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. reports developments for Black Rifle Coffee, a veteran-founded branded coffee and beverage company built around packaged coffee, ready-to-drink coffee, merchandise, and retail coffee shops. Recurring updates focus on quarterly results and guidance, Wholesale and Direct-to-Consumer channel performance, expanded distribution with food and mass retailers, packaged coffee and RTD coffee velocity, and the company’s Outpost retail channel.
Company news also covers investor-conference presentations, brand positioning with military, veteran, and first-responder communities, and exchange-listing compliance disclosures related to its Class A common stock.
BRC Inc. (NYSE: BRCC) reported a 42% increase in net revenue, reaching $233 million for 2021. The fourth quarter net revenue was $71.8 million, up 19.9% year-over-year. The company has raised its full-year 2022 revenue outlook to $315 million. Key growth milestones include a 300% increase in ready-to-drink product distribution and a net loss of $4.6 million for Q4. BRC anticipates 15-20 new Outposts and positive adjusted EBITDA for 2022 as it continues to expand its brand and support for veterans.
Black Rifle Coffee Company (BRCC) is set to announce its fourth quarter and full-year fiscal 2021 financial results before U.S. markets open on March 16, 2022. The company will host a conference call at 8:00 a.m. ET to discuss these results. A replay of the call will be available until March 23, 2022. Founded in 2014 by Green Beret Evan Hafer, BRCC focuses on connecting consumers with premium coffee while proudly supporting Veterans and active-duty military. The company emphasizes a mission-driven approach to quality and community engagement.