Earnings ·
BRC Inc. reports Q3 net loss of $8.7M on $108M revenue, reaffirms FY26 guidance
BRCCBRC Inc.
BRC Inc. reported a third-quarter net loss of $8.7 million compared to a $1.2 million loss in the prior year period, driven by higher marketing expenses and impairment costs associated with its Project Core restructuring initiative. Net revenue increased 7.3% to $108.0 million, supported by growth in both Wholesale (up 8.1%) and Direct-to-Consumer channels (up 8.5%). Adjusted EBITDA rose 12.3% to $9.5 million, benefiting from tariff refunds and pricing actions that offset increased trade spending and transportation costs. The company reaffirmed its full-year fiscal 2026 outlook for at least 8% revenue growth and at least 35% Adjusted EBITDA growth, noting expected fourth-quarter headwinds from the divestiture of a non-core DTC brand and planned Outpost closures. BRC Inc. operates as a veteran-founded premium coffee company and lifestyle brand.