BRC (BRCC) - 2024 Q3 - Quarterly Results

Exhibit 99.1 BRC Inc. Reports Third Quarter 2024 Financial Results Highlights • Wholesale revenue grew 3.5% compared to Q3 2023 while consolidated net revenue decreased 2.3% in Q3 2024 to $98.2 million. • Adjusted EBITDA of$7.1 million and Net Loss of $1.4 million, an increase of$0.9 million compared to Adjusted EBITDA of $6.2 million in Q3 2023 and an improvement of$9.3 million from Net Loss of $10.7 million in Q3 2023. • Increased midpoint guidance for Gross Margin and adjusted EBITDA, while narrowing ...