Black Rifle Coffee Company Unleashes Era of Energy Innovation With New Line of Black Rifle Energy™ Beverages

Rhea-AI Summary

Black Rifle Coffee Company (NYSE: BRCC) is expanding into the energy product category with a new line of Black Rifle Energy™ beverages. Set to launch in late Q4 and arrive nationwide in early 2025, these drinks feature BRCC's proprietary Energy Blend with naturally sourced caffeine. The company, known for its premium coffee and pro-American values, sees this as an opportunity to enter the $20 billion energy beverage market and strengthen relationships with existing customers while attracting new ones.

CEO Chris Mondzelewski emphasized that this move aligns with BRCC's commitment to product innovation and its core mission of supporting the service community. As the fastest-growing brand in the ready-to-drink coffee space, BRCC aims to revolutionize the premium beverage market with this bold entry into energy drinks.

Positive

• Expansion into the $20 billion energy beverage market
• Launch of new Black Rifle Energy™ line expected in late Q4 2024
• Nationwide availability planned for early 2025
• Fastest-growing brand in the ready-to-drink coffee space
• Potential to attract new consumers and strengthen brand loyalty

Negative

• None.

Insights

Market Research Analyst

Black Rifle Coffee Company's entry into the $20 billion energy beverage market is a strategic move with significant potential. As the fastest-growing brand in ready-to-drink coffee, BRCC is leveraging its existing strengths to diversify its product portfolio. This expansion could broaden their consumer base and increase revenue streams.

However, the energy drink market is highly competitive, dominated by established players. BRCC's success will depend on its ability to differentiate its product and effectively transfer its brand loyalty from coffee to energy drinks. The late Q4 launch and nationwide availability in early 2025 give the company time to refine its marketing strategy but may also allow competitors to react.

Investors should monitor initial sales performance and market reception closely, as this move could significantly impact BRCC's future growth trajectory and stock performance.

Financial Analyst

BRCC's expansion into the energy drink market represents a potentially lucrative growth opportunity. The company's strong brand recognition and loyal customer base provide a solid foundation for this new venture. However, investors should consider several financial implications:

• Initial capital expenditure for product development and production facilities
• Potential increase in marketing expenses to promote the new product line
• Possible pressure on profit margins during the initial launch phase

The energy drink market's high margins could positively impact BRCC's overall profitability if the launch is successful. Investors should watch for updates on production costs, pricing strategy and initial sales figures to gauge the potential financial impact on BRCC's bottom line and stock performance.

SALT LAKE CITY--(BUSINESS WIRE)-- Black Rifle Coffee Company (NYSE: BRCC) (“BRCC,” “the company”), a rapidly-growing, mission-driven lifestyle brand and premium coffee company, is expanding into the energy product category with the launch of a new line of high-octane, ready-to-drink Black Rifle Energy™ beverages expected to premier in late Q4 and arrive nationwide in early 2025.

BRCC has dominated the premium coffee space for nearly a decade with its bold roasts and even bolder content strategy. The company's unwavering commitment to pro-American values and its relentlessly service-forward mission have earned the support of a loyal customer base, driving successful growth in new markets. Now, BRCC is kicking into high gear by expanding its ready-to-drink offerings with a new selection of delicious Black Rifle Energy™ beverages. Powered by BRCC’s proprietary Black Rifle Energy™ Blend, these drinks are crafted with naturally sourced caffeine that delivers a punch in attention-grabbing packaging featuring BRCC’s one-of-a-kind designs.

“Black Rifle Coffee Company is always at the cutting edge, and so are our customers,” said BRCC CEO, Chris Mondzelewski. “They’re looking for new ways to fuel their next adventure, and we’re with them every step of the way. We see an opportunity not only to expand our brand offerings, but to give consumers a simply delicious beverage that stands out in the existing market. We’ve already demonstrated our commitment to introducing products that elevate brand experience and ultimately help advance our core mission of giving back to the service community. Black Rifle Energy™ is the latest proof that we’re serious about that commitment.”

With the launch of Black Rifle Energy™, BRCC is entering an era of brand-forward product innovation that will allow the company to strengthen relationships with brand loyalists while inviting new consumers to enjoy its beverages. This move marks the company’s audacious entry into the more than $20 billion energy beverage category, and as the fastest-growing brand in the ready-to-drink coffee space, this is a clear opportunity for BRCC to meet the evolving tastes of existing and new consumers. Combining BRCC’s energy expertise with its commitment to using the highest-quality ingredients, the company has developed a product that remains true to Black Rifle values while revolutionizing the premium beverage space.

Stay tuned for more updates and exclusive previews ahead of the Black Rifle Energy™ launch.

