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Stock impact report

BRC Inc. Reports First Quarter 2022 Financial Results

BRC Inc. (BRCC) 
Company Research Source: Business Wire
Net Revenue Increases 35% in Q1 2022 to $66 millionMore Than Doubles Ready to Drink (RTD) Capacity To Support DemandSolidifies C-Suite with Hiring of Industry Veterans as Chief Retail Officer and Chief Technology Officer SALT LAKE CITY--(BUSINESS WIRE)--BRC Inc. (NYSE: BRCC), a rapidly growing and mission-driven premium coffee company founded to support Veterans, active-duty military, first responders and serve a broad customer base by connecting consumers with great coffee and a unique brand experience, today announced financial results for the first quarter of fiscal year 2022.“The first quarter of 2022 was another milestone on our journey as a newly public company. The strength of our brand continues to drive robust operating performance. In the quarter, RTD beverages gained materially more distribution coupled with strong velocities and our Outposts continue to grow as we expand in new and existing geographies,” said BRCC Founder and Chief Executive Officer Evan Hafer. “Our tea Show less Read more
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