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Dutch Bros Targets 2,029 Locations by 2029 Amid Growth

2/21/2026

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Story summary
  • Dutch Bros aims to grow to 2,029 locations by 2029 in the highly competitive retail coffee market, after ending 2025 with 1,136 shops.
  • Dutch Bros has reported nineteen consecutive years of positive same-store sales growth.
  • Starbucks experienced six quarters of declining same-store sales before a recent recovery.
  • Analysts project a 67% increase in earnings per share for both companies by 2028, with Dutch Bros favored for potential robust returns.