Black Rock Coffee Bar preps for the first IPO in the restaurant sector in three years Jul. 31, 2025 6:46 AM ETRenaissance IPO ETF (IPO)SBUX,QSR,BROS Black Rock Coffee Bar reportedly confidentially filed for an initial public offering in the U.S. in a deal that is being targeted for a valuation over $1 billion for the restaurant chain. The confidential nature of the filing allows the Scottsdale, Arizona-based company tokeep financial details private while gauging regulator and investor interest. While the founders and their partners of Black Rock Coffee Bar have historically maintained a founder-controlled structure, a public offering signals a desire to scale nationally and meet rising competition from both large and regional coffee brands in the U.S. Black Rock Coffee Bar was founded in 2008 in Oregon by Jeff Hernandez and Daniel Brand, originally alongside several partner families with backgrounds in construction and coffee. The early vision was to provide not only premium coffee but also create spaces fostering community connections, a mission rooted in the culturally rich coffee landscape of the Pacific Northwest. The first location opened as a modest 150-square-foot shop in Beaverton, Oregon, Over the past fifteen years, Black Rock has seen significant expansion, growing from a handful of stores in Oregon to more than 150 locations across Arizona, California, Colorado, Idaho, Oregon, Texas, and Washington. The company attributes its growth to a strong culture, opportunities for young employees, and consistent quality and service. Black Rock Coffee Bar has attracted backing from prominent private equity groups. Notably, in 2020, The Cynosure Group made a strategic growth investment to support accelerated expansion in high-growth markets. Reports also indicate involvement from The Riverside Company, which helped Black Rock navigate the difficulties presented by the COVID-19 pandemic by contributing valuable expertise and guidance in addition to capital. Looking ahead, a rapid expansion by Black Rock Coffee Bar could be a competitive threat for coffee chains such as Starbucks (SBUX), Dunkin', Tim Hortons (QSR), Scooter's Coffee, Peet's Coffee, and Dutch Bros. (BROS). For the IPO market, Black Rock Coffee Bar could mark the first new company from the restaurant sector in three years. Good marketing dig the cup logo https://www.youtube.com/shorts/-gykttyXERM
Sounds like Figma might take a bite out of ADBE's pie. I don't even have to look, I bet ADBE's chart looks horrible. RDDT up $11 in the pre's.
Good Morning All Stoney / VZ Is Market topping out now? VZ - need help from magic pencil, please! Leadership -- dude read that situation ahead of the crowd and responds ---boom
Not topping out but setting up for a traditional pullback. GBA flagged waning momentum a ways back but we pointedly did not raise cash. We have seen signs of rotation into value. The question is how long that will go before the usual tech fall back.
Lightspeed price target raised by $2 at BTIG,» 11:32 LSPD Tamarack Valley Energy price target raised by C$1.25 at Canaccord » 10:58 TNEYF Tamarack Valley Energy price target raised by C$1 at RBC Capital » 10:46 TNEYF
Van we could take a bite out of UTZ here-: down 8% on earn> Utz signals EBITDA margin expansion and revised EPS guidance amid infrastructure investments Jul. 31, 2025 12:37 PM ETUtz Brands, Inc. (UTZ) Stock Earnings Call Insights: Utz Brands, Inc. (UTZ) Q2 2025 Management View CEO Howard A. Friedman reported confidence in the company's full-year EBITDA outlook, stating that investments made to drive top-line growth are “coming through” and highlighted that “Q3 is typically a significant step up versusQ2.” Friedman emphasized accelerated capital expenditure (CapEx) supporting productivity savings, a recently announced plant closure impacting the back half of the year, and a positive portfolio mix. He added, “we feel like it's -- we're in a good place on the guide and have some clarity and line of sight to the productivity savings and the margin expansion as we progress through the rest of the year.” Friedman indicated that distribution gains, improved C-store performance, and investment in geographic expansion are supporting strong top-line results, as “measured and unmeasured channels, all kind of moving together very positively.” On the revision to EPS guidance, CFO William J. Kelley said, “The original guide that we put in place was the EPS growth of 10% to 15%. We revised that in our print yesterday to be -- or this morning to be 7% to 10%.” Kelley attributed this to higher CapEx spending, increased cash interest, and higher depreciation and amortization, explaining, “On the interest side...we borrowed a bit more sooner...that's picking up there in terms of more interest. On the CapEx side, we did confirm a higher spend on the -- higher end of our range on CapEx and we spent more of that more quickly than in the past.” Kelley also stated, “we are confident that 2025 will be the peak of our CapEx spending.” Outlook Management maintained confidence in achieving full-year EBITDA growth, with productivity savings and margin expansion expected to accelerate in the second half of the year. Friedman said, “we obviously nudged up the low end from 6 to 10 to 7 to 10.” EPS growth guidance was revised to 7% to 10%, down from the previous 10% to 15%, due to increased interest and depreciation from accelerated CapEx. Kelley noted, “the impact of our revision, the midpoint to midpoint is about $0.03. Half of that is interest. The other half is D&A.” Management stated that 2025 will be the peak for CapEx spending.