May. 13 at 4:51 PM
$BRCB huge overreaction to decent ER
Key positives:
Revenue grew 23.7% year-over-year to
$55.5M.
Same-store sales rose 5.2%, which is healthy in the current coffee/consumer environment.
Adjusted EBITDA grew 23.5% to
$7.4M.
Net income turned positive (
$1.8M vs a loss last year).
Management reaffirmed full-year 2026 guidance rather than cutting it.
Store expansion remains aggressive, with 36 openings still planned this year.