BRC Inc. Q2 Revenue Reaches $107M, Loss Narrows to $0.2M; Chairman Adopts 10b5-1 Plan
BRCC sits 93% above its 52-week low of $0.6.
Summary
BRC Inc. posted Q2 2026 revenue of $107 million, a 12.8% increase, and narrowed its net loss to $0.2 million. Executive Chairman Evan Hafer adopted a 10b5-1 plan to sell up to 2.88 million shares, and shareholders authorized a reverse stock split to support the stock price.
Key Events · Earnings and Guidance · BRCC
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Q2 Revenue and Earnings
Driven by wholesale channel growth, revenue reached $107.0 million, up 12.8% year-over-year. The net loss shrank to $0.2 million from $14.5 million a year ago, and adjusted EBITDA turned positive.
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Chairman 10b5-1 Plan
On June 15, 2026, Executive Chairman Evan Hafer adopted a Rule 10b5-1 trading plan to sell up to 2.88 million shares of Class A common stock beginning September 29, 2026, through September 28, 2027.
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Reverse Stock Split Authorization
Shareholders approved a reverse stock split on May 28, 2026, granting the board discretion to implement a ratio between 1-for-10 and 1-for-50 to maintain NYSE listing compliance.
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Operational Improvement Plan Savings
The company realized $10.4 million of annualized savings from its Operational Improvement Plan, exceeding the $12.2 million target, with actions substantially complete.
Analysis · BRCC · Manufacturing
A standout quarter for BRC Inc. saw revenue climb 12.8% to $107 million, while the net loss shrank dramatically to just $0.2 million from $14.5 million a year ago. Adding a potential overhang, Executive Chairman Evan Hafer adopted a 10b5-1 trading plan to sell up to 2.88 million shares starting September 29, 2026. Meanwhile, shareholders have authorized a reverse stock split, giving the board discretion to implement a ratio between 1-for-10 and 1-for-50 to maintain NYSE listing compliance.
At the time of this filing, BRCC was trading at $1.16 on NYSE in the Manufacturing sector, with a market capitalization of approximately $262M. The 52-week trading range was $0.60 to $1.86. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.