secwatch.observer — SEC 8-K summary
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Issuer:     BRC Inc. (BRCC)
CIK:        0001891101
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001891101-25-000031
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRC Q3 revenue +2.6% to $100.7M; Adj EBITDA $8.4M vs $7.1M, gross margin down 520bps
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- Net revenue $100.7M (+2.6% YoY); Wholesale +5.3% to $67.0M, DTC -4.1% to $27.8M, Outposts +6.0% to $5.8M.
- Gross margin 36.9% vs 42.1% a year ago, driven by green coffee inflation and higher trade/slotting adjustments.
- Net loss narrowed to $1.2M from $1.4M; Adjusted EBITDA improved to $8.4M from $7.1M.
- Distribution gains: Packaged coffee ACV +9.1pp to 54.1%, RTD coffee ACV +7.3pp to 53.3%.
- FY2025 guidance: revenue at least $395M, gross margin at least 35%, Adj. EBITDA at least $20M (prior ranges $395-425M, 35-37%, $20-30M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1891101/000189110125000031/0001891101-25-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1891101/000189110125000031/brcc-20251103.htm
  HTML page:      https://secwatch.observer/filing/0001891101-25-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer