
Black Rifle Coffee Company (NYSE:BRCC) confirmed today that it expects to meet its previously issued financial targets for the 2025 fiscal year, despite a minor gross margin compression caused by a product formulation change.
The veteran-founded beverage company released its preliminary, unaudited results ahead of its scheduled presentation at the 28th Annual ICR Conference in Orlando, Florida.
The Salt Lake City-based firm expects to report full-year revenue of at least $395 million, consistent with its established guidance.
Additionally, the company anticipates meeting its Adjusted EBITDA target of at least $20 million.
These figures underscore a steady performance for the lifestyle brand as it continues to expand its retail footprint and wholesale distribution.
The company did note a one-time headwind: a non-cash impairment charge of approximately $1.4 million.
This charge is related to raw material inventory that became unusable following a change in product formulation.
Management clarified that the impairment is strictly a supply-chain technicality and does not reflect a softening in consumer demand or underlying operational health.
As a direct result of the impairment, Black Rifle Coffee now expects a final fiscal year gross margin between 34.5% and 34.7%, a slight adjustment from its original goal of at least 35%.
The company remains focused on its mission to support veterans and first responders, leveraging its brand loyalty to drive long-term growth in the premium coffee category.