Black Rock Coffee Bar Q2 revenue rises on new store openings, same-store sales growth

Black Rock Coffee Bar

11/08/2026 21:14

Overview
US drive-thru coffee chain's Q2 revenue rose 25% yr/yr to $63 mln
Same store sales grew 4.2% yr/yr in Q2
Company opened 10 new stores, reaching 200 locations in Q2

Outlook
Company sees full-year 2026 revenue in the range of $255 mln to $257 mln
Company expects mid-single digit same store sales growth for full-year 2026
Company forecasts full-year 2026 adjusted EBITDA between $34 mln and $35 mln

Result Drivers
NEW STORE OPENINGS - Opened 10 new stores in Q2, contributing to revenue growth
CUSTOMER ENGAGEMENT INITIATIVES - Co said it invested in new menu offerings, loyalty segmentation, daypart-based offers and extended hours to expand customer engagement
BRAND AND MARKET EXPANSION - Co said it continued to grow presence and build brand awareness in existing markets

Company press release: ID:nGNX20Dn2z

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$63 mln
 
Q2 Net Income
 
$3.20 mln
 
Q2 Adjusted EBITDA
 
$9.40 mln
 
Q2 Income from Operations
 
$4.10 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the restaurants & bars peer group is "buy"
Wall Street's median 12-month price target for Black Rock Coffee Bar, Inc. is $16.50, about 126% above its August 10 closing price of $7.30

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)