Black Rifle Coffee Company presented at the 27th Annual ICR Conference, outlining its opportunities for multi-year growth in large beverage categories and its profitability goals. The company reaffirmed its full-year fiscal 2024 guidance. This guidance, previously updated on November 4, 2024, projected net revenue between $390.0 million and $395.0 million, gross margin between 40% and 42%, and adjusted EBITDA between $35.0 million and $40.0 million.
The presentation detailed the company's strategic vision for expanding its market presence and achieving its financial objectives. This includes leveraging its mission-driven brand and strategic partnerships to drive growth. The company aims to capitalize on its position in both the coffee and emerging energy drink markets.
The long-range financial targets underscore BRCC's commitment to sustained growth and improved profitability over the coming years. This strategic communication provides investors with a clearer understanding of the company's future direction and its plans to enhance shareholder value.
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