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Black Rock Coffee Bar posts significant third quarter loss as high costs offset surging revenues

The drive-thru coffee chain reported strong like-for-like sales growth in its first quarterly earnings release since its public listing, but saw losses widen amid high operational costs and investment in expansion

A Black Rock outlet in Phoenix, Arizona | Photo credit: Black Rock Coffee Bar

The drive-thru coffee chain reported strong like-for-like sales growth in its first quarterly earnings release since its public listing, but saw losses widen amid high operational costs and investment in expansion

Arizona-based Black Rock Coffee Bar has insisted its growth strategy is robust after posting a significant third-quarter loss, despite surging revenues and strong store-level profitability. 

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