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BRC Inc. (BRCC) filed an 8-K current report with the SEC on May 4, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 fiscal 2026 results announced for quarter ended March 31, 2026.
BRC Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 fiscal 2026 results announced for quarter ended March 31, 2026
- Full-year fiscal 2026 financial guidance issued
- Detailed results and guidance furnished in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $109.2M, up 21.4%, led by Wholesale growth of 31.5% to $74.7M
- Net income reached $46K from a $7.8M loss, while Adjusted EBITDA rose to $7.3M from $0.9M
- Gross margin fell to 33.0% from 36.1%, pressured by coffee inflation, tariffs, and a $0.1M formulation-related write-down
- Distribution expanded materially, with packaged coffee ACV at 55.4% and RTD coffee ACV at 55.0%
- FY2026 outlook raised to at least 8% revenue growth and 35% Adjusted EBITDA growth
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