Black Rock Coffee Bar

Q2 FY2026 EarningsQ2 FY26 revenue of $63.0M missed the $64.58M consensus by 2.4%, as a 2.0% decline in guest traffic partially offset the benefits of 4.2% same-store sales growth. Operating income (EBIT) of $4.10M beat the $3.91M estimate by 4.9% due to disciplined store-level cost management and a 70 bps expansion in Store-Level Profit Margin to 30.2%. GAAP EPS of $0.06 fell short of the $0.067 consensus, pressured by higher equity-based compensation and complex noncontrolling interest allocations following the 2025 IPO.