Black Rock Coffee Bar (BRCB) Q2 FY26 earnings call

Black Rock Coffee Bar delivered a strong second quarter, marked by robust revenue growth and expanding store-level margins, driven by customer engagement initiatives and disciplined execution. Despite a temporary dip in transactions due to loyalty program adjustments, July saw positive transaction growth, reinforcing confidence in the brand's underlying strength. The company raised its new store opening guidance, demonstrating accelerated expansion while managing public company costs, with expectations for EBITDA growth to outpace revenue in the second half.