BRC (BRCC) - 2024 Q2 - Quarterly Results
BRC (BRCC)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 ...