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Westrock Coffee Company (NASDAQ: WEST) will report its first quarter 2024 financial results on May 9, 2024, followed by a live earnings conference call at 4:30 p.m. ET. Participants can register for the call at https://registrations.events/direct/NTM14777677.
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Westrock Coffee Company (WEST) reported Q4 and full-year 2023 financial results, highlighting a decrease in net sales and gross profit. The company incurred a net loss for both periods, with Adjusted EBITDA declining. Despite challenges, the company remains optimistic for fiscal 2024 with an expected range of consolidated Adjusted EBITDA. Key highlights include system migrations, capital upgrades, and a new plant in Arkansas.
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Westrock Coffee Company announces expansion of capabilities at its Extract and RTD facility in Arkansas, joint venture with Select Milk Producers in Texas, issuance of $72.0 million convertible notes, and amendment to credit agreement. Preliminary 2023 results show Adjusted EBITDA at the low end of guidance. 2024 outlook expects consolidated Adjusted EBITDA between $60 million and $80 million.
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Westrock Coffee Company (NASDAQ: WEST) Announces Participation in Stephens Annual Investment Conference, featuring CEO and Co-founder Scott Ford and CFO Chris Pledger in an in-person fireside chat on November 16, 2023. The webcast will be accessible on the Company’s Investor Relations website.
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Westrock Coffee Company (Nasdaq: WEST) reported Q3 2023 financial results, highlighting a decrease in net sales by 4.6% and a net income of $16.6 million, compared to a net loss of $13.0 million in Q3 2022. The company expects its 2023 Adjusted EBITDA to fall below its previously issued guidance range of flat to 10% over 2022.
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Westrock Coffee Company will report its Q3 2023 results on November 9, 2023 after market close. A live earnings conference call will follow at 4:30 p.m. ET. Participants can register at https://register.vevent.com/register/BI4fa3f978f6c641cc967a237a95250f87. The webcast will be accessible on the Company's Investor Relations website.
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Westrock Coffee to showcase capabilities and on-trend flavors at NACS conference
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Westrock Coffee Company (Nasdaq: WEST) reported Q2 2023 financial results, announcing the closing of a $118.8 million common stock equity raise. CEO Scott T. Ford expressed excitement over the expanded opportunities for their Conway extract and RTD facility.
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Westrock Coffee Company (NASDAQ: WEST) announced an incremental $25 million equity investment by the Arkansas Teacher Retirement System, adding to the previously announced $75 million investment. This investment aims to support the company's long-term growth strategy, particularly in expanding its extracts and ready-to-drink business at its Conway, Arkansas facility.
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Westrock Coffee Company
Nasdaq:WEST
WEST Rankings
WEST Stock Data
936.34M
8.58M
56.86%
40.58%
6.59%
Dog and Cat Food Manufacturing
Manufacturing
United States of America
LITTLE ROCK
About WEST
our company's foundational belief is that the free market system of open, competitive trade is the only system that offers sustainable economic hope—along with personal dignity—to those most deeply mired in poverty. for us, sustainability is not a relegated program or detached department. it is our end goal. high-quality, carefully crafted coffee is our opportunity to make real change. coffee has provided us a chance to reimagine the playing field and build a stable, direct channel between farming communities and the end consumer. our team of quality experts, quality graders and coffee cuppers work with our roasters to create roast calculations that are unique to each varietal. they are working every day to develop unique blends and ensure consistency in every cup. we are headquartered in little rock, arkansas where we provide office coffee services to central and northwest arkansas. find our coffee at kroger, harps, bi-lo, winn-dixie, food lion and hannaford or online at www.westrockc