BRC INC Stock Price, News & Analysis

Black Rifle Coffee Company (BRCC) has opened a new coffee shop in Spanish Fork, Utah, marking its third store in the state. This location features a coffee and espresso bar, over 15 blends, a grab-and-go menu, and drive-thru service, operating daily from 5am to 8pm MT. CEO Evan Hafer attributes the success of their physical locations to the brand's alignment with customer values. BRCC serves nearly 300,000 coffee club subscribers and boasts a community of over 2 million consumers, emphasizing its commitment to premium coffee and supporting veterans and first responders.

BRC Inc. (NYSE: BRCC), a premium coffee company dedicated to supporting veterans and first responders, will present at the 2022 William Blair Growth Stock Conference on June 8, 2022, at 4:20 PM Eastern Time. The presentation will be accessible via a webcast on the company's investor relations website, with an archived replay available afterward. Founded in 2014 by Green Beret Evan Hafer, BRCC is committed to providing quality coffee and promoting the American way of life.

Black Rifle Coffee Company (BRCC) has appointed Chris Clark as its new Chief Technology Officer. Clark, who has over 25 years of technology experience, previously served as CIO at Levi Strauss & Co. His appointment is part of BRCC's strategy to enhance its omnichannel approach and fuel growth following its recent public listing. The company aims to leverage Clark's expertise to improve operational efficiency and integrate its digital foundation effectively.

BRC Inc. (NYSE: BRCC) reported a 35% net revenue increase in Q1 2022, reaching $65.8 million, driven by significant growth in wholesale and Outpost sales. The company reported a net loss of $(256.8) million, which includes $240.7 million in non-cash expenses. While gross profit rose 18% to $23.2 million, gross margin fell to 35%.

BRCC continues to expand its leadership team, hiring veterans from notable companies to support growth initiatives.

BRC Inc. (BRCC), a mission-driven premium coffee company supporting veterans and first responders, will report its first quarter 2022 financial results on May 12, 2022, before U.S. stock market opens. Management will host a conference call at 8:00 a.m. ET to discuss these results. Investors can access the live webcast via the company’s investor relations page. A replay of the call will be available until May 19, 2022. Founded by veteran Green Beret Evan Hafer in 2014, BRCC emphasizes quality coffee and patriotic values.

BRC Inc. (NYSE: BRCC) announced the Redemption Fair Market Value for its outstanding Warrants. The Redemption Fair Market Value is set at $26.48, allowing Warrant holders to receive 0.361 shares of Class A Common Stock per Warrant on a cashless basis. The redemption will occur on May 4, 2022, at 5:00 p.m. ET, with a Redemption Price of $0.10 per unexercised Warrant. The effective registration statement from the SEC for cash exercises is pending. Unexercised Warrants post-Redemption Date will become void.

BRC Inc. (NYSE: BRCC) announced the redemption of all outstanding warrants for its Class A common stock at a price of $0.10 per warrant. The redemption date is set for May 4, 2022. The warrants can be exercised on a cashless basis until the redemption deadline, with specific conditions outlined in the Warrant Agreement. If unexercised by the deadline, warrants will be voided. The company has filed a registration statement for cash exercise, pending SEC approval. Trading of the warrants will cease on May 3, 2022.

Black Rifle Coffee Company (BRCC) has opened its third brick-and-mortar store in Woodstock, Georgia, enhancing its mission to support Veterans and first responders. The new location features a full coffee and espresso bar, a grab-and-go menu, and amenities like a dog park and drive-thru service. CEO Evan Hafer highlighted that the brand's success is rooted in shared values with customers. BRCC has a loyal community of over 2 million lifetime consumers and 287,000+ active coffee club subscribers, contributing to its rapid growth.

Black Rifle Coffee Company (BRCC) announces the opening of its first coffee shop in Houston, Texas, on March 26. This marks the company's ninth location in Texas. The shop will operate daily from 5 a.m. to 9 p.m. and offer a full espresso bar, over 15 coffee blends, a drive-thru, and a grab-and-go menu. Founder Evan Hafer emphasizes the company's commitment to serving premium coffee while honoring service members. BRCC boasts over 287,000 active coffee club subscribers and a growing loyal customer base, reflecting its expanding presence in the coffee market.