Welcome to our dedicated page for WESTROCK COFFEE CO news (Ticker: WEST), a resource for investors and traders seeking the latest updates and insights on WESTROCK COFFEE CO stock.
Westrock Coffee Co (NYSE: WEST) provides integrated coffee, tea, and beverage solutions through sustainable sourcing and advanced manufacturing. This news hub offers investors and industry stakeholders centralized access to official corporate updates and market developments.
Track all material announcements including earnings reports, production innovations, and supply chain initiatives. Our curated collection features press releases on product expansions, sustainability milestones, and strategic partnerships that demonstrate Westrock Coffee's leadership in ethical sourcing and beverage technology.
Key coverage areas include operational updates from their automated Arkansas facility, agricultural partnership developments across coffee-growing regions, and quality control advancements. Users gain insights into how the company maintains its position across retail, foodservice, and hospitality markets through vertical integration.
Bookmark this page for streamlined monitoring of Westrock Coffee's financial performance, manufacturing capabilities, and sustainability progress. Verify all information through primary sources and consult professional advisors for investment decisions.
Westrock Coffee has released its 2024 Sustainability Report, showcasing progress in responsible sourcing and environmental initiatives. As North America's leading private label coffee and tea manufacturer, the company highlighted several key achievements:
- The Raíz Sustainability™ program reached its 10-year milestone, delivering over $8.5 million in farmer premiums to 6,800+ participants and conducting 67,000+ farm visits
- Opened North America's largest roast to ready-to-drink plant, capable of recycling 1+ billion gallons of water annually and using 40% less energy while doubling coffee output
- Achieved 89% responsibly sourced coffee and 100% responsibly sourced tea by end of 2024
The company's 2030 vision focuses on increasing transparency, expanding economic programs for smallholder farmers, and strengthening sustainable supply chains. With offices in 10 countries and sourcing from 35 origin countries, Westrock Coffee continues its commitment to challenging industry norms and building a better future for the entire supply chain.
Westrock Coffee Company (NASDAQ: WEST) has announced it will release its first quarter 2025 financial results on Thursday, May 8, 2025, after market close. The company will host a live earnings conference call at 4:30 p.m. ET the same day. Investors can participate in the earnings call and Q&A session by registering online, after which dial-in information will be provided. A live audio webcast will be available through the company's Investor Relations website, with an archived replay accessible after the event.
Westrock Coffee (WEST) reported its Q4 and full-year 2024 results with mixed performance. Full-year net sales decreased 1.6% to $850.7 million, while gross profit increased 10% to $153.8 million. The company recorded a net loss of $80.3 million, compared to $34.6 million loss in 2023.
The Beverage Solutions segment saw net sales decline 8.8% to $659.4 million, but segment Adjusted EBITDA grew 28.9% to $53.6 million. The Sustainable Sourcing & Traceability segment showed strong growth with net sales up 34.9% to $191.3 million and segment EBITDA increasing 84.1% to $6.4 million.
In January 2025, the company expanded its revolving credit facility by $25 million to $200 million total, with proceeds funding a second ready-to-drink can line at Conway Facility. The company's secured net leverage ratio stood at 4.71x as of December 31, 2024.
Westrock Coffee Company (NASDAQ: WEST) has announced it will release its fourth quarter 2024 financial results on Tuesday, March 11, 2025, after market close. The company will host a live earnings conference call at 4:30 p.m. ET on the same day. Interested participants can register for the call online to receive dial-in information. A live audio webcast will be available through the company's Investor Relations website, with an archived replay accessible after the event.
Westrock Coffee Company (NASDAQ: WEST) has announced its participation in the upcoming Stephens Annual Investment Conference, scheduled for November 19-21, 2024, at the Grand Hyatt Nashville. The company's CFO, Chris Pledger, will engage in a fireside chat on November 19 at 11:00 a.m. CT. Investors can access the live webcast through Westrock's Investor Relations website, with a recording available after the event.
Westrock Coffee Company (WEST) reported Q3 2024 financial results with net sales of $220.9 million, a 0.6% increase year-over-year. The company posted a net loss of $14.3 million, compared to net income of $16.6 million in Q3 2023. Consolidated Adjusted EBITDA was $10.3 million, including $4.0 million in Conway Facility scale-up costs. The company updated its 2024 guidance, expecting $50.0 million in Consolidated Adjusted EBITDA, and projects 2025 Consolidated Adjusted EBITDA between $80.0-$100.0 million. The Conway extract and ready-to-drink facility is expected to begin generating substantial revenue in early 2025.
Westrock Coffee Company (NASDAQ: WEST) has scheduled its third quarter 2024 financial results announcement for Thursday, November 7, 2024, after market close. The company will host a live earnings conference call at 4:30 p.m. ET on the same day. Interested participants can register for the call to receive dial-in information. A live audio webcast will be available on the company's Investor Relations website, with an archived replay accessible after the event.
Westrock Coffee Company (Nasdaq: WEST) has launched a redesigned website at westrockcoffee.com, showcasing its expanded capabilities and commitment to sustainability. The new site features a modern interface designed for business partners across various industries, highlighting proprietary platforms like Farmer Direct Verified® and the Raíz Sustainability™ program.
Key features include a Comprehensive Solutions Hub for accessing innovative beverage programs, a focus on sustainability with the goal of 100% responsibly sourced coffee and tea by 2025, insights into global facilities and sourcing capabilities, and a Thought Leadership Center for industry insights and case studies.
Elizabeth McLaughlin, Executive VP of Sales, emphasized that the website reflects Westrock's unique approach to business and its position as an industry pioneer in innovation, sustainability, and transparency in the global beverage market.
Westrock Coffee Company (NASDAQ: WEST) announced the expiration and results of its exchange offer and consent solicitation for outstanding public and private placement warrants. As of September 26, 2024, approximately 97.42% of public warrants and 100% of private placement warrants were validly tendered. The company expects to accept all validly tendered warrants for exchange and settlement around September 30, 2024.
The consent solicitation received approval from warrant holders to amend the Warrant Agreement, allowing Westrock Coffee to require conversion of remaining warrants into 0.261 common shares, a ratio 10% less than the exchange offer. The company plans to exercise this right, resulting in no warrants remaining outstanding after the exchange.
Westrock Coffee Company (NASDAQ: WEST) has initiated an exchange offer and consent solicitation for its outstanding public and private placement warrants. The company is offering 0.290 common shares for each warrant tendered, with a total of up to 5,551,792 common shares available for exchange. Concurrently, Westrock is seeking consent to amend the warrant agreement, allowing it to require remaining warrants to be exchanged at a 10% lower ratio of 0.261 common shares per warrant. The offer aims to simplify the company's capital structure and increase the number of common shares available for trading. The offering period ends on September 26, 2024, unless extended. If all warrants are exchanged, Westrock expects to issue up to 5,551,792 common shares, resulting in approximately 93,997,942 shares outstanding, a 6% increase.
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