BRC (BRCC)
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BRC INC (BRCC) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-08 00:01
BRC Inc. (BRCC) reported $89.02 million in revenue for the quarter ended June 2024, representing a year-overyear decline of 3.2%. EPS of -$0.01 for the same period compares to -$0.03 a year ago. The reported revenue represents a surprise of -12.33% over the Zacks Consensus Estimate of $101.54 million. With the consensus EPS estimate being -$0.01, the company has not delivered EPS surprise. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectatio ...
BRC Inc. (BRCC) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-08-07 23:50
BRC Inc. (BRCC) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced earnings of $0.01, delivering a surprise of 133.33%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. BRC INC, which belongs to the Zacks Consume ...
BRC (BRCC) - 2024 Q2 - Quarterly Report
2024-08-07 20:19
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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ ...
BRC (BRCC) - 2024 Q2 - Quarterly Results
2024-08-07 20:17
Exhibit 99.1 BRC Inc. Reports Second Quarter 2024 Financial Results Highlights • Announces Q4 launch of Black Rifle Energy™ RTD, offering a clean energy alternative for national distribution in FY25 featuring BRCC's one-of-a-kind designs • Wholesale revenue grew 8% compared to Q2 2023 while net revenue decreased 3% in Q2 2024 to $89.0 million • Adjusted EBITDA of $8.5 million and Net Loss of $1.4 million, an increase of $8.4 million and $13.3 million, compared to Adjusted EBITDA of $0.1 million and a Net Lo ...
Bull Of The Day: BRC Inc (BRCC)
ZACKS· 2024-06-26 23:01
BRC Inc (BRCC) is a Zacks Rank #1 (Strong Buy) that has a F for Value and an A for Growth. This company makes and ships coffee and associated merchandise. There are a handful of stores in Arkansas but the majority of sales are made online. Let's explore more about this company in this Bull of The Day article. Black Rifle Coffee Company engages in the business of sourcing, processing, manufacturing, packaging, distributing, marketing, and selling coffee and other food and beverage products. It utilizes a thr ...
3 Best Breakout Stocks Worth a Buy for Attractive Returns
ZACKS· 2024-06-26 12:20
It's judicious for investors to pick breakout stocks for enticing returns. This method involves zeroing in on stocks whose prices vary within a narrow band. In other words, the demand for a stock is at its lowest at its support level, which means that most traders are willing to sell it. At the resistance level, most traders are willing to go long on the stock, meaning they would like to add it to their portfolio. The key to identifying breakout stocks is to zero in on those on the verge of a breakout or th ...
BRC INC (BRCC) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-06-24 17:05
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for BRC INC imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested ...
BRC Inc.: Adding This To The Watch List
Seeking Alpha· 2024-06-19 11:48
Perhaps what is singularly impressive about BRC is the fact that it has taken a (let's face it) commoditized and undifferentiated coffce industry and placed a unique brand behind it. The company's founder, Evan Hafer, is a former Green Beret who founded the company in 2015 (and took it public in early 2022, which is a very quick rise from startup to major player). BRC core brand identity (BRC January 2024 Investor Presentation) IN YEAR ONE, WE'VE BUILT A $100M+ FDM BUSINESS One of the biggest growth areas f ...
Has BRC INC (BRCC) Outpaced Other Consumer Staples Stocks This Year?
ZACKS· 2024-06-06 14:41
The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is BRC Inc. (BRCC) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question. BRC Inc. is one of 192 companies in the Consumer Staples group. The Consumer Staples group currently sits at #5 within the Zacks Sector Rank. The Zacks Sector Rank gau ...
How Much Upside is Left in BRC INC (BRCC)? Wall Street Analysts Think 25.53%
ZACKS· 2024-06-05 14:55
Shares of BRC Inc. (BRCC) have gained 36.2% over the past four weeks to close the last trading session at $5.68, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $7.13 indicates a potential upside of 25.5%. The average comprises six short-term price targets ranging from a low of $4.75 to a high of $11, with a standard deviation of $2.28. While the lowest estimate indicates a decl ...