About Black Rifle Coffee Company

Black Rifle Coffee Company (BRCC) is a Veteran-founded coffee company and lifestyle brand serving premium coffee to people who love America. Founded in 2014 by Green Beret Evan Hafer, Black Rifle develops their explosive roast profiles with the same mission focus they learned while serving in the military. The company's creative and entertaining approach to marketing has attracted more than 6 million followers across social media platforms. BRCC is committed to supporting Veterans, active-duty military, first responders, and the American way of life.

To learn more, visit www.blackriflecoffee.com, subscribe to the BRCC newsletter, or follow along on social media.

Forward-Looking Statements

This press release contains forward-looking statements about the Company and its industry that involve substantial risks and uncertainties. All statements other than statements of historical fact contained in this press release, including statements regarding the Company’s intentions, beliefs or current expectations concerning, among other things, the Company’s financial condition, liquidity, prospects, growth, strategies, future market conditions, developments in the capital and credit markets and expected future financial performance, as well as any information concerning possible or assumed future results of operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking.

The events and circumstances reflected in the Company’s forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Factors that may cause such forward-looking statements to differ from actual results include, but are not limited to: competition and our ability to grow and manage growth sustainably and retain our key employees; failure to achieve sustained profitability; negative publicity affecting our brand and reputation, or the reputation of key employees; failure to manage our debt obligations; failure to effectively make use of assets received under bartering transactions; failure by us to maintain our message as a supportive member of the Veteran and military communities and any other factors which may negatively affect the perception of our brand; our limited operating history, which may make it difficult to successfully execute our strategic initiatives and accurately evaluate future risks and challenges; failed marketing campaigns, which may cause us to incur costs without attracting new customers or realizing higher revenue; failure to attract new customers or retain existing customers; risks related to the use of social media platforms, including dependence on third-party platforms; failure to provide high-quality customer experience to retail partners and end users, including as a result of production defaults, or issues, including due to failures by one or more of our co-manufacturers, affecting the quality of our products, which may adversely affect our brand; decrease in success of the direct to consumer revenue channel; loss of one or more co-manufacturers, or delays, quality, or other production issues, including labor-related production issues at any of our co-manufacturers; failure to manage our supply chain, and accurately forecast our raw material and co-manufacturing requirements to support our needs; failure to effectively manage or distribute our products through our Wholesale business partners, especially our key Wholesale business partners; failure by third parties involved in the supply chain of coffee, store supplies or merchandise to produce or deliver products, including as a result of ongoing supply chain disruptions, or our failure to effectively manage such third parties; changes in the market for high-quality coffee beans and other commodities; fluctuations in costs and availability of real estate, labor, raw materials, equipment, transportation or shipping; failure to successfully compete with other producers and retailers of coffee; failure to successfully open new Black Rifle Coffee Outposts, including failure to timely proceed through permitting and other development processes, or the failure of any new or existing Outposts to generate sufficient sales; failure to properly manage our rapid growth, inventory needs, and relationships with various business partners; failure to protect against software or hardware vulnerabilities; failure to build brand recognition using our intellectual properties or otherwise; shifts in consumer spending, lack of interest in new products or changes in brand perception upon evolving consumer preferences and tastes; failure to adequately maintain food safety or quality and comply with food safety regulations; failure to successfully integrate into new domestic and international markets; risks related to leasing space subject to long-term non-cancelable leases and with respect to real property; failure of our franchise partners to successfully manage their franchises; failure to raise additional capital to develop the business; risks related to supply chain disruptions; risks related to unionization of employees; failure to comply with federal state and local laws and regulations, or failure to prevail in civil litigation matters; and other risks and uncertainties indicated in our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission (the “SEC”) on March 6, 2024 including those set forth under “Item 1A. Risk Factors” included therein, as well as in our other filings with the SEC. Such forward-looking statements are based on information available as of the date of this press release and the Company’s current beliefs and expectations concerning future developments and their effects on the Company. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not place undue reliance on these forward-looking statements as predictions of future events. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cannot guarantee that the future results, growth, performance or events or circumstances reflected in these forward-looking statements will be achieved or occur at all. These forward-looking statements speak only as of the date of this press release. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240807391806/en/

Media:



Press@blackriflecoffee.com

Source: Black Rifle Coffee Company

FAQ

When will Black Rifle Coffee Company (BRCC) launch its new energy drink line?

Black Rifle Coffee Company plans to launch its new Black Rifle Energy™ beverage line in late Q4 2024, with nationwide availability expected in early 2025.

What is the size of the energy beverage market that BRCC is entering?

BRCC is entering the energy beverage market, which is valued at more than $20 billion.

What is unique about Black Rifle Coffee Company's new energy drinks?

Black Rifle Energy™ beverages feature BRCC's proprietary Energy Blend with naturally sourced caffeine and are packaged in attention-grabbing designs that align with the company's brand.

How does the new energy drink line align with BRCC's business strategy?

The launch of Black Rifle Energy™ aligns with BRCC's strategy of brand-forward product innovation, aiming to strengthen relationships with existing customers while attracting new consumers to the brand.