Black Rock Coffee Bar Q2 Revenue Jumps 25% on New Stores, Comps Growth
BRCB is trading near its 52-week low of $6.11 (12% above the low).
Summary
Black Rock Coffee Bar reported Q2 revenue of $63M, a 25% year-over-year increase, driven by 4.2% same-store sales growth and 10 new store openings, bringing the total to 200 locations. Net income reached $3.2M with adjusted EBITDA of $9.4M. Full-year guidance calls for $255M-$257M in revenue and $34M-$35M in adjusted EBITDA, with plans for 38 new store openings in 2026. The company also expects 2026 capital expenditures of $42M to $43M, including anticipated tenant improvement allowances. The results reinforce the expansion story and suggest the brand is gaining traction in existing markets.
At the time of this announcement, BRCB was trading at $6.81 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $345.9M. The 52-week trading range was $6.11 to $30.40. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.