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Black Rock Coffee Bar (BRCB)

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Earnings summaries and quarterly performance for Black Rock Coffee Bar.

Research analysts covering Black Rock Coffee Bar.

Recent press releases and 8-K filings for BRCB.

Black Rock Coffee Bar Discusses Strong Q3 Performance and Ambitious Growth Targets
BRCB
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
  • Black Rock Coffee Bar reported Q3 same-store sales growth of over 10% and a store-level margin of 29.6%. The company aims for mid-single-digit long-term same-store sales growth.
  • The company targets 20% annual growth in system-wide sales, EBITDA, and store count, with a goal of 1,000 units over 10 years. They plan to open 36 units in 2026.
  • Current Average Unit Volumes (AUVs) are around $1.2 million to $1.3 million. Growth drivers include loyalty programs, an increasing food mix (now 13%, 70% savory), and energy drink sales (Fuel mix pushing 24%).
  • Management anticipates demand acceleration over the next 12 months and a balanced margin outlook with potential upside from coffee tariff exemptions. The company is focused on achieving free cash flow positive status in the short to near term.
Dec 2, 2025, 8:00 PM
Black Rock Coffee Bar Reports Strong Q3 Sales and Outlines Growth Strategy
BRCB
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
  • Black Rock Coffee Bar reported Q3 same-store sales growth of over 10% and aims for mid-single-digit long-term same-store sales growth. The company expects demand to accelerate over the next 12 months.
  • The company targets 20% annual growth in system-wide sales, EBITDA, and new stores, with a goal of 1,000 units over 10 years. They plan to open 36 units in 2026.
  • Operational highlights include a Q3 store-level margin of 29.6% and average unit volumes (AUVs) of approximately $1.2 million to $1.3 million. The company attributes its favorable labor costs to a strong employee culture, profit sharing, and performance incentives.
  • Strategic initiatives to drive sales include leveraging a new loyalty program, expanding savory food items (food mix increased from 9% to 13%), and growing energy drink sales (Fuel mix now 24%). The company is also focused on becoming free cash flow positive in the short to near term.
Dec 2, 2025, 8:00 PM
Black Rock Coffee Discusses Growth Targets and Demand Outlook
BRCB
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Black Rock Coffee (BRCB) targets 20% annual growth in sales, EBITDA, and new stores, aiming for 1,000 units over 10 years.
  • The company achieved over 10% same-store sales growth in Q3, with a two-year number of almost 10% annually, and maintains a long-term target of mid-single digits.
  • In Q3, Black Rock Coffee reported a store-level margin of 29.6% and Average Unit Volumes (AUVs) of almost $1.3 million.
  • Management anticipates accelerated demand over the next 12 months and a balanced margin outlook, with potential upside from coffee bean tariff exemptions.
  • Strategic initiatives driving sales include a loyalty program, new savory food items, an increased frozen Fuel mix, and upcoming programmatic marketing efforts.
Dec 2, 2025, 8:00 PM
Black Rock Coffee Bar, Inc. Reports Third Quarter 2025 Results and Provides Full-Year Guidance
BRCB
Earnings
Guidance Update
New Projects/Investments
  • Black Rock Coffee Bar, Inc. reported total revenue of $51.5 million for the third quarter ended September 30, 2025, representing a 24.2% increase year-over-year, driven by 10.8% same store sales growth and the opening of 11 new stores.
  • For Q3 2025, the company recorded a net loss of $16.2 million and an income loss from operations of $6.4 million, while Consolidated Adjusted EBITDA was $6.9 million.
  • The company successfully closed its Initial Public Offering (IPO) on September 15, 2025, raising approximately $306.5 million in net proceeds. As of September 30, 2025, Black Rock Coffee Bar, Inc. had $32.6 million in cash and cash equivalents and $18.9 million in total term debt.
  • For the full year 2025, the company expects 30 new store openings, total revenue between $199 million and $200 million, same store sales growth in the high-single digits, and consolidated Adjusted EBITDA between $26.5 million and $27 million.
Nov 12, 2025, 12:00 PM
Black Rock Coffee Bar Reports Strong Q3 2025 Results and Provides Full-Year Guidance
BRCB
Earnings
Guidance Update
New Projects/Investments
  • Black Rock Coffee Bar (BRCB) reported strong Q3 2025 results, with total revenue of $51.5 million, a 24.2% increase year-over-year, and consolidated adjusted EBITDA of $6.9 million, up 35.1% year-over-year.
  • The company achieved 10.8% same-store sales growth and opened 11 new locations in Q3 2025, bringing the total store count to 169 as of September 30, 2025.
  • For the full year 2025, BRCB expects 30 new store openings, total revenue in the range of $199-$200 million, and consolidated adjusted EBITDA between $26.5-$27 million.
  • Q3 2025 marked BRCB's first earnings call as a public company, and it reiterated its long-term goal of reaching 1,000 stores by 2035.
  • The loyalty rewards platform, launched in July 2024, continued to show strong guest adoption, driving increased frequency and check sizes, with 64% of transactions being loyalty transactions.
Nov 11, 2025, 10:00 PM
BRCB Announces Strong Q3 2025 Performance and Fiscal Year Outlook
BRCB
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • BRCB reported Q3 2025 revenue of $51 million, representing 24% year-over-year growth, and achieved Same Store Sales Growth of 10.8% for the quarter.
  • For Q3 2025, Store-Level Profit was $15 million with a 29.6% margin, and Adjusted EBITDA reached $7 million with a 13.4% margin.
  • The company's store count increased to 169 in Q3 2025, reflecting 13.4% year-over-year growth.
  • BRCB provided Fiscal Year 2025 guidance, projecting total revenue between $199 to $200 million and Consolidated Adjusted EBITDA of $26.5 to $27.0 million.
Nov 11, 2025, 10:00 PM
Black Rock Coffee Bar, Inc. completes initial public offering
BRCB
Debt Issuance
New Projects/Investments
  • Black Rock Coffee Bar, Inc. completed its initial public offering (IPO) on September 15, 2025, offering 16,911,764 shares of Class A common stock at a price of $20.00 per share.
  • The IPO generated $338.2 million in gross proceeds, which included the full exercise of the underwriters' option to purchase an additional 2,205,882 shares.
  • In connection with the IPO, the company entered into a Registration Rights Agreement and a Tax Receivable Agreement on September 11, 2025, and a Credit Agreement with JPMorgan Chase Bank, N.A. dated September 15, 2025.
  • The company was initially formed as a Delaware corporation on May 2, 2025, and subsequently converted to a Texas corporation on June 27, 2025.
Sep 16, 2025, 8:17 PM

Quarterly earnings call transcripts for Black Rock Coffee Bar.