Dutch Bros debuted 71 stores during the pandemic-ridden 2020, and is projected to open 100 by the end of 2021. In the past five and a half years, the brand has grown from roughly 250 stores to nearly 500. The story Ricci refers to dates back to 1992 when brothers Travis and Dan Boersma started selling espresso out of a pushcart in Grant Pass, Oregon. READ MORE: Dutch Bros Coffee Eyes $3.3 Billion Valuation in IPO And I think is a really great indication of just how well they understood the story, how excited they are about it, and how much I think they believe in what we're doing.” We were doing a lot of educating, a lot of talking about our concept, and who we are and who we aren't. and really had never visited a Dutch Bros. “I mean, we've had a great time sharing the story with investors and with analysts and with the banks over the course of this year, and when you think about it, most of the people who we’re talking to live in the Eastern half of the U.S. “We’re just blown away by the response,” Ricci says. Dutch Bros closed Friday at $43.55 per share, or a $7.19 billion valuation. Dutch Bros opened on the stock market at $32 per share-41 percent above the IPO price-and reached a high of $54 per share last week. At that level, the chain was valued at $3.8 billion. The chain first projected a share price of $18 to $20, but the brand exceeded expectations by pricing its IPO at $23 per share, raising $484 million. “There hasn't been this type of business IPO in quite a while and so just felt like a good time to be out there,” Ricci says.Īs it turns out, the Oregon-based Dutch Bros couldn’t have written a better script. The nearly 500-unit brand spent time evaluating the timing of the exit, and as discussions developed toward the end of last year, both sides felt building a long-term exit strategy through the IPO process was the best plan. When TSG came on board, Dutch Bros CEO Joth Ricci says two realities were inevitable-the group was either going to buy the company or sell its stake. In October 2018, the West Coast coffee chain took on a minority investment from TSG Consumer Partners, with the hopes of leveraging the firm’s expertise to reach 800 stores over the next five years. near you, don’t fret: you can shop on their online store for coffee, apparel, and other cool coffee-related items.Dutch Bros Coffee arrived on the New York Stock Exchange this past Wednesday, fulfilling plans that began formulating nearly three years ago. Today, there are hundreds of locations and the company employs over 5,000 people. has been “roasting and rockin” since 1992, when brothers Dane and Travis Boersma opened their first store in Oregon. The Black Forest is a hot cocoa with cherry and dark chocolate added. But that doesn’t mean you shouldn’t treat yourself. If coffee’s not your thing, that’s okay: it’s not for everyone. Try this in the morning with a double or triple shot and you’ll be ready for whatever the day may bring. The Annihilator is a breve - a milk-based espresso - with chocolate and macadamia nut. This one’s good for breakfast, lunch, or dinner! Annihilator As always, you can get it warm or iced, and it comes with whipped cream to invoke the frosting on top of a cinnamon roll. This is a mocha coffee option that adds cinnamon and white chocolate. That may seem like a lot to take in, but the speedy drive-thru service makes ordering a breeze. There are also options for Chai tea, frozen drinks, cold tea, smoothies, and hot cocoa.Īs an added bonus, there is a “secret” menu that allows diligent customers to find over 80 drinks that are “off menu.” They use Rebel energy drink to make a ton of flavorful, energizing iced drinks. While coffee is the name of the game at Dutch Bros., they also offer a decent selection of other drinks.

You can get coffees with one, two, or three shots and add even more for 50 cents extra. Each category gives you the option to add flavorings and toppings so you can drive away with the perfect brew. There are six categories of coffee: mocha, latte, breve, Americano, cold brew, and, finally, frozen coffees. excels at creating delicious flavor combinations, so it should come as no surprise that the bulk of their menu is comprised of diverse styles of coffee. This is a simple way to get your drinks to you efficiently.ĭutch Bros.

From there, you can choose a specific type of drink based on the larger category. In order to make it easier to find just what you’re looking for, they’ve divided their menu into several large categories.

Coffee offers strictly drive-thru service.

Dutch bros menu calendar