Dutch Bros Inc. operates and franchises over 1,100 drive-thru beverage shops across more than 25 U.S. states, with a strong presence in the West and Sun Belt regions. The company's product portfolio centers on customizable, hand-crafted beverages, featuring its proprietary energy drinks, iced coffees, smoothies, and teas. Dutch Bros utilizes a highly efficient drive-thru-first operating model, with the vast majority of its business conducted through drive-thru windows and walk-up counters rather than traditional dine-in seating. The company employs a mixed ownership model, though it has increasingly focused on company-operated shops for new expansions while maintaining a network of legacy franchise partners. A key competitive advantage is its Dutch Rewards digital loyalty program, which drives a significant majority of its transaction volume and enables targeted customer engagement.