Overview

* BRC Q3 2025 revenue grows 2.6% yr/yr but misses analyst expectations

* Net loss for Q3 2025 was $1.2 mln, a decrease from $1.4 mln in Q3 2024

* Adjusted EBITDA increased to $8.4 mln, up from $7.1 mln in Q3 2024

Outlook

* Company maintains full-year revenue guidance at least $395 mln

* BRC expects full-year gross margin to be at least 35%

* Company sees full-year adjusted EBITDA at least $20 mln

Result Drivers

* WHOLESALE REVENUE - Growth in wholesale revenue driven by distribution gains and increased sales volume at food and mass retailers

* DISTRIBUTION GAINS - Packaged coffee and RTD coffee distribution increased significantly, contributing to revenue growth

* GROSS MARGIN PRESSURE - Gross margin declined due to green coffee inflation and higher trade and slotting adjustments

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $100.70 $101.79

Revenue mln mln (4

Analysts

)

Q3 Net -$1.20

Income mln

Q3 Gross 36.90%

Margin

Q3 Gross $37.10

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 ( BRCC ) is $2.50, about 49.2% above its October 31 closing price of $1.27

Press Release:

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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.)