BRC, Inc. (NYSE:BRCC) Q1 2024 Results Conference Call May 9, 2024 8:30 AM ET

Company Participants

Tanner Doss - Vice President of Investor Relations
Chris Mondzelewski - President, Chief Executive Officer & Director
Steve Kadenacy - Chief Financial Officer & Principal Accounting Officer

Conference Call Participants

Michael Baker - D.A. Davidson
George Kelly - ROTH Capital Partners
Matt McGinley - Needham & Company

Operator

Greetings, and welcome to the Black Rifle Coffee Company First Quarter 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Tanner Doss, Vice President of Investor Relations.

Thank you, Tanner. You may begin.

Tanner Doss

Good morning, everyone. Thank you for joining Black Rifle Coffee Company's conference call to discuss our first quarter 2024 financial results, which were released yesterday and can be found on our website at ir.blackriflecoffee.com.

Before we start, I would like to remind you of the company's safe harbor language, which I'm sure you're all familiar with. On today's call, management may make forward-looking statements including guidance and underlying assumptions. Forward-looking statements are based on expectations that involve risks and uncertainties that could cause actual results to differ materially. For further discussion of risks related to our business, please see our previous filings with the SEC.

This call will also contain non-GAAP financial measures such as adjusted EBITDA. Whenever we refer to EBITDA in our comments, we're referring to adjusted EBITDA unless otherwise noted. Reconciliations of these non-GAAP measures to the most comparable GAAP measures are included in the earnings release furnished to the SEC, and they're also available on our investor website.

Now if you could please turn to Slide 4 in the presentation we provided on our Investor Relations website, I'd like to turn the call over now to Chris Mondzelewski, CEO of Black Rifle Coffee Company. Mondz?

Chris Mondzelewski

Thanks, Tanner, and good morning, everyone.

Joining me today is Evan Hafer, our Founder and Executive Chairman, and Steve Kadenacy, our Chief Financial Officer. We've provided a presentation that we will refer to throughout the call, which you can find on our investor website.

Please turn to Slide 4. In our last meeting, we discussed the importance of holistic management of our business. We have already demonstrated we have a phenomenal consumer brand and mission, driving fantastic growth and industry-leading loyalty. Over the past 9 months, the management team and I have challenged our organization to build a profitable business as well. While continuing our industry-leading growth, we have stretched our team and resources to deliver core margin and expense control.