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BRC (BRCC)
NYSE:BRCC
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Earnings Data
Report Date
Mar 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
>-$0.01Last Year’s EPS
-$0.07Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 04, 2024
|% Change Since: -8.54%
|Next Earnings Date:Mar 12, 2025
Earnings Call Sentiment|Neutral
The earnings call detailed significant progress in operational efficiencies, strategic partnerships, and product launches, particularly in the energy drink sector with Keurig Dr. Pepper. However, challenges such as a slight revenue decline and shifts away from direct-to-consumer channels were noted. The overall sentiment is cautiously optimistic, with a focus on future growth and partnerships.Company Guidance
During the Black Rifle Coffee Company's Q3 2024 earnings call, the company provided guidance that highlighted significant growth metrics and strategic initiatives. They reported a 15% year-over-year increase in adjusted EBITDA, a sequential 18-point rise in All Commodity Volume (ACV) at grocery stores, and an 8-point improvement in gross margin. Additionally, the company emphasized its partnership with Keurig Dr. Pepper for the distribution of its new Black Rifle Energy products, aiming to leverage KDP's direct store delivery network, which reaches 80% of the U.S. population. The energy drink category, valued at over $20 billion, presents a substantial opportunity compared to the $11 billion coffee and $4 billion ready-to-drink coffee categories. Black Rifle Coffee expects continued distribution growth and market share gains through 2025 and 2026, with an anticipated expansion in both the coffee and energy segments. Despite facing headwinds such as higher green coffee prices, the company remains focused on maintaining robust gross margins, having exceeded their 40% target for three consecutive quarters. They narrowed their full-year revenue and EBITDA guidance, with expectations of free cash flow positivity for the year.Improved Gross Margin
Gross margin improved by more than 8 points year-over-year and exceeded 40% for the third consecutive quarter, driven by supply chain enhancements and favorable product mix.
Partnership with Keurig Dr. Pepper
Announced an energy distribution partnership with Keurig Dr. Pepper, leveraging their DSD network that reaches 80% of the U.S. population and provides access to over 180,000 retail outlets.
Launch of Black Rifle Energy
The launch of Black Rifle Energy is on track for the fourth quarter, with positive feedback received at the National Association of Convenience Store Conference.
Wholesale Segment Growth
Year-to-date sales in the wholesale segment grew 17% compared to the same period last year, with a 3% revenue growth this quarter.
Increased Grocery ACV
Achieved a 32-point year-over-year increase in ACV in the grocery channel, reaching 41%.
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BRCC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BRCC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $3.16 | $3.29 | +4.11% |
| Aug 07, 2024 | $5.42 | $3.37 | -37.82% |
| May 08, 2024 | $4.26 | $5.59 | +31.22% |
| Mar 06, 2024 | $3.76 | $4.53 | +20.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does BRC (BRCC) report earnings?
BRC (BRCC) is schdueled to report earning on Mar 12, 2025, TBA Not Confirmed.
What is BRC (BRCC) earnings time?
BRC (BRCC) earnings time is at Mar 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BRCC EPS forecast?
BRCC EPS forecast for the fiscal quarter 2024 (Q4) is >-$0.01.
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