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BRC Inc. reported a 39% increase in net revenue for Q2 2023, reaching $91.9 million, driven by a 109% growth in wholesale sales. The company achieved positive adjusted EBITDA of $0.1 million and reaffirmed its profitability outlook for the year, despite a net loss of $14.7 million. Additionally, BRC Inc. launched new grocery partnerships and refinanced its credit facility to enhance liquidity for future growth.

Author

Ardhito Primatama

Language

EN