Westrock Coffee Company
Description
Westrock Coffee Company, LLC operates as an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the United States and internationally. It operates through two segments, Beverage Solutions, and Sustainable Sourcing & Traceability (SS&T). The Beverage Solutions segment provides various packaging, including branded and private label coffee in bags, fractional packs, and single serve cups, as well as extract solutions for applications in cold brew and ready-to-drink offerings. The SS&T segment engages in delivery and settlement of forward sales contracts for green coffee. The company offers coffee sourcing, supply chain management, product development, roasting, packaging, and distribution services to the retail, food service and restaurant, convenience store and travel center, non-commercial account, CPG, and hospitality industries. Westrock Coffee Company, LLC was founded in 2009 and is headquartered in Little Rock, Arkansas.
About
CEO
Mr. Scott Thomas Ford
Employees
1,399
Instrument type
Common Stock
Sector
Consumer Defensive
Industry
Packaged Foods
MIC code
XNMS
Address
Building 3, Little Rock, AR 72212, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 5, 2025 | — | — | — | — |
| Aug 6, 2025 | — | — | — | — |
| May 8, 2025 | — | — | — | — |
| Feb 13, 2025 | -0.04 | — | — | — |
| Nov 8, 2024 | -0.06 | -0.16 | -0.10 | 166.67% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 1 | — | 1 |
| Average estimate | — | -0.13 | — | -0.35 |
| Low estimate | — | -0.13 | — | -0.35 |
| High estimate | — | -0.13 | — | -0.35 |
| Last year EPS | — | -0.11 | — | -0.75 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-430.970%
Next qtr. (Mar 2025)
-13.940%
Current year
-558.470%
Next year (Dec 2025)
53.330%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total reported revenue | 864.71M | 867.87M | 698.14M | 550.85M |
| Cost of revenue | 724.86M | 715.11M | 552.72M | 443.64M |
| Gross profit | 139.86M | 152.77M | 145.42M | 107.20M |
| Operating expense | ||||
| Research & development | — | — | — | — |
| Selling general and admin | 144.58M | 129.99M | 128.51M | 115.65M |
| Other operating expenses | — | — | — | — |
| Operating income | -4.72M | 22.78M | 16.92M | -8.45M |
| Non operating interest income | ||||
| Income | — | — | — | — |
| Expense | 29.16M | 35.50M | 32.55M | 25.23M |
| Other income expense | -6.95M | -42.63M | -9.04M | -112.74M |
| Pretax income | -40.83M | -55.35M | -24.68M | -146.41M |
| Tax provision | -6.36M | 111,000 | -3.37M | -17.55M |
| Net income | -34.57M | -55.46M | -21.31M | -128.87M |
| Basic EPS | -0.43 | -1.60 | -1.33 | -4.25 |
| Diluted EPS | -0.43 | -1.60 | -1.33 | -4.25 |
| Basic average shares | 80.68M | 48.44M | 34.75M | 34.75M |
| Diluted average shares | 80.68M | 48.44M | 34.75M | 34.75M |
| EBITDA | 20.42M | 48.14M | 42.45M | 14.85M |
| Net income from continuing op. | -34.57M | -55.46M | -21.31M | -128.87M |
| Minority interests | -15,000 | 276,000 | -639,000 | -306,000 |
| Preferred stock dividends | — | 2.87M | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 971.51M | 746.21M | 593.02M | 548.14M |
| Current assets | ||||
| Cash | — | — | — | — |
| Cash equivalents | — | — | — | — |
| Cash and cash equivalents | 37.20M | 16.84M | 19.34M | 16.89M |
| Other short term investments | — | — | — | — |
| Accounts receivable | 99.16M | 101.64M | 85.80M | 66.15M |
| Other receivables | — | — | — | — |
| Inventory | 149.92M | 145.84M | 109.17M | 84.38M |
| Prepaid assets | — | — | 6.41M | 5.76M |
| Restricted cash | 644,000 | 9.57M | 3.53M | 1.76M |
| Assets held for sale | — | — | — | — |
| Hedging assets | 13.66M | 15.05M | 13.77M | 12.26M |
| Other current assets | 12.47M | 9.17M | 6.41M | 5.76M |
| Non current assets | ||||
| Properties | 99.52M | 36.11M | 26.79M | 28.70M |
| Land and improvements | 8.78M | 9.05M | 9.15M | 8.01M |
| Machinery furniture equipment | 132.58M | 110.98M | 91.78M | 77.59M |
| Construction in progress | 208.31M | 70.00M | 8.03M | 13.37M |
| Leases | 9.80M | 1.65M | 613,000 | 399,000 |
| Accumulated depreciation | -83.26M | -67.00M | -52.64M | -36.83M |
| Goodwill | 355.17M | 358.88M | 320.02M | 326.45M |
| Investment properties | — | — | — | — |
| Financial assets | — | — | — | — |
| Intangible assets | 122.95M | 130.89M | 125.91M | 132.34M |
| Investments and advances | — | — | — | — |
| Other non current assets | 7.77M | 6.93M | 4.43M | 5.27M |
| Total liabilities | 583.56M | 459.55M | 487.15M | 447.22M |
| Current liabilities | ||||
| Accounts payable | 69.11M | 116.68M | 80.41M | 63.52M |
| Accrued expenses | 35.22M | 37.46M | 26.37M | 12.74M |
| Short term debt | 53.51M | 54.41M | 47.44M | 38.87M |
| Deferred revenue | — | — | — | — |
| Tax payable | — | — | — | — |
| Pensions | — | — | 8.73M | 6.68M |
| Other current liabilities | 81.81M | 7.59M | 14.02M | 3.40M |
| Non current liabilities | ||||
| Long term debt | 286.65M | 170.93M | 290.36M | 288.84M |
| Provision for risks and charges | — | — | — | — |
| Deferred liabilities | 10.85M | 14.36M | 25.52M | 26.31M |
| Derivative product liabilities | 44.80M | 55.52M | — | — |
| Other non current liabilities | 1.63M | 2.61M | 3.03M | 2.77M |
| Shareholders equity | ||||
| Common stock | 880,000 | 750,000 | 345,000 | — |
| Retained earnings | -362.62M | -328.04M | -251.73M | -205.57M |
| Other shareholders equity | 3.82M | -6.10M | 12.02M | 3.82M |
| Total shareholders equity | 387.96M | 286.67M | 105.87M | 100.92M |
| Additional paid in capital | 471.67M | 342.66M | 60.63M | — |
| Treasury stock | — | — | — | — |
| Minority interest | — | 2.46M | 2.74M | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -34.57M | -55.46M | -21.31M | -128.87M |
| Depreciation | 26.58M | 24.21M | 25.50M | 23.84M |
| Deferred Taxes | -6.51M | -2.04M | -3.45M | -18.26M |
| Stock-Based Compensation | 8.71M | 2.63M | 1.22M | 1.55M |
| Other Non-Cash Items | 6.00M | 7.52M | 3.62M | 2.06M |
| Accounts Receivable | 1.69M | -16.79M | -20.10M | 965,000 |
| Accounts Payable | -59.29M | 27.65M | 18.72M | -32.15M |
| Other Assets & Liabilities | 7.36M | -69.71M | -1.68M | 18.33M |
| Operating Cash Flow | -50.03M | -81.99M | 2.52M | -132.52M |
| Investing Activities | ||||
| Capital Expenditures | -164.41M | -59.12M | -22.33M | -18.49M |
| Net Intangibles | -173,000 | -167,000 | -321,000 | — |
| Net Acquisitions | -3.78M | -14.89M | — | -393.34M |
| Purchase of Investments | — | — | — | — |
| Sale of Investments | — | — | — | — |
| Investing Cash Flow | -168.18M | -74.00M | -22.33M | -411.82M |
| Financing Activities | ||||
| Long-Term Debt Issuance | 258.49M | 340.24M | 119.74M | 352.97M |
| Long-Term Debt Payments | -199.20M | -438.57M | -111.31M | -124.31M |
| Other Financing Charges | 62.67M | 237.01M | -1.59M | -8.23M |
| Financing Cash Flow | 240.73M | 134.30M | 23.84M | 442.58M |
| Other Cash Details | ||||
| End Cash Position | 37.84M | 26.41M | 22.87M | 18.65M |
| Income Tax Paid | 1.43M | 814,000 | 1.41M | 98,000 |
| Interest Paid | 29.45M | 30.45M | 28.50M | 20.79M |
| Free Cash Flow | -228.85M | -120.06M | -22.56M | -32.92M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Longleaf Partners Small-Cap Fund | Sep 30, 2024 | 4,767,743 | 30.61M | 5.06% |
| Variable Insurance Products Fund III-Mid-Cap Portfolio | Nov 30, 2024 | 1,988,842 | 12.77M | 2.11% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 1,474,555 | 9.47M | 1.57% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 958,908 | 6.16M | 1.02% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 467,648 | 3.00M | 0.50% |
| Fidelity Advisor Mid Cap II Fund | Nov 30, 2024 | 422,034 | 2.71M | 0.45% |
| Vanguard Consumer Staples Index Fund | Nov 30, 2024 | 340,949 | 2.19M | 0.36% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 342,622 | 2.20M | 0.36% |
| iShares Russell 2000 Growth ETF | Nov 30, 2024 | 306,922 | 1.97M | 0.33% |
| Fidelity Extended Market Index Fund | Nov 30, 2024 | 187,531 | 1.20M | 0.20% |
Article
Westrock Coffee Company to Participate in the Stephens Annual Investment Conference
LITTLE ROCK, Ark., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Westrock Coffee Company (NASDAQ: WEST) (“Westrock Coffee” or the “Company”) today announced that the Company will be participating in the Stephens Annual Investment Conference, which will be held November 19-21, 2024 at the Grand Hyatt Nashville in Nashville, TN.
Nov 12, 2024
Article
Westrock Coffee Company (WEST) Q3 2024 Earnings Call Transcript
Westrock Coffee Company (NASDAQ:WEST ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Robert Mounger - VP, Corporate Development Scott Ford - Co-Founder & CEO Chris Pledger - CFO Conference Call Participants Todd Brooks - The Benchmark Company Eric Des Lauriers - Craig-Hallum Capital Group Matt Smith - Stifel Sarang