BRCB · Black Rock Coffee Bar
The AI's read
More customers are buying at existing cafes, and new locations are adding to growth. In Q3, sales grew faster than adjusted EBITDA as the company spent on new stores and longer hours. Management expects adjusted EBITDA growth above 30% in Q4 and kept its full-year sales forecast at $255 million to $257 million. Those points support a positive reading despite the slower Q3 profit growth.