Dutch Bros. Coffee, a chain with over 850 locations primarily on the West Coast, is expanding to the East Coast with its first location in Davenport, Florida. The Oregon-based company is marking this milestone by offering free drinks on a mini tour of Florida. Dutch Bros. reported $739 million in revenue in 2022, ranking third behind Starbucks and Dunkin' in the U.S. coffee and bakery chains segment. With plans to open 150 to 165 new stores this year, including more in Florida, Dutch Bros. aims to strengthen its presence nationwide. Despite its growth, the company's stock has faced challenges since going public in 2021, with shares declining over the past year.
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