Dutch Bros IncCompany plans to nearly double store count to 2,029 by 2029, with strong same-store sales growth of 8.3% and revenue up 31% in Q1.

Dutch Bros stock could double in value by the end of the decade, driven by a plan to nearly double its store count to 2,029 locations by 2029 and strong same-store sales growth. The company operated 1,177 shops in 25 states as of the end of the first quarter of 2026, representing a planned 72% increase in locations. Same-store sales rose 8.3% year over year, with transaction growth of 5.1%, while revenue grew 31% in the first quarter and 28% in 2025. The drive-thru-focused chain differentiates itself through rapid order processing and enthusiastic staff, helping it compete against larger rivals like Starbucks. Although near-term profit growth is modest due to heavy investment, the expanding footprint and rising popularity are expected to accelerate profit growth over the longer term.
Dutch Bros IncCompany plans to nearly double store count to 2,029 by 2029, with strong same-store sales growth of 8.3% and revenue up 31% in Q1.
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