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BRC (BRCC) Gross Profit : $125.4 Mil (TTM As of Dec. 2023)


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What is BRC Gross Profit?

BRC's gross profit for the three months ended in Dec. 2023 was $31.7 Mil. BRC's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $125.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BRC's gross profit for the three months ended in Dec. 2023 was $31.7 Mil. BRC's Revenue for the three months ended in Dec. 2023 was $119.6 Mil. Therefore, BRC's Gross Margin % for the quarter that ended in Dec. 2023 was 26.47%.

BRC had a gross margin of 26.47% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of BRC was 43.47%. The lowest was 31.71%. And the median was 38.48%.


BRC Gross Profit Historical Data

The historical data trend for BRC's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BRC Gross Profit Chart

BRC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
35.71 69.41 89.69 99.18 125.45

BRC Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.47 27.51 32.21 34.06 31.67

Competitive Comparison of BRC's Gross Profit

For the Packaged Foods subindustry, BRC's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BRC's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BRC's Gross Profit distribution charts can be found below:

* The bar in red indicates where BRC's Gross Profit falls into.



BRC Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

BRC's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=395.623 - 270.175
=125.4

BRC's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=119.649 - 87.978
=31.7

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $125.4 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

BRC's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=31.7 / 119.649
=26.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


BRC  (NYSE:BRCC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

BRC had a gross margin of 26.47% for the quarter that ended in Dec. 2023 => Competition eroding margins


BRC Gross Profit Related Terms

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BRC (BRCC) Business Description

Traded in Other Exchanges
N/A
Address
1144 S. 500 W, Salt Lake City, UT, USA, 84101
BRC Inc is a veteran-controlled company that serves premium coffee, content, and merchandise to active military, veterans, and first responders. it is committed to producing great coffee that consumers love, and high-quality merchandise that enables its community to showcase its brand. its omnichannel distribution has three components: Direct to Consumer channel includes its e-commerce business, through which consumers order products online and products are shipped to them, The wholesale channel includes products sold to an intermediary such as convenience, grocery, drug, and mass merchandise stores, who in turn sell those products to consumers, and Outpost channel includes revenue from its Company-operated and franchised Black Rifle Coffee retail coffee shop locations.
Executives
Glenn W. Welling director, 10 percent owner 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660
Thomas E Davin director, officer: Co-Chief Executive Officer
Kathryn P Dickson director 1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416
Andrew J. Mccormick officer: Gen. Counsel & Corp. Secretary C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Stephen M Kadenacy officer: CFO C/O AECOM TECHNOLOGY CORPORATION, 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071
Christopher John Clark officer: CTO & COO 1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746
Christopher Mondzelewski officer: President and CMO C/O BRC INC., 1144 S 500 W, SALT LAKE CITY UT 84101
Steven Taslitz director C/O STERLING PARTNERS, 401 NORTH MICHIGAN AVENUE, SUITE 3300, CHICAGO IL 60611
George Munoz director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Roland Smith director, officer: Executive Chairman 2951 28TH STREET, SANTA MONICA CA 90405
Heath Richard Nielsen officer: Chief Retail Officer 1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746
Gregory James Iverson officer: Chief Financial Officer 4025 S. RIVERPOINT PARKWAY, CF-K809, PHOENIX AZ 85040
Kristina A Braendel officer: Chief Accounting Officer C/O BRC INC., 1144 S. 500 W, SALT LAKE CITY UT 84101
Engaged Capital Co-invest Xiii, Lp other: See Footnote 1 610 NEWPORT CENTER DRIVE, SUITE 250, NEWPORT BEACH CA 92660
Engaged Capital Llc 10 percent owner 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660