Dutch Bros Inc. reported stronger-than-expected second-quarter results after Wednesday’s closing bell, buoyed by brisk traffic and new store openings. Adjusted earnings came in at $0.26 a share, surpassing the $0.18 average analyst estimate compiled by FactSet. Revenue jumped 28% from a year earlier to $415.8 million, topping the $403.75 million consensus. System-wide same-shop sales rose 6.1%, while diluted net income per share improved to $0.20 from $0.12 a year ago. On the back of the outperformance, the Oregon-based drive-through coffee chain raised its full-year 2025 guidance, although detailed targets were not immediately disclosed. Ahead of the release, options traders had positioned for a pronounced swing, with the weekly August 8 at-the-money straddle implying a 16% move and call volume outpacing puts by roughly 4.6 to 1.