BRCB

EX-99.1

2 exhibit991_q22026earningsr.htm

EX-99.1

Document

Exhibit 99.1

Black Rock Coffee Bar, Inc. Reports Second Quarter 2026 Results

Total Revenue Growth of 25.0% Year Over Year in the Second Quarter

Same Store Sales Growth of 4.2% Year Over Year in the Second Quarter

Opened 10 New Stores in the Second Quarter

SCOTTSDALE, Ariz., August 11, 2026 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, Inc. (Nasdaq: BRCB) (“Black Rock Coffee Bar” or the “Company”) today announced financial results for the second quarter ended June 30, 2026.

Second Quarter 2026 Highlights

•Opened 10 new stores during the period

•Total revenue of $63.0 million, up 25.0% compared to the prior year period

•Same Store Sales Growth(1) increased 4.2% compared to the prior year period

•Income from operations of $4.1 million compared to $3.3 million in the prior year period. In the second quarter of 2026, income from operations margin was 6.5%

•Store-Level Profit(2) of $19.0 million as compared to $14.9 million in the prior year period. In the second quarter of 2026, Store-Level Profit Margin was 30.2%

•Selling, general, and administrative (“SG&A”) expenses of $9.8 million, or 15.6% of total revenue, compared to $7.9 million, or 15.6% of total revenue, in the prior year period

•Adjusted SG&A Expenses(2) of $8.4 million, or 13.4% of total revenue, compared to $6.0 million, or 12.0% of total revenue, in the prior year period

•Net income grew 403.3% to $3.2 million, as compared to a net loss of $(1.1) million in the prior year period

•Adjusted EBITDA(2) grew 17.2% to $9.4 million, as compared to $8.0 million in the prior year period

•Total store operating weeks(1) of 2,510, as compared to 2,015 in the prior year period

“We delivered another strong quarter, where revenue increased 25% and adjusted EBITDA grew 17% year-over-year, reflecting the continued strength of our brand, customer engagement strategy, and operating model. Same store sales growth increased 4.2%, or 15.1% on a two-year basis, despite lapping a particularly strong 10.9% same store sales growth comparison from the prior year, underscoring the resilience of customer demand and the consistency of our overall performance. During the quarter, we opened 10 new locations, reaching 200 stores systemwide, while continuing to execute against our disciplined expansion strategy. Deepening guest engagement, fostering a people-oriented culture and growing our market presence remain key priorities. During the quarter, we continued to invest in initiatives to expand opportunities to engage with our customers, including new and exciting menu offerings, loyalty segmentation and daypart-based offers, and extended operating hours. At the same time, we continue to grow our presence and build brand awareness in our existing markets, while the visibility provided by our largely committed 2026 and 2027 development pipeline reinforces our confidence in the significant expected whitespace opportunity ahead. Combined with the strength of our high-performing, culture-driven team and growing leadership pipeline, we believe we are well positioned to scale and deliver sustainable long-term growth," said Mark Davis, Chief Executive Officer.

Balance Sheet & Liquidity

As of June 30, 2026, Cash and cash equivalents totaled $16.0 million and total debt was $30.6 million, consisting of $18.6 million outstanding under our credit facility and $12.0 million of financing obligations related to certain reverse build-to-suit lease arrangements.

As of June 30, 2026, outstanding principal under the Company's term loan facility was $19.6 million. The Company's $25 million revolving credit facility remains undrawn.

1

Full Year 2026 Outlook

The Company is updating its full year 2026 guidance to:

•38 new store openings

•Total Revenue in the range of $255 to $257 million

•Same Store Sales growth in the mid-single digits

•Adjusted EBITDA in the range of $34 to $35 million(3)

•Capital Expenditures in the range of $42 to $43 million which includes anticipated tenant improvement allowances

(1) Same Store Sales Growth and total store operating weeks are defined in the section "Key Performance Measures".

(2) See “Non-GAAP Financial Measures” for a discussion of Store-Level Profit, Store-Level Profit Margin, Adjusted Selling, General, and Administrative Expenses, and Adjusted EBITDA and reconciliation of each measure to its most directly comparable GAAP measure.

(3) A reconciliation of adjusted EBITDA outlook to GAAP net income is not available without unreasonable efforts due to the inherent difficulty in forecasting and quantifying with reasonable accuracy significant items required for the reconciliation, including share-based compensation.

Conference Call and Webcast Information

Black Rock Coffee Bar will host a conference call on August 11, 2026, at 5:00 p.m. Eastern Time to discuss second quarter ended June 30, 2026 results. The conference call can be accessed live over the phone by dialing 1-877-7

EX-99.1

2 exhibit991_q12026earningsr.htm

EX-99.1

Document

Exhibit 99.1

Black Rock Coffee Bar, Inc. Reports First Quarter 2026 Results

Total Revenue Growth of 23.7% Year Over Year in the First Quarter

Same Store Sales Growth of 5.2% Year Over Year in the First Quarter

Opened 9 New Stores in the First Quarter

SCOTTSDALE, Ariz., May 12, 2026 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, Inc. (Nasdaq: BRCB) (“Black Rock Coffee Bar” or the “Company”) today announced financial results for the first quarter ended March 31, 2026.

