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BRC: Will this beaten stock bounce back? 3 Things to Know (NYSE:BRCC)

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investment thesis

Due to concerns over issues of operational efficiency and profitability, BRC Inc. (NYSE:BRCC) shares remain under pressure, hovering around a record low of $4.66 a piece on the NYSE. A deeper analysis shows that BRC operates in an industry that has strong growth in the addressable market. Furthermore, BRC is working on a path to profitability in 2023. Through this strategy, the company has channelized FDM market, product innovation for RTD market and channel expansion by introducing cost control measures. Based on my analysis, BRC is showing improvement in business performance based on Q2-2023 earnings report. However, investors should wait for Q3-2023 earnings to confirm the positive trend in profitability.

Q2-2023, Wholesale Revenue

Company presentation, 2022

Company presentation, 2022

Company presentation, 2022

Q2-2023, Net Income

Source: seekingalpha.com

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