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BRC (BRCC) - 2024 Q3 - Earnings Call Transcript
2024-11-05 21:29
BRC Inc (NYSE:BRCC) Q3 2024 Results Conference Call November 5, 2024 8:30 AM ET Company Participants Matt McGinley - Vice President of Investor Relations Christopher Mondzelewski - Chief Executive Officer Stephen Kadenacy - Chief Financial Officer Conference Call Participants Michael Baker - D.A. Davidson Sarang Vora - Telsey Advisory Group Jon Anderson - William Blair JP Wallum - ROTH Capital Partners Joe Altobello - Raymond James Bill Chappell - Truist Securities Operator Greetings, and welcome to the Bla ...
Here's What Key Metrics Tell Us About BRC INC (BRCC) Q3 Earnings
ZACKS· 2024-11-05 00:01
BRC Inc. (BRCC) reported $98.2 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 2.3%. EPS of -$0.01 for the same period compares to -$0.05 a year ago.The reported revenue represents a surprise of +3.31% over the Zacks Consensus Estimate of $95.06 million. With the consensus EPS estimate being -$0.02, the EPS surprise was +50.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...
BRC Inc. (BRCC) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-11-04 23:31
BRC Inc. (BRCC) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced a loss of $0.01, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS est ...
BRC (BRCC) - 2024 Q3 - Quarterly Report
2024-11-04 21:27
Table of Contents 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 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fro ...
BRC (BRCC) - 2024 Q3 - Quarterly Results
2024-11-04 21:18
Exhibit 99.1 BRC Inc. Reports Third Quarter 2024 Financial Results Highlights • Wholesale revenue grew 3.5% compared to Q3 2023 while consolidated net revenue decreased 2.3% in Q3 2024 to $98.2 million. • Adjusted EBITDA of $7.1 million and Net Loss of $1.4 million, an increase of $0.9 million compared to Adjusted EBITDA of $6.2 million in Q3 2023 and an improvement of $9.3 million from Net Loss of $10.7 million in Q3 2023. • Increased midpoint guidance for Gross Margin and adjusted EBITDA, while narrowing ...
Rejuvenate Biomed, the NIHR Leicester BRC, and Wellcome Leap partner for Phase 2 Study in COPD-related sarcopenia
GlobeNewswire News Room· 2024-10-28 10:00
The Phase 2 double-blind placebo-controlled clinical trial will evaluate the potential of RJx-01 to maintain muscle integrity in older persons with severe acute exacerbation of COPD Rejuvenate Biomed anticipates commencing patient enrollment first half 2025 DIEPENBEEK, Belgium and LEICESTER, United Kingdom and LOS ANGELES, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Rejuvenate Biomed, the University of Leicester, the National Institute for Health and Care Research (NIHR) Leicester Biomedical Research Centre (BRC), an ...
BRC vs. ALLE: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-10-08 16:48
Investors looking for stocks in the Security and Safety Services sector might want to consider either Brady (BRC) or Allegion (ALLE) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estim ...
Is the Options Market Predicting a Spike in BRC (BRCC) Stock?
ZACKS· 2024-09-23 15:31
Investors in BRC Inc. (BRCC) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct. 18, 2024 $1 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean the ...
BRC (BRCC) - 2024 Q2 - Earnings Call Presentation
2024-08-08 17:49
second Quarter 2024 We are America's Coffee DISCLAIMER Forward-Looking Statements This press release contains forward-looking statements about the Company and its industry that involve substantial risks and uncertainties. All statements other than statements of historical fact contained in this press release, including statements regarding the Company's intentions, beliefs or current expectations concerning, among other things, the launch of Black Rifle Energy , the Company's financial condition, liquidity, ...
BRC (BRCC) - 2024 Q2 - Earnings Call Transcript
2024-08-08 16:46
BRC Inc. (NYSE:BRCC) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Jason Martini – Investor Relations Chris Mondzelewski – Chief Executive Officer Steve Kadenacy – Chief Financial Officer Conference Call Participants Michael Baker – D.A. Davidson Matt McGinley – Needham & Company George Kelly – ROTH Capital Partners David Shakno – William Blair Sarang Vora – Telsey Advisory Group Operator Greetings. Welcome to the Black Rifle Coffee Company 2024 Earnings Call. At this time, ...