Dutch Bros’ Growth Trajectory Sparks Interest in New Coffee IPO
Dutch Bros (BROS), the Oregon-based coffee chain that went public in 2021, has demonstrated remarkable growth since its IPO. From 441 locations in 2020—only 182 company-owned—it now boasts over 1,000 outlets, with more than 700 under corporate control. Average unit volumes have surged past $2 million, and net income reached $89 million over the last 12 months.
Investors eyeing the coffee sector now have a new contender: Black Rock Coffee Bar (BRCB). The Oregon-based drive-thru chain, which went public in September, mirrors Dutch Bros' early-stage potential. Its smaller scale and earlier IPO timing suggest higher upside for growth-focused shareholders.