BRC Inc. Reports Third Quarter 2026 Financial Results
BRC Inc. posted Q3 2026 revenue of $108.0 million, up 7.3% year-over-year, driven by Wholesale (+8.1%) and DTC (+8.5%) growth, with Adjusted EBITDA up 12.3% to $9.5 million. Net loss widened to $8.7 million from $1.2 million a year ago, driven by an $11.7 million impairment of Outpost assets and a legal contingency accrual under the new Project Core initiative. Project Core moves the company toward an asset-light model: 12 Outposts closing, eight lease modifications, a non-core DTC brand divested, and the Manchester roasting facility being sold to a manufacturing partner.
Key figures
- Revenue
- 108000000
- Guidance
- FY2026 reaffirmed: net revenue at least 8% growth, gross margin 34%-36%, Adjusted EBITDA at least 35% growth; incorporates ~$3M Q4 revenue headwind from divestiture and Outpost closures
- Revenue Yoy
- 7.3%
- Net loss
- 8700000
- Dtc revenue
- 30200000
- Gross margin
- 37.1%
- Gross profit
- 40100000
- Tariff refunds
- $3.5 million
- Adjusted ebitda
- 9500000
- Outpost revenue
- 5400000
- Asset impairment
- $11.7 million
- Outposts closing
- 12
- Wholesale revenue
- 72500000
- Adjusted ebitda yoy
- 12.3%
- Prior year net loss
- 1200000
AI analysis
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