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.
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.
BRC Inc. (NYSE: BRCC), a mission-driven premium coffee company supporting veterans and first responders, will present at the 25th Annual ICR Conference on January 9, 2023, at 9:00 AM Eastern Time in Orlando, Florida. The event will be available via webcast on the company's investor relations website, with an archived replay accessible after the live presentation. Founded in 2014 by Green Beret Evan Hafer, BRCC focuses on delivering premium coffee and a unique customer experience.
BRC Inc. (NYSE: BRCC) reported a 26% increase in net revenue for Q3 2022, reaching $75.5 million, driven by a 66% growth in wholesale due to entry into the Food, Drug & Mass channel with Walmart. The Ready-to-Drink (RTD) segment outpaced category growth by 4.5x. However, gross profit decreased to $23.9 million, indicating financial challenges alongside a net loss of $16.1 million. The company anticipates fourth quarter revenues of $90 to $95 million, but maintains a positive outlook for 2023 with projected revenues of $500 million.
BRC Inc. (NYSE: BRCC) will announce its third quarter 2022 financial results on November 10, 2022, prior to market open. A conference call is scheduled for 8:00 a.m. ET the same day, where management will discuss the financial performance. Investors can access the call via phone or through a live webcast on the company's investor relations page. Following the call, a replay will be available until November 17, 2022.
Founded in 2014, Black Rifle Coffee Company focuses on serving premium coffee and supporting veterans and first responders.
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Black Rifle Coffee Company (BRCC) has launched its fall menu featuring new drinks including the Smashed Pumpkin latte and TrickN’ Treat hot cocoa. The Smashed Pumpkin combines pumpkin pie flavors with spiced syrups, while TrickN’ Treat includes hot cocoa and candy. BRCC also reintroduces the Smokey Joe, a seasonal favorite, alongside new Pumpkin Swirl Bread. These offerings will be available at BRCC Outposts in several states, including Florida and Texas, while supplies last. The company emphasizes its commitment to veterans and high-quality coffee products.
BRC Inc. (NYSE: BRCC), a premium coffee company committed to supporting Veterans and first responders, will present at the 2022 Raymond James Consumer Conference on September 15, 2022, at 10:20 AM Eastern Time. This event showcases the company’s mission-driven focus and unique brand experience. Interested parties can access a live webcast on the company’s investor relations website, with an archived replay available post-event. Founded by Green Beret Evan Hafer in 2014, BRCC offers premium coffee products tailored for those who cherish America's values.
Black Rifle Coffee Company (BRCC) has appointed Martin Manning, a U.S. Navy Veteran, as its new Chief Human Resources Officer (CHRO). Manning's role focuses on talent acquisition in line with the company's mission to hire 10,000 Veterans. This leadership change is part of a broader strategy to scale revenue and develop an omnichannel lifestyle brand. Manning has a strong background in driving growth and building leadership teams, having previously served at Ascend Learning.