Director’s podcast comments prompt BRC Inc. (BRCC) to reaffirm 2026 revenue outlook

Rhea-AI Filing Summary

BRC Inc. filed an update after learning that one of its directors gave an unauthorized podcast interview discussing future revenue and margin expectations, including a comment that the company would “probably do approximately $450 million of revenue.” The company states this director was not authorized to speak about its financial performance and clarifies it is not issuing any guidance beyond what it has already provided. BRC Inc. explicitly reaffirms its existing full-year fiscal 2026 guidance, which assumes at least 7% net revenue growth compared to 2025 revenue of $398.3 million, as communicated in its March 2, 2026 earnings release and on its March 3, 2026 conference call.

Insights

Equity research analyst

BRC distances itself from an unauthorized revenue comment while reaffirming prior 2026 guidance.

BRC Inc. clarifies that a director’s podcast remarks about “approximately $450 million” of revenue and longer-term margins were not authorized and should not be treated as company guidance. This limits investor reliance on informal commentary and centers attention on formal disclosures.

The company explicitly reaffirms its existing outlook for full-year fiscal 2026, which assumes at least 7% net revenue growth versus $398.3 million of 2025 revenue. That anchors expectations to previously issued guidance rather than the podcast statement.

From an investor perspective, this looks like a governance and communication housekeeping event rather than a change in fundamentals. The key reference points remain the March 2, 2026 earnings release and the March 3, 2026 conference call, where management outlined its official 2026 assumptions.

8-K Event Classification

Item 7.01 — Regulation FD Disclosure

1 item

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 22, 2026

BRC Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-41275	87-3277812
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1144 S. 500 W

Salt Lake City, UT 84101

(Address of principal executive offices, including Zip Code)

(801) 874-1189

Registrant’s telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A common stock, $0.0001 par value		BRCC		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

On March 22, 2026, BRC Inc. (the “Company”) learned that a member of the Board of Directors of the Company gave an interview on a podcast called Forged In America. During the interview, the director said, inter alia, that “the [C]ompany will probably do approximately 450 million of revenue”, and made reference to potential future gross margin levels, including for periods beyond fiscal 2026, and longer-term revenue and margin profile expectations.

This director was not authorized to speak on the Company’s behalf regarding the Company’s financial performance, and the Company is not issuing any guidance beyond that which it has previously provided. The Company reaffirms the guidance it provided for the full-year fiscal 2026 in its March 2, 2026 earnings release and again during its fourth quarter and fiscal year 2025 conference call with investors on March 3, 2026. For the full-year fiscal 2026, the Company’s guidance assumes at least 7% net revenue growth compared to 2025 revenue of $398.3 million.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: March 23, 2026	BRC INC.
	By:	/s/ Andrew McCormick
		Andrew McCormick
		General Counsel and Corporate Secretary

FAQ

What prompted BRC Inc. (BRCC) to issue this 8-K?

BRC Inc. filed this update after learning that a board member gave a podcast interview discussing future revenue and margin expectations without authorization. The company wanted to clarify that those comments are not official guidance and to direct investors back to its previously issued 2026 outlook.

What unauthorized financial comment did the BRC Inc. director make?

During the podcast, the director said the company “will probably do approximately 450 million of revenue” and referred to potential future gross margin levels. BRC Inc. states this director was not authorized to speak about financial performance and that these remarks should not be viewed as company guidance.

What official 2026 guidance does BRC Inc. (BRCC) reaffirm?

BRC Inc. reaffirms its full-year fiscal 2026 guidance assuming at least 7% net revenue growth. This growth rate is measured against 2025 revenue of $398.3 million, as originally communicated in its March 2, 2026 earnings release and March 3, 2026 investor conference call.

Is BRC Inc. issuing any new guidance in this disclosure?

No, BRC Inc. explicitly states it is not issuing any guidance beyond what it previously provided. The company instead reaffirms the same 2026 outlook it shared in its March 2, 2026 earnings release and during its March 3, 2026 conference call with investors.

How does this 8-K affect BRC Inc.’s revenue expectations?

The company’s revenue expectations remain anchored to its prior guidance. BRC Inc. confirms its full-year fiscal 2026 outlook assumes at least 7% net revenue growth compared with 2025 revenue of $398.3 million, and disclaims the director’s podcast revenue and margin comments as unofficial.

Who signed the BRC Inc. 8-K addressing the podcast comments?

The 8-K was signed on behalf of BRC Inc. by Andrew McCormick, the company’s General Counsel and Corporate Secretary. His signature underscores that this clarification reflects the company’s official position on guidance and not the views expressed in the podcast interview.

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