ATLANTA, GA (Globe Newswire – May 20, 2026) — Holzer & Holzer, LLC is investigating whether Black Rock Coffee Bar, Inc. (“Black Rock Coffee” or the “Company”) (NASDAQ: BRCB) complied with federal securities laws. On May 12, 2026, Black Rock Coffee announced first quarter 2026 financial results which missed consensus estimates for GAAP EPS and revenue. During the accompanying earnings call, the Company highlighted  “the initial impact of strategic densification in Phoenix as we added new stores around existing high-volume locations, which resulted in a 160 basis point headwind.” The price of the Company’s stock dropped following this news.

If you purchased Black Rock Coffee stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/black-rock-coffee-bar/ to discuss your legal rights.