BRC Inc. reports Q2 EPS (1c), consensus (2c)

Reports Q2 revenue $89M, consensus $100.91M. “I am pleased with BRCC‘s continued delivery of healthy profitability and above average market growth. Our disciplined execution and increased margin have enabled investment in new initiatives and product innovation, and, in that spirit, I am incredibly excited about today’s earlier announcement regarding the launch of Black Rifle Energy(TM). At Black Rifle we build our brand first … we are extremely proud of the share growth in our premium coffee business, and we’re equally proud to expand our product offerings to serve more customers during more drinking occasions. Our incredible associates have built an offering in the energy category that stays true to Black Rifle values and is complementary to our coffee offerings,” said BRCC CEO Chris Mondzelewski. “At Black Rifle, our mission to support the Veteran and first responder community remains front and center as we drive the strong financial performance of our business.”