Black Rock Coffee Bar, Inc. Class A earnings date
Want to see BRCB full AI Analyst Report?
Black Rock Coffee Bar, Inc. Class A (BRCB) Q3 2026 Earnings Report
BRCB Q3 2026 EPS Results
- Actual EPS
- $0.05
- Consensus EPS
- $0.07
- Beat/Miss
- Missed by -$0.02
- One Year Ago EPS
- -$0.05
BRCB Q3 2026 Revenue Results
- Actual Revenue
- $66.75M
- Expected Revenue
- $67.38M
- Beat/Miss
- Missed by -$625.00K
- YoY Revenue Growth
- +29.70%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/10/2026
- Time
- After Close
- Conference Call
- Tuesday, November 10, 2026
Black Rock Coffee Bar, Inc. Class A's next earnings date is estimated for March 9, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q3 2026 Earnings Call Summary
The call was strongly positive. Highlights significantly outweighed the lowlights, with robust revenue and same-store sales growth, improving transactions, accelerating EBITDA growth, strong new-store development, positive California and extended-hours results, reaffirmed guidance, and a substantial development pipeline. The main challenges were higher labor, preopening, and build costs, a still-developing afternoon and evening food opportunity, and a more selective consumer environment.
BlackRock Coffee Bar reaffirmed total revenue in the range of $255 million to $257 million, representing 27% growth over the prior year, Adjusted EBITDA in the range of $34 million to $35 million, representing 24% to 27% growth over the prior year, and same store sales growth in the mid single digits; it now expects 40 new store openings, up from 38, representing approximately 22% unit growth, and fourth quarter Adjusted EBITDA growth of more than 30%, with the fourth quarter expected to be the strongest same store sales growth of the year and the strongest in both same store sales and same store transactions. Capital expenditures are expected to be $47 million to $48 million, inclusive of tenant improvement allowances, or $64 million to $66 million, excluding tenant improvement allowances of $17 million to $18 million, including approximately $14 million to $15 million of total capital supporting growth in future years. The company expects 5 California openings this year and more than doubling to 15 to 20 in 2027, and reiterated long term growth targets of 20% annual unit growth, revenue growth of 20% or more, mid single digit same store sales growth, and Adjusted EBITDA growth that outpaces revenue.
- Strong Third-Quarter Revenue and Same-Store Sales GrowthThird-quarter revenue was $66.8 million, up 29.7% year over year, while same-store sales increased 5.8%, compared with 4.2% in the prior quarter and 16.6% on a two-year basis. This marked the 15th consecutive quarter of positive same-store sales.
- Improving Transaction MomentumTransactions increased 2.4% in the quarter and 8.5% on a two-year basis, while pricing contributed 2.4% and check contributed 1%. Management said year-to-date transaction trends had returned to positive territory after comparisons affected by the prior loyalty rollout.
- Adjusted EBITDA Growth AcceleratedAdjusted EBITDA was $8.5 million, up 22.1% year over year and approximately 500 basis points better than the second quarter. Management expects fourth-quarter Adjusted EBITDA growth of more than 30%, ahead of revenue growth.
- Strong Store-Level ProfitabilityStore-level profit increased 26.5% to $19.3 million, with store-level margin of 28.9%. Beverage, food, and packaging costs declined 100 basis points to 26.8% of revenue, driven by disciplined procurement and execution.
- New Store Development Ahead of PlanThe company opened 11 stores in the quarter and 30 stores through the first three quarters, ending with 211 stores system-wide. It increased full-year opening guidance to 40 stores from 38, representing approximately 22% unit growth.
- Positive California ExpansionThe company opened its first Inland Empire store during the quarter and reported a record-breaking early response. It expects five California openings in 2026 and 15 to 20 in 2027, more than doubling the expected 2026 level.
- Extended-Hours Initiative Showing Positive ResultsApproximately 70% of stores were operating with extended hours, and the company decided to make the initiative permanent. Management said the program was profitable, contributed to same-store sales and transactions, and was generating particularly strong momentum in California.
- Food and Beverage Mix ExpansionFuel represented 26.3% of third-quarter mix and food represented 14.2%. Food attachment increased across all dayparts in each quarter of 2026, with grilled cheese, cake pops, and other menu additions supporting afternoon and evening engagement.
- Successful Menu InnovationThe Pumpkin Passport campaign delivered a more durable seasonal mix than the prior year. Cookie butter cold foam was popular enough that guests added it to other drinks, driving check growth through premium add-ons. Cake pops were made a permanent core menu item with rotating seasonal flavors.
- Loyalty and Personalization EngagementLoyalty transactions represented approximately 69% of transactions during the quarter. The customer data platform had been in testing for approximately 90 days, with management reporting promising early results from more relevant one-to-one communication with loyalty and non-loyalty guests.
- Strong People and Leadership PipelineEmployee turnover was about half the industry average, store-lead turnover was well below industry norms, and 98% of store leaders had been promoted from within. Management said the 2027 store-lead pipeline was already in place to support new-store openings.
- Disciplined SG&A and Operating Leverage OpportunityAdjusted SG&A was $8.9 million, or 13.4% of revenue, in line with the prior year despite carrying a full quarter of public-company costs. Management expects SG&A to continue leveraging as the company scales.
- Healthy Liquidity to Fund ExpansionThe company ended the quarter with $13.6 million in cash and cash equivalents and access to $21 million under its revolving credit facility. The term loan balance was $19.5 million, and management said liquidity was ample to fund growth.
- Revenue and EBITDA Guidance ReaffirmedThe company reaffirmed full-year revenue guidance of $255 million to $257 million, representing 27% growth, and Adjusted EBITDA guidance of $34 million to $35 million, representing 24% to 27% growth. Same-store sales growth guidance remained in the mid single digits.
- Long-Term Growth Targets MaintainedManagement remained confident in long-term targets of 20% annual unit growth, revenue growth of 20% or more, mid-single-digit same-store sales growth, and Adjusted EBITDA growth that outpaces revenue.
- Strong Capital and Development PipelineCapital expenditures were expected to be $47 million to $48 million including tenant improvement allowances, or $64 million to $66 million excluding those allowances. Approximately $14 million to $15 million was supporting growth in future years, and a meaningful portion of 2027 openings was already funded and underway.
- No Meaningful Broad Inflationary PressureManagement reported no meaningful pressure from inflation or the supply chain during the quarter. Coffee costs, which represent about 3% of sales, had seen approximately 30 basis points of relief, while labor inflation remained consistent at approximately 3% to 4%.
BRCB Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Mar 09, 2027 | 2026 (Q4) | 0.05- | 0.04 | ― | ― |
| Nov 10, 2026 | 2026 (Q3) | 0.070.05 | -0.05 | 200.00% (+0.10) | |
| Aug 11, 2026 | 2026 (Q2) | 0.070.06 | -0.02 | 400.00% (+0.08) | |
| May 12, 2026 | 2026 (Q1) | 0.030.02 | ― | ― | |
| Mar 03, 2026 | 2025 (Q4) | 0.020.04 | ― | ― | |
| Nov 11, 2025 | 2025 (Q3) | -0.12-0.05 | ― | ― |
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.
