Streetbeat News

BRCC

BRC Inc.

https://www.blackriflecoffee.com

Industry

Packaged Foods

BRC Inc., through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel. The company also produces media content; podcasts; and digital and print journals, as well as sells coffee brewing equipment, and outdoor and lifestyle gear. It supports active military, veterans, and first responders. The company offers its products through convenience, grocery, drug, and mass merchandise stores; outdoor, do it yourself, and lifestyle retailers; and company operated and franchised Black Rifle Coffee retail coffee shop locations, as well as through e-commerce. BRC Inc. was founded in 2014 and is based in Salt Lake City, Utah.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Telsey Advisory Group analyst Sarang Vora maintains an Outperform rating on BRC Inc. (NYSE:BRCC) with a price target of $8.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 12:42 pm

BRC shares are trading higher following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:12 pm

BRC announced that its gross margin is expected to be at the high end of its previously provided guidance range of 37-40%.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:52 pm

BRC (NYSE:BRCC) reported Q1 2024 earnings of $0.01 per share, surpassing the $(0.03) estimate, marking a 133.33% beat and a significant improvement from last year's $(0.08) per share loss. Sales reached $98.392M, exceeding the $97.135M forecast by 1.29% and showing a 17.85% increase from the previous year's $83.490M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:59 pm

BRC Inc (NYSE:BRCC) has been analyzed by 5 analysts, showing a shift towards a more bullish outlook with an average 12-month price target of $7.35, a 27.83% increase from the previous target. The company, serving premium coffee and merchandise to military and first responders, has shown a revenue growth of 27.81% as of December 31, 2023, but struggles with profitability and debt management.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 12:00 pm

Telsey Advisory Group analyst Sarang Vora reiterates an Outperform rating on BRC Inc. (NYSE:BRCC) and maintains an $8 price target.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:57 am

Perion Network Ltd. (NASDAQ:PERI) significantly reduced its FY24 revenue forecast, leading to a 37.6% drop in pre-market trading. Other stocks like BRC Inc. (NYSE:BRCC), Range Resources Corporation (NYSE:RRC), Cerus Corporation (NASDAQ:CERS), Oil States International, Inc. (NYSE:OIS), Tevogen Bio Holdings Inc. (NASDAQ:TVGN), and Baidu, Inc. (NASDAQ:BIDU) also saw pre-market declines, while Rentokil Initial plc (NYSE:RTO) experienced a pre-market increase.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 12:24 pm

Esperion Therapeutics shares rose by 7.1% in pre-market trading after presenting new data from CLEAR outcomes at ACC.24, highlighting the value of NEXLETOL tablets. Other stocks also showed significant movement in pre-market trading, with Longeveron Inc. leading the gainers and 22nd Century Group, Inc. leading the losers.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 9:15 am

Analysts have mixed views on BRC Inc (NYSE:BRCC), with recent ratings showing a shift towards a more neutral stance. The average 12-month price target has significantly increased to $7.19 from $3.50, indicating a positive outlook. BRC's financial performance shows strong revenue growth but challenges in profitability and debt management. The company, serving premium coffee and merchandise to military and first responders, has seen its market capitalization fall below industry benchmarks.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

Citigroup analyst Alexandra Davis maintains a Neutral rating on BRC Inc. (NYSE:BRCC) and raises the price target from $3.5 to $4.75.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 3:51 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.