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UNBELIEVABLE: Black rock coffee bar q1 earnings call highlights | History Defined

Mark Davis Phoenix MarketBeat

Black Rock Coffee Bar (NASDAQ:BRCB) reported higher first-quarter revenue and adjusted EBITDA as the drive-thru coffee chain continued opening new locations and leaned on loyalty, menu innovation and marketing initiatives to drive guest engagement.

Chief Executive Officer Mark Davis said the company delivered first-quarter revenue and adjusted EBITDA growth of 24% compared with the prior-year period, which he said was ahead of the company’s long-term growth algorithm. Chief Financial Officer Rodd Booth said total revenue rose 23.7% year over year to $55.5 million.

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