Dutch Bros Inc. (NYSE: BROS), a rapidly growing drive-thru coffee chain, saw its stock surge by a remarkable 25.93% in the after-hours trading session on Wednesday. This significant rally was fueled by the company's impressive fourth-quarter and full-year 2024 financial results, which showcased its robust growth prospects.

Highlights from Dutch Bros' Q4 2024 results:

• Total revenues increased by 34.9% year-over-year to $342.8 million, driven by the opening of 32 new shops and a 6.9% rise in system-wide same-shop sales.
• Company-operated shop contribution, a non-GAAP measure, grew 50.8% to $90.9 million, reflecting a 240-basis-point improvement in contribution margin to 28.9%.
• Adjusted EBITDA, another non-GAAP metric, surged 41.2% to $48.8 million, indicating strong operational efficiency.
• The company reported a net income of $6.4 million, compared to a net loss of $3.8 million in the same period last year.

For the full year 2024, Dutch Bros demonstrated sustained momentum, with total revenues rising 32.6% to $1.28 billion and adjusted EBITDA increasing by 43.9% to $230.3 million. The company opened a remarkable 151 new shops across 18 states, highlighting its aggressive expansion strategy.

Christine Barone, Chief Executive Officer and President of Dutch Bros, expressed optimism about the company's future growth prospects, citing the success of their mobile order capabilities, loyalty program, and plans to expand food offerings. Driven by these initiatives, Dutch Bros provided an upbeat outlook for 2025, projecting same-shop sales growth of 2% to 4% and adjusted EBITDA between $265 million and $275 million.