earnings
confidence high
sentiment negative
materiality 0.80
BRC Inc. reports Q1 loss; revenue down 8.6% YoY; lowers gross margin guidance to 35-37%
BRC Inc.
2025-Q1 EPS reported
-$0.04
revenue$89,974,000
- Net loss of $7.8M vs net income of $1.9M in Q1 2024; Adj. EBITDA fell to $0.9M from $12.5M.
- Revenue $90.0M (-8.6% YoY); wholesale down 6% on $8.5M barter revenue reduction, DTC down 15%.
- Gross margin 36.1% vs 42.9% prior year; FY2025 gross margin guidance lowered to 35-37% (from 37-39%) due to tariffs.
- Black Rifle Energy reached 21% ACV in first 3 months; packaged coffee distribution up to 50.2% ACV.
- Marketing spend up 48.8% to $11.3M; salaries down 11.1% on headcount reduction.