BRC Inc
NYSE:BRCC
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BRC Inc
BRC Inc., through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel. The company also produces media content; podcasts; and digital and print journals, as well as sells coffee brewing equipment, and outdoor and lifestyle gear. It supports active military, veterans, and first responders. The company offers its products through convenience, grocery, drug, and mass merchandise stores; outdoor, do it yourself, and lifestyle retailers; and company operated and franchised Black Rifle Coffee retail coffee shop locations, as well as through e-commerce. BRC Inc. was founded in 2014 and is based in Salt Lake City, Utah.
BRC Inc., through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel. The company also produces media content; podcasts; and digital and print journals, as well as sells coffee brewing equipment, and outdoor and lifestyle gear. It supports active military, veterans, and first responders. The company offers its products through convenience, grocery, drug, and mass merchandise stores; outdoor, do it yourself, and lifestyle retailers; and company operated and franchised Black Rifle Coffee retail coffee shop locations, as well as through e-commerce. BRC Inc. was founded in 2014 and is based in Salt Lake City, Utah.
Revenue Growth: Net revenue rose 3% year-over-year in Q3, accelerating to 5% growth when adjusted for one-time items.
Wholesale Strength: Wholesale segment sales grew 5% (or 9% excluding nonrecurring prior-year revenue), driven by gains in both velocity and distribution.
Gross Margin Pressure: Gross margin was 36.9%, down 520 bps from last year due mostly to trade investment, green coffee inflation, and tariffs, partially offset by pricing and productivity gains.
Profit Improvement: Adjusted EBITDA increased 19% year-over-year to 8.4% of sales, with operating expenses down 9%.
Guidance Maintained: Full-year guidance unchanged, but management expects results at the lower end of the range: at least $395 million in revenue, 35% gross margin, and $20 million in adjusted EBITDA.
Distribution Gains: Distribution (ACV) for packaged coffee and RTD products continued to expand, with unit growth outpacing industry trends.
Energy Drink Launch: Black Rifle Energy is now in nearly 20,000 locations and gaining traction, with further targeted expansion planned for 2026.
Cost Discipline: Operational improvements and cost controls (including headcount reduction) contributed to profitability despite margin headwinds.
