Dutch Bros Inc. provided revenues guidance for the second quarter and full year of 2022. For full year 2022, Total revenues are projected to remain in the range of $700 million to $715 million, reflecting continued expansion in shop openings. Same shop sales growth is now estimated to be approximately flat.

For second quarter of 2022, Same shop sales are estimated to be flat to slightly negative as company face macro-economic headwinds impacting consumer discretionary income and gas prices. April same shop sales were (3.7)% in 2022 compared to 22.6% in 2021, large rollover of the year.