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. (NYSE: BRCC), operating as Black Rifle Coffee Company, regularly issues news and updates that reflect its role as a Veteran-founded, mission-driven premium beverage company and lifestyle brand. Company press releases provide details on financial performance, distribution gains across packaged coffee, Ready-to-Drink (RTD) coffee, and Black Rifle Energy, as well as developments in its direct-to-consumer, wholesale, and Outpost channels.
On this page, readers can follow BRCC news related to quarterly and annual financial results, preliminary earnings updates, and guidance for net revenue, gross margin, and Adjusted EBITDA. The company frequently discusses distribution metrics such as All Commodity Volume (ACV) for its beverage categories and comments on channel trends in wholesale, e-commerce, and Black Rifle Coffee shops.
News items also cover capital markets activity, including underwritten offerings of Class A common stock made under a shelf registration statement, as well as participation in investor conferences and non-deal roadshows. These announcements are typically accompanied by references to investor presentations and webcasts, giving insight into how management communicates its strategy and outlook.
In addition, BRC Inc. uses press releases to announce leadership and governance changes, such as the appointment of a new Chief Financial Officer or the addition of experienced beverage and consumer industry executives to its Board of Directors. These updates highlight the company’s focus on financial discipline, operational capabilities, and alignment with its mission-driven culture.
Investors and followers of BRCC can use this news feed to review the company’s latest earnings releases, conference participation, capital raising activities, and corporate appointments, alongside the mission statements that emphasize support for Veterans, active-duty military, and first responders.
Black Rifle Coffee Company (BRCC) has appointed Chris Mondzelewski as Chief Marketing Officer, effective May 1, 2023. Mondzelewski, a former marketing leader at Mars with over 20 years of experience, will shape BRCC's marketing strategy to enhance business growth and market share across all channels. His robust background includes roles that led to transformative growth in the $12B+ Global Petcare segment at Mars. Concurrently, Heath Nielsen, Chief Retail Officer, is leaving the company, with Co-CEO Tom Davin taking over his responsibilities. Founder and CEO Evan Hafer expressed optimism about Mondzelewski's ability to leverage the company's strong brand momentum following recent market successes.
Black Rifle Coffee Company (BRCC) announced that its management team will present at the D.A. Davidson 6th Annual Consumer Growth Conference on March 21, 2023, at 12:30 PM Eastern Time. This event showcases BRCC's commitment to providing premium coffee while supporting veterans and first responders. A live webcast of the presentation will be available on the company's investor relations page, with an archived replay to follow. Founded in 2014 by Green Beret Evan Hafer, BRCC focuses on connecting consumers with a unique coffee experience and is dedicated to the American way of life.
BRC Inc. (NYSE: BRCC) reported a strong financial performance for 2022, with net revenue increasing by 29% to $301 million. The wholesale channel saw a remarkable rise of 114% to $119 million, marking a significant entry into the Food, Drug, and Mass markets, where BRCC became the #4 bagged coffee brand at Walmart. The fourth quarter net revenue reached $93.6 million, up 30.3% year-over-year. Despite a net loss of $20 million, the company anticipates 2023 net revenue between $400-$440 million and projects gross margins of 36% - 37.5%.
BRC Inc. (BRCC), known as Black Rifle Coffee Company, has announced a change in the timing for its fourth quarter and full-year fiscal 2022 conference call, now set for March 15, 2023, at 4:30 p.m. ET. Investors can access the call via a live connection or through a recorded replay available until March 22, 2023. Additionally, the Company will hold its 2023 Annual Meeting of Stockholders on May 5, 2023, which will be conducted virtually. Detailed participation instructions will be provided in the upcoming proxy statement. Black Rifle Coffee Company is dedicated to supporting veterans and first responders while delivering premium coffee.
Black Rifle Coffee Company (BRCC) announced it will report its Q4 and full-year 2022 financial results on March 15, 2023, prior to the market opening. The management will host a conference call at 8:00 a.m. ET to discuss performance. Interested parties can join the call via a dedicated line or through a webcast on the company's investor relations page. The annual meeting for stockholders is scheduled for May 5, 2023, to be held virtually. The details on how to participate will be included in the company's proxy statement to be filed with the SEC.
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