Is Black Rifle Coffee on the stock market?
What is black rifle coffee company‘s stock symbol? Our stock is traded on the nyse under the symbol brcc. When was black rifle coffee company incorporated? Nyse:brcc) is the official name of the entity better known as black rifle coffee. The company recently completed its merger with silverbox engaged merger corp.Shares of Black Rifle Coffee (BRCC) dropped nearly 4. Monday after the company’s fourth-quarter revenue fell short of estimates, dampening retail sentiment. For Q4 its loss per share stood at $0. The Fly.In November 2021, Black Rifle Coffee Company merged with SilverBox Engaged Merger Corporation via a special-purpose acquisition company in an effort to raise funds for expansion and to go public. The company has a valuation of approximately $1. The merger completed in February 2022.Summary. Black Rifle Coffee continues to struggle with declining direct-to-consumer subscribers, falling margins, and lackluster EBITDA. Q2 results featured a continued drop in DTC revenue and a sharp 800 bps decay in gross margins, driven by an increasing wholesale revenue mix and higher green coffee prices.
Who are the largest shareholders of Black Rifle Coffee?
Largest shareholders include Engaged Capital LLC, Cresset Asset Management, LLC, BlackRock, Inc. QVIDTVM Management LLC, Vanguard Group Inc, VTSMX – Vanguard Total Stock Market Index Fund Investor Shares, IWM – iShares Russell 2000 ETF, Geode Capital Management, Llc, Millennium Management Llc, and State Street Corp . Brc (NYSE: BRCC) is owned by 16. Brc insiders, and 57. Mathew Best is the largest individual Brc shareholder, owning 29. M shares representing 11.