Black Rock Coffee Bar, Inc. Class A Common StockCompany raises 2026 adjusted EBITDA guidance and new store target, with strong Q2 results and margin expansion.

Black Rock Coffee Bar raised its full-year 2026 adjusted EBITDA guidance to a range of $34 million to $35 million, up from the prior $33.5 million to $34.5 million, and increased its new store opening target to at least 38 from 36. The company reported second-quarter total revenue of $63 million, store-level profit of $19 million, and consolidated adjusted EBITDA of $9.4 million, with store-level margins expanding 70 basis points to 30.2%. Same-store sales rose 4.2%, or 15.1% on a two-year basis, while transactions declined 2%, partly due to free drink redemptions from a loyalty platform transition. Management noted that July same-store transactions turned positive at 1.7% and that the company reached 200 locations system-wide after opening 10 new stores in the quarter. Full-year total revenue is now expected in the range of $255 million to $257 million, with same-store sales growth in the mid-single digits.
Black Rock Coffee Bar, Inc. Class A Common StockCompany raises 2026 adjusted EBITDA guidance and new store target, with strong Q2 results and margin expansion.