Dutch Bros Raises FY24 Revenue Guidance From $1.20B-$1.215B To $1.215B-$1.230B vs $1.23B Est.; Adjusted EBITDA From $195M-$205M To $200M-$210M, Adjusted SG&A From $183M-$189M To $190M-$200M.
Portfolio Pulse from Benzinga Newsdesk
Dutch Bros has raised its FY24 revenue guidance from $1.20B-$1.215B to $1.215B-$1.230B, slightly below the $1.23B estimate. The company also increased its adjusted EBITDA guidance from $195M-$205M to $200M-$210M and adjusted SG&A from $183M-$189M to $190M-$200M.
August 07, 2024 | 8:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Dutch Bros has raised its FY24 revenue guidance to $1.215B-$1.230B, slightly below the $1.23B estimate. The company also increased its adjusted EBITDA and SG&A guidance.
The increase in revenue and EBITDA guidance is a positive indicator of Dutch Bros' financial health and growth prospects. However, the revenue guidance is slightly below the $1.23B estimate, which may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100