Westrock Coffee Earnings Reports

Westrock Coffee saw a 6.5% increase in Q4 2024 revenue, reaching $229.0 million. Despite this growth, the company reported a net loss of $24.6 million. Adjusted EBITDA was $13.3 million, slightly down from $13.7 million in the prior year, due to $7.6 million in scale-up costs related to the Conway Facility. The Beverage Solutions segment had flat sales, while Sustainable Sourcing & Traceability (SS&T) saw a 37.8% revenue increase.

Westrock Coffee Company reported a slight increase in net sales for Q3 2024, with a rise in gross profit. However, the company experienced a net loss due to transaction, restructuring, and integration expenses, pre-production and scale-up costs related to the Conway facility, and impairment charges.

Westrock Coffee Company reported a decrease in net sales but an increase in gross profit and a reduced net loss for the second quarter of 2024. The company's Adjusted EBITDA also increased. They are narrowing their 2024 guidance range and reaffirming their 2025 guidance.

Westrock Coffee Company reported a decrease in consolidated net sales by 6.3% to $192.5 million, but an increase in consolidated gross profit to $37.3 million. The company's Adjusted EBITDA increased by 31.8% to $11.1 million. The company reaffirmed its 2024 Adjusted EBITDA guidance of $60-$80 million and issued preliminary 2025 Adjusted EBITDA guidance of over $115 million.

Westrock Coffee Company reported a decrease in consolidated net sales for Q4 2023, with a consolidated gross profit increase. The net loss improved compared to the same quarter in the previous year, although adjusted EBITDA decreased. The company is preparing for the commercial launch of its new Extract and Ready-to-Drink plant.

Westrock Coffee reported a net sales decrease of 4.6% to $219.6 million, with a net income of $16.6 million compared to a net loss in the previous year. The company's Adjusted EBITDA decreased by $6.3 million to $11.6 million. The company expects its 2023 outlook for Adjusted EBITDA to fall below its previously issued guidance range of flat to 10% over 2022.

Westrock Coffee Company reported a slight increase in consolidated net sales, but experienced a net loss due to acquisition expenses and non-cash expenses. The company closed an upsized common stock equity raise of $118.8 million to fund expansion opportunities.

Westrock Coffee reported a 10% increase in net sales compared to the first quarter of 2022. However, gross profit decreased due to production downtime related to the integration of a new enterprise resource planning system. The company is focused on launching its Conway extract and ready-to-drink facility in Q1 2024 and maturing existing operations.

Westrock Coffee reported a 27% increase in consolidated net sales, reaching $230.3 million, and a 33% increase in Adjusted EBITDA, amounting to $17.9 million for the third quarter of 2022. However, the company experienced a net loss of $13.0 million, which included acquisition, restructuring, integration expenses, non-cash expenses, and interest expenses related to debt extinguishment.

Westrock Coffee Company announced the closing of its business combination transaction with Riverview Acquisition Corp., raising approximately $300 million of equity capital and accessing $350 million of debt capital. The company's common stock is now listed on the Nasdaq under the symbol "WEST".