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BRC Inc. - BRCC STOCK NEWS

Welcome to our dedicated page for BRC news (Ticker: BRCC), a resource for investors and traders seeking the latest updates and insights on BRC stock.

BRC Inc. (symbol: BRCC) is a leading non-alcoholic beverage company based in the United States. Specializing in military and firearms-themed coffee products, BRC Inc. is a veteran-controlled company that serves premium coffee, engaging content, and high-quality merchandise to active military, veterans, and first responders.

The company is renowned for its commitment to producing great coffee that consumers love. Its omnichannel distribution network is robust, allowing BRC Inc. to reach its customers through three primary channels:

  • Direct to Consumer: The e-commerce platform where consumers can order products online and have them shipped directly to their doorstep.
  • Wholesale: This channel includes products sold to intermediaries such as convenience stores, grocery stores, drug stores, and mass merchandise retailers, who then sell these products to consumers.
  • Outpost: Revenue generated from its company-operated and franchised retail coffee shop locations, known as Black Rifle Coffee Outposts.

BRC Inc. has achieved significant milestones recently. The company continues to expand its product line and retail footprint, ensuring that fans of its premium coffee can easily access their favorite products. Financially, BRC Inc. has shown steady growth, indicative of strong consumer demand and effective management strategies. The company's partnerships with various retailers further solidify its market presence.

Whether you're an active-duty service member, a veteran, or a first responder, BRC Inc. offers a community and a product that resonates deeply with its audience. The company's dedication to quality and its unique branding have made it a favorite among coffee enthusiasts across the country.

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Black Rifle Coffee Company (NYSE: BRCC) announced the appointment of Major General Clayton Hutmacher and Lawrence “Chip” Molloy to its Board of Directors, effective June 7, 2024.

Clayton Hutmacher is the President and CEO of the Special Operations Warrior Foundation and has extensive military leadership experience, including roles in the U.S. Special Operations community. Lawrence “Chip” Molloy brings vast financial and retail experience, having served as CFO at Sprouts Farmers Market, Under Armour, and PetSmart, among others. CEO Chris Mondzelewski believes their combined expertise will strengthen the company’s strategic execution and long-term shareholder value.

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BRC Inc. reported impressive financial results for Q1 2024, with a notable 18% increase in net revenue to $98.4 million, driven by a 51% growth in Wholesale. The company achieved a net income of $1.9 million and an Adjusted EBITDA of $14.1 million, marking a significant improvement from Q1 2023. BRC Inc. raised its 2024 guidance for Adjusted EBITDA to $32.0-42.0 million and Gross Margin is expected to be at the high end of 37%-40%. Additionally, the company entered into a strategic partnership with Keurig Dr Pepper for K-Cup pod manufacturing and distribution, enhancing its product offerings and market reach.

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Black Rifle Coffee Company (BRCC) announces the release date for its first quarter 2024 results on May 8, 2024, with a conference call scheduled for May 9, 2024. Investors can listen to the call via webcast on the company's website or join by phone.
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BRC Inc. (NYSE: BRCC) reported a 28% increase in net revenue to $119.7 million in Q4 2023, with Wholesale growth of 79%. Profitability improved with Adjusted EBITDA of $12.1 million and a Net Loss of $14.0 million. The company expects accelerated profit and cash flow in 2024 with guidance for Adjusted EBITDA of $27.0 million to $40.0 million.
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BRC Inc. (BRCC) announces the release date for its Q4 and full-year 2023 results, with a conference call scheduled for March 7, 2024. Investors can listen to the call discussing financial results and join via webcast or dial-in. A replay will be available for those unable to participate.
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Black Rifle Coffee Company (BRCC) has been named the 'Official Coffee of UFC' in a new multi-year marketing partnership. BRCC, a mission-driven premium coffee company supporting veterans and first responders, will bring its brand to UFC events with exclusive on-site presence, broadcast integration, and custom content.
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BRC Inc. (NYSE: BRCC) announced new CEO Chris Mondzelewski to lead investor discussions at the 2024 ICR Conference. Mondzelewski brings 30 years of consumer marketing and leadership experience, previously serving at Mars and Kraft Foods. The company aims to leverage its brand strength to expand capabilities, streamline operations, and build strong partnerships for new markets.
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BRCC (NYSE: BRCC) reports a 33% increase in net revenue to $100.5 million and a 42% increase in gross profit in Q3 2023. Wholesale growth of 91% year over year and a drop in operating expenses to 41% of revenue are key highlights. The company expects profitability to continue accelerating in the fourth quarter.
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BRCC & UFC launch donation campaign to support HunterSeven Foundation in combating military exposure to toxins. BRCC and UFC to match $150,000 in public donations to prevent and detect cancer in veterans. Chelsey Simoni, HunterSeven Foundation Co-Founder, emphasizes the need for early identification and screening to save military veterans from preventable cancer deaths.
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Black Rifle Coffee Company (BRCC) will report its third quarter 2023 financial results on November 9, 2023. A conference call and webcast will be held to discuss the results.
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FAQ

What is the current stock price of BRC (BRCC)?

The current stock price of BRC (BRCC) is $3.09 as of December 4, 2024.

What is the market cap of BRC (BRCC)?

The market cap of BRC (BRCC) is approximately 238.8M.

What does BRC Inc. specialize in?

BRC Inc. specializes in military and firearms-themed coffee products, serving active military, veterans, and first responders.

How can I purchase BRC Inc. products?

You can purchase BRC Inc. products through their Direct to Consumer e-commerce platform, wholesale channels in retail stores, or at Black Rifle Coffee Outposts.

What are the primary distribution channels for BRC Inc.?

BRC Inc. uses three primary distribution channels: Direct to Consumer, Wholesale, and Outpost retail locations.

Who does BRC Inc. serve?

BRC Inc. serves active military members, veterans, first responders, and coffee enthusiasts in the United States.

Is BRC Inc. a veteran-controlled company?

Yes, BRC Inc. is a veteran-controlled company committed to producing great coffee and high-quality merchandise.

Where can I find BRC Inc.'s retail coffee shops?

BRC Inc.'s retail coffee shops, known as Black Rifle Coffee Outposts, are located across various locations in the United States.

What recent achievements has BRC Inc. made?

Recently, BRC Inc. has expanded its product line, enhanced its retail footprint, and formed new partnerships with various retailers.

What type of merchandise does BRC Inc. offer?

BRC Inc. offers high-quality merchandise that enables its community to showcase its brand.

How is BRC Inc. performing financially?

BRC Inc. has shown steady financial growth, driven by strong consumer demand and effective management strategies.

Where can I get the latest news about BRC Inc.?

You can find the latest news about BRC Inc. on their official website and various financial news platforms.

BRC Inc.

NYSE:BRCC

BRCC Rankings

BRCC Stock Data

238.76M
61.15M
21.71%
52.18%
11.87%
Packaged Foods
Beverages
Link
United States of America
SALT LAKE CITY