{"schema_version":"secwatch.filing_event.v1","accession":"0001891101-23-000017","form_type":"8-K","ticker":"BRCC","cik":"0001891101","company_name":"BRC Inc.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.515385+00:00","generated_at":"2026-06-15T04:58:45.571860+00:00","sec_items":["2.02","5.07","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BRC Inc. Q1 revenue up 27% to $83.5M, net loss $17.3M; reaffirms FY2023 guidance; appoints new CMO","bullets":["Net revenue $83.5M (+27% YoY); wholesale revenue $40.0M (+82% YoY) led by FDM and RTD expansion.","Net loss $17.3M; Adjusted EBITDA $(5.1)M, sequential improvement from $(11.4)M in Q4 2022.","Reaffirms FY2023 guidance: revenue $400-$440M, gross margin 36%-37.5%, adjusted EBITDA $5M-$20M.","Appoints Chris Mondzelewski as CMO; former Chief Growth Officer for Mars' $12B+ Global Petcare business and US Marine Corps veteran.","Gross margin 33.0% down 230 bps due to raw coffee costs and $1.8M startup costs for new RTD products."],"urls":{"canonical":"https://secwatch.observer/filing/0001891101-23-000017","json":"https://secwatch.observer/filing/0001891101-23-000017.json","markdown":"https://secwatch.observer/filing/0001891101-23-000017.md","text":"https://secwatch.observer/filing/0001891101-23-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1891101/000189110123000017/0001891101-23-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1891101/000189110123000017/brcc-20230505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:58:45.571860+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"16764ddb91e798f95ae80a538cedcaed83cfcbd9","claim":"BRC Inc. reported first quarter ended March 31, 2023 results: revenue $83.5 million, net income $17.3 million. Guidance reaffirmed.","evidence_excerpt":"First Quarter 2023 Financial Details • Net revenue of $83.5 million was an increase of 27% year-over-year. • Gross profit increased year-over-year to $27.5 million representing a 33% gross margin. • Net loss of $17.3 million • Adjusted EBITDA (non-GAAP) of $(5.1) million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1891101/000189110123000017/0001891101-23-000017-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$83.5 million"},{"label":"Net income","value":"$17.3 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"552ef5269d18167d09c7cfcc260ea0d9fc657816","claim":"BRC Inc. shareholders approved Ratification of the Appointment of the Independent Registered Public Accountants at the 2023-05-05 meeting.","evidence_excerpt":"The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The voting results were as follows: For Against Abstain 125,212,826 295,318 4,870,386","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1891101/000189110123000017/0001891101-23-000017-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-05"}],"fact_type":"shareholder_vote"},{"claim_id":"70241fa451c68c6b58c887778225024781fa96c9","claim":"BRC Inc. shareholders approved Election of Directors at the 2023-05-05 meeting.","evidence_excerpt":"The stockholders elected both of the Class I nominees to serve as directors until the Company’s Annual Meeting of Stockholders in 2026. The voting results were as follows: Nominee For Withheld Broker Non-Votes Kathryn Dickson 106,974,428 12,522,290 10,881,812 Roland Smith 111,492,016 8,004,702 10,881,812","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1891101/000189110123000017/0001891101-23-000017-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-05"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}