Beverage firm BRC's Q2 revenue up 6.5%, beats expectations

BRC

04/08/2025 21:57

Overview

BRC fiscal Q2 revenue rises 6.5%, beating analyst expectations, per LSEG data

Net loss widens to $14.5 mln, adjusted EBITDA falls to $2.4 mln

Co raised $40.25 mln in equity offering post-quarter end

Outlook

Company reaffirms full-year revenue guidance of $395 mln to $425 mln

BRC expects gross margin between 35% and 37% for fiscal 2025

Company anticipates adjusted EBITDA of $20 mln to $30 mln for 2025

Result Drivers

WHOLESALE GROWTH - Wholesale revenue increased 14.1% due to distribution gains and higher sales volume at food and mass retailers

PACKAGED COFFEE DISTRIBUTION - Packaged coffee distribution rose by 14.9 percentage points to 56.6% ACV, boosting sales

RTD COFFEE EXPANSION - Ready-to-Drink coffee distribution increased by 6.1 points to 53.5% ACV, contributing to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$94.80 mln
$92.80 mln (5 Analysts)
Q2 EPS
-$0.07
Q2 Net Income
-$14.50 mln
Q2 Gross Margin
33.9%
Q2 Gross Profit
$32.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for BRC Inc is $2.50, about 34.4% above its August 1 closing price of $1.64

Press Release: ID:nBw5klZQfa

(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.)