in thousands; unaudited) · 2024 · 2023 · 2022 · 2024 v. 2023 · 2023 v 2022 | |||||||
| Franchising and other revenue | $115,185 | $107,837 | $99,302 | $7,348 | 6.8% | $8,535 | 8.6% |
| Franchising and other gross profit | $80,170 | $71,061 | $59,589 | $9,109 | 12.8% | $11,472 | 19.3% |
| As a percentage of franchising and other revenue | 69.6% | 65.9% | 60.0% | N/A | 370 bps | N/A | 590 bps |
The franchising and other gross profit increase of $9.1 million was driven by $4.6 million due to newly opened franchised shops not in the comparable shop base, $2.6 million from same shop sales, and a $1.9 million increase from products sold to franchisees, net of costs and adjustments.
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