First Quarter 2026 Highlights

•Opened 9 new stores during the period

•Total revenue of $55.5 million, up 23.7% compared to the prior year period

•Same Store Sales Growth(1) increased 5.2% compared to the prior year period

•Income from operations of $2.7 million compared to $2.3 million in the prior year period. In the first quarter of 2026, income from operations margin was 4.8%

•Store-Level Profit(2) of $16.4 million as compared to $12.7 million in the prior year period. In the first quarter of 2026, Store-Level Profit Margin was 29.6%

•Selling, general, and administrative (“SG&A”) expenses of $9.2 million, or 16.7% of total revenue, compared to $6.9 million, or 15.4% of total revenue, in the prior year period

•Adjusted SG&A Expenses(2) of $7.9 million, or 14.3% of total revenue, compared to $6.0 million, or 13.3% of total revenue, in the prior year period

•Net income grew 303.5% to $1.8 million, as compared to a net loss of $(0.9) million in the prior year period

•Adjusted EBITDA(2) grew 23.5% to $7.4 million, as compared to $6.0 million in the prior year period

•Total store operating weeks(1) of 2,357, as compared to 1,944 in the prior year period

“We delivered a strong first quarter, with both revenue and adjusted EBITDA up 24% year-over-year, reflecting the strength and resiliency of our customer base and operating model. Same store sales increased 5.2%, or 14.4% on a two-year basis, and we opened nine new locations in the quarter as we continued to execute against our disciplined expansion strategy. Our performance continues to be underpinned by our three strategic priorities – deepening customer engagement, strengthening our people-oriented culture, and expanding our marketing presence – which remain central to driving traffic, engagement, and profitable growth. Our broad and balanced demographic profile, steady demand across day parts and days of the week, and a coffee‑led mix with growing food attachment and energy mix growth, positions us well to perform consistently and navigate periods of macro uncertainty. As we move through 2026, we remain focused on executing against our strategic priorities and delivering sustainable growth and long-term value creation for our shareholders,” said Mark Davis, Chief Executive Officer.

Balance Sheet & Liquidity

As of March 31, 2026, Cash and cash equivalents totaled $20.0 million and total debt was $27.4 million, consisting of $18.7 million outstanding under our credit facility and $8.7 million of financing obligations related to certain reverse build-to-suit lease arrangements.

As of March 31, 2026, outstanding principal under the Company's term loan facility was $19.8 million. The Company's $25 million revolving credit facility remains undrawn.

1

Full Year 2026 Outlook

The Company is reaffirming its full year 2026 guidance of:

•36 new store openings

•Total Revenue in the range of $255 to $257 million

•Same Store Sales growth in the mid-single digits

•Adjusted EBITDA in the range of $33.5 to $34.5 million(3)

•Capital Expenditures in the range of $40 to $41 million which includes anticipated tenant improvement allowances

(1) Same Store Sales Growth and Total store operating weeks are defined in the section "Key Performance Measures".

(2) See “Non-GAAP Financial Measures” for a discussion of Store-Level Profit, Store-Level Profit Margin, Adjusted Selling, General, and Administrative Expenses, and Adjusted EBITDA and reconciliation of each measure to its most directly comparable GAAP measure.

(3) A reconciliation of adjusted EBITDA outlook to GAAP net income is not available without unreasonable efforts do to the due to the inherent difficulty in forecasting and quantifying with reasonable accuracy significant items required for the reconciliation, including share-based compensation.

Conference Call and Webcast Information

Black Rock Coffee Bar will host a conference call on May 12, 2026, at 5:00 p.m. Eastern Time to discuss first quarter ended March 31, 2026 results. The conference call can be accessed live over the phone by dialing 1-877-704-4453 or for international callers, 1-201-389-0920. A replay will be available two hours after the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the live call and the replay is 13759461. The replay will be available until Tuesday, May 26, 2026. A live webcast of the conference call and related presentation

brcb-20260225

0002068577false00020685772026-02-252026-02-25

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 25, 2026

Black Rock Coffee Bar, Inc.

(Exact name of registrant as specified in its charter)

Texas001-4284433-5053729

(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification Number)

9170 E. Bahia Drive, Suite 101

Scottsdale, AZ 85260

(Address of principal executive offices, including Zip Code)

Registrant’s telephone number, including area code: (458) 256-9668

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered

Class A common stock, $0.00001 par value per shareBRCBThe Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02                Results of Operations and Financial Condition.

On March 3, 2026, Black Rock Coffee Bar, Inc. (the “Company”) announced its financial results for the three months and year ended December 31, 2025. The full text of the press release issued by the Company in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K (this “Current Report”).

The information contained in Item 2.02 of this Current Report (including Exhibit 99.1 attached hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly provided by specific reference in such a filing.

Item 5.02                Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 25, 2026, the Company received notice from Messrs. Bryan Pereboom and Jake Spellmeyer, each members of the Company’s Board of Directors (the “Board”), of their decisions to resign from the Board effective immediately.

The decision of Messrs. Pereboom and Spellmeyer to retire was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

Item 9.01                Financial Statements and Exhibits.

(d)Exhibits.

Exhibit No.Description

99.1 Press Release, dated March 3, 2026.

104 Cover Page Interactive Data File (embedded within the inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BLACK ROCK COFFEE BAR, INC.

Date: March 3, 2026By:/s/ Samuel J. Seiberling

Samuel J. Seiberling

Chief Legal Officer