Latest news with #ChristineBarone
Yahoo
8 hours ago
- Business
- Yahoo
Dutch Bros Inc. to Host Second Quarter 2025 Conference Call and Webcast on August 6
TEMPE, Ariz., July 23, 2025--(BUSINESS WIRE)--Dutch Bros Inc. ("Dutch Bros") (NYSE: BROS), one of the fastest-growing brands in the U.S. quick service beverage industry, today announced that Christine Barone, Chief Executive Officer and President, and Joshua Guenser, Chief Financial Officer, will host a conference call and webcast to review financial results for the second quarter, which ended on June 30, 2025. The conference call and webcast will take place on Wednesday, August 6, 2025 at 5:00 p.m. Eastern Time (ET). Dutch Bros will report financial results for the second quarter 2025 after the market close that same day. Event: Second Quarter 2025 Conference Call and WebcastDate: Wednesday, August 6, 2025Time: 5:00 p.m. ETDial In: 1-201-493-6779Webcast: The webcast will be archived shortly after the conference call has concluded. About Dutch Bros Inc. Dutch Bros Inc. (NYSE: BROS) is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. While espresso-based beverages are still at the core of what we do, Dutch Bros now offers a wide variety of unique, customizable cold and hot beverages that delight a broad array of customers. We believe Dutch Bros is more than just the products we serve—we are dedicated to making a massive difference in the lives of our employees, customers and communities. This combination of hand-crafted and high-quality beverages, our unique drive-thru experience and our community-driven, people-first culture has allowed us to successfully open new shops and continue to share the "Dutch Luv" at 1,012 locations across 18 states as of March 31, 2025. To learn more about Dutch Bros, visit follow Dutch Bros Coffee on Instagram, Facebook, X, and TikTok, and download the Dutch Bros app to earn points and score rewards! Dutch Bros, our Windmill logo, Dutch Bros Rebel, and our other registered and common law trade names, trademarks and service marks are the property of Dutch Bros Inc. All other trademarks, trade names and service marks appearing in this release are the property of their respective owners. Solely for convenience, the trademarks and trade names in this release may be referred to without the ® and ™ symbols, but such references should not be construed as any indicator that their respective owners will not assert their rights thereto. View source version on Contacts For Investor Relations Inquiries: Jeff PriesterICR(332) 242-4370investors@ For Media Relations Inquiries: Jessica LiddellICR(203)
Yahoo
6 days ago
- Business
- Yahoo
Jim Cramer on Dutch Bros: 'Let's Hold'
Dutch Bros Inc. (NYSE:BROS) is one of the stocks in Jim Cramer's spotlight. Highlighting the recent tariff announcement around Brazil and the fact that the company imports its beans from the country and other South American countries, a caller asked if they should add to their position, ring the register, or hold. In response, Cramer said: 'Let's do this, let's hold. It's a very small part of whatever cost they have. Dutch Bros is in major expansion mode. You know, I think it's terrific. I've had Christine Barone on the show many, many times… and I feel like the stock at $63, not necessarily a great level. I would wait till it comes down a little. Perhaps when it reports, there might be some sellers. They don't report till August. Don't be in a hurry, you have a nice gain. No need to add more stock right here.' A closeup of a customer tasting a freshly-made cold brew coffee product from the company's shop. Dutch Bros (NYSE:BROS) operates and franchises drive-thru coffee shops and provides beverages under brands like Dutch Bros Coffee and Blue Rebel. While we acknowledge the potential of BROS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
12-06-2025
- Business
- Daily Mail
Iconic coffee chain to move its headquarters out of Oregon
An iconic coffee chain founded in Oregon has officially decided to move its headquarters from the woke state to Arizona. Dutch Bros Coffee confirmed this week that it will shift operations from its original base in Grants Pass to a growing office near Phoenix - another blow to the liberal state. The $11.8 billion drive-thru business, which is Oregon's second most valuable company after the activewear brand Nike, announced it will relocate its corporate headquarters in the near future. The major move represents yet another high-profile business fleeing the area, where sky-high taxes, crime and regulations have driven companies to seek refuge in Republican states. The move comes just 18 months after the coffee giant tapped Arizona native Christine Barone as CEO as it revealed plans to use millions to relocate much of its workforce to Phoenix. OregonLive said Dutch Bros executives living near the current HQ in Grants Pass had struggled to find adequate childcare in the small city. But Republicans say the Democrats including Governor Tina Kotek should have fought far harder to keep the chain in the Beaver State, as its revenue continues to rocket. Some also suggested liberal policies passed in state capital Salem were anti-business and helped drive Dutch Bros to the Republican stronghold of Arizona. 'Dutch Bros has been more than just a coffee company; it's been a valued employer, a community partner, and a symbol of local innovation and grit,' said Rep. Dwayne Yunker, R-Josephine County, in a written statement, as reported by Oregon Live. 'Their departure should alarm every policymaker in Salem,' Yunker said. has reached out to Kotek for comment but has not yet received a response. The coffee company claims the move is aimed to help 'bring more people together' in order to 'better serve customers' across the country. 'Over the past several months, we have seen the functional and cultural advantages of having more of our field support roles working together in one place,' the company wrote in a statement. 'To support the next phase of Dutch Bros' growth, we're relocating additional roles to our new Phoenix office and making strategic changes to the structure of several teams.' 'Bringing more people together will allow us to better serve our customers and crews across the country,' the company said. 'With these changes, the Phoenix office will become our official HQ.' Despite the move, Dutch Bros said it would maintain a presence in Southern Oregon and continue investing in the region through its charitable foundation. 'Additionally, through the Dutch Bros Foundation, we'll continue our long-standing commitment to uplifting and supporting the Southern Oregon community,' the company said. The coffee chain started as a humble cart in tiny Grants Pass back in 1992. Brothers Travis and late Dane Boersma built their operation into a nationwide company with over 1,000 locations. Annual sales have exploded from just $240 million five years ago to a staggering $1.3 billion last year, with predictions of another whopping 22 percent surge in 2025. The decision comes amid an ongoing trend of major companies leaving West Coast states, due to various factors such as crime, policies and taxes. Last month, a long-standing outdoor store decided to close all of its Oregon locations, marking another business casualty in Portland as crime remains at 'historic heights'. Next Adventure, a beloved outdoor gear store founded by childhood friends Deek Heykamp and Bryan Knudsen in 1997, grew into a 'beloved Portland institution' throughout its three decades in operation, making nearly $24 million in annual sales at its peak, Portland Business Journal reported. The business eventually expanded to four locations across Oregon - its flagship store in Portland's Central Eastside, another in Sandy, and two paddle centers in Portland and Columbia County. However, all four locations are set to close later this year, the owners announced. 'We're entering a very uncertain time, there are challenges and we're in our 60s,' Heykamp said at the time. 'So when you're in uncertain times, and you make decisions as a leader, it's my and Bryan's responsibility to look at our business and make good decisions on how we can build stability and build the best possible outcome for everybody,' he added. 'And after a lot of work, we came up that this is the right direction to go.' Portland and Oregon became symbolic of the decline of Democrat-run progressive cities in the wake of the COVID pandemic. The once stunning city on the Willamette River became a byword for homelessness, open-air drug use, far-left-wing riots and lawmakers happy to turn a blind eye to urban decay. Businesses fled downtown Portland in droves amid plummeting quality of life, with the city enduring record murder rates in 2022. The city finally appears to have been shamed into taking action in recent months, with voters dumping progressive prosecutor Mike Schmidt and clearing homeless encampments from its downtown.
Daily Mail
12-06-2025
- Business
- Daily Mail
Huge blow for Oregon as woke state's second biggest company moves HQ to ARIZONA, with GOP blaming Dems
An iconic coffee chain founded in Oregon has officially decided to move its headquarters from the woke state to Arizona. Dutch Bros Coffee confirmed this week that it will shift operations from its original base in Grants Pass to a growing office near Phoenix - another blow to the liberal state. The $11.8billion drive-thru business, which is Oregon's second most valuable company after the activewear brand Nike, announced it will relocate its corporate headquarters in the near future. The major move represent yet another high-profile business fleeing the area, where sky-high taxes, crime and regulations have driven companies to seek refuge in Republican states. The move comes just 18 months after the coffee giant tapped Arizona native Christine Barone as CEO as it revealed plans to use millions to relocate much of its workforce to Phoenix. OregonLive said Dutch Bros executives living near the current HQ in Grants Pass had struggled to find adequate childcare in the small city. But Republicans say the Democrats including Governor Tina Kotek should have fought far harder to keep the chain in the Beaver State, as its revenue continues to rocket. Some also suggested liberal policies passed in state capital Salem were anti-business and helped drive Dutch Bros to the Republican stronghold of Arizona 'Dutch Bros has been more than just a coffee company; it's been a valued employer, a community partner, and a symbol of local innovation and grit,' said Rep. Dwayne Yunker, R-Josephine County, in a written statement, as reported by Oregon Live. 'Their departure should alarm every policymaker in Salem,' Yunker said. has reached out to Kotek for comment but has not yet received a response. The coffee company claims the move is aimed to help 'bring more people together' in order to 'better serve customers' across the country. 'Over the past several months, we have seen the functional and cultural advantages of having more of our field support roles working together in one place,' the company wrote in a statement. 'To support the next phase of Dutch Bros' growth, we're relocating additional roles to our new Phoenix office and making strategic changes to the structure of several teams.' 'Bringing more people together will allow us to better serve our customers and crews across the country,' the company said. 'With these changes, the Phoenix office will become our official HQ.' Despite the move, Dutch Bros said it would maintain a presence in Southern Oregon and continue investing in the region through its charitable foundation. 'Additionally, through the Dutch Bros Foundation, we'll continue our long-standing commitment to uplifting and supporting the Southern Oregon community,' the company said. The coffee chain started as a humble cart in tiny Grants Pass back in 1992. Brothers Travis and late Dane Boersma built their operation into a nationwide company with over 1,000 locations. Annual sales have exploded from just $240million five years ago to a staggering $1.3billion last year, with predictions of another whopping 22 percent surge in 2025. The decision comes amid an ongoing trend of major companies leaving West Coast states, due to various factors such as crime, policies and taxes. Last month, a long-standing outdoor store decided to close all of its Oregon locations, marking another business casualty in Portland as crime remains at 'historic heights'. Republican lawmakers were quick to slam Democrat Governor Tina Kotek's administration for creating a business environment that drove away the hometown success story. She is pictured speaking with members of the media before casting her ballot on November 2, 2022 Next Adventure, a beloved outdoor gear store founded by childhood friends Deek Heykamp and Bryan Knudsen in 1997, grew into a 'beloved Portland institution' throughout its three decades in operation, making nearly $24 million in annual sales at its peak, Portland Business Journal reported. The business eventually expanded to four locations across Oregon - its flagship store in Portland's Central Eastside, another in Sandy, and two paddle centers in Portland and Columbia County. However, all four locations are set to close later this year, the owners announced. 'We're entering a very uncertain time, there are challenges and we're in our 60s,' Heykamp said at the time. 'So when you're in uncertain times, and you make decisions as a leader, it's my and Bryan's responsibility to look at our business and make good decisions on how we can build stability and build the best possible outcome for everybody,' he added. 'And after a lot of work, we came up that this is the right direction to go.' Portland and Oregon became symbolic of the decline of Democrat-run progressive cities in the wake of the COVID pandemic. The once stunning city on the Willamette River became a byword for homelessness, open-air drug use, far-left wing riots and lawmakers happy to turn a blind eye to urban decay. Businesses fled downtown Portland in droves amid plummeting quality of life, with the city enduring record murder rates in 2022. The city finally appears to have been shamed into taking action in recent months, with voters dumping progressive prosecutor Mike Schmidt and clearing homeless encampments from its downtown.
Yahoo
11-06-2025
- Business
- Yahoo
Dutch Bros, beloved national coffee chain, to move headquarters out of Oregon
PORTLAND, Ore. (KOIN) – Dutch Bros, a beloved Oregon-founded chain with national acclaim, is moving their headquarters out of the Pacific Northwest. The company confirmed to KOIN 6 News that its official headquarters will soon move to Phoenix, Arizona. 2 Portland bars named finalists in New Orleans' upcoming Spirited Awards The change comes roughly one year after CEO Christine Barone, an Arizona native, joined the company. 'Over the past several months, we have seen the functional and cultural advantages of having more of our field support roles working together in one place. To support the next phase of Dutch Bros' growth, we're relocating additional roles to our new Phoenix office and making strategic changes to the structure of several teams,' the company said in a statement to KOIN 6 News. 'Bringing more people together will allow us to better serve our customers and crews across the country. With these changes, the Phoenix office will become our official HQ.' However, the company said their original roasting facility will remain in Grants Pass, Oregon. 'Additionally, through the Dutch Bros Foundation, we'll continue our long-standing commitment to uplifting and supporting the Southern Oregon community,' the company said. Stay with KOIN 6 News as this story develops. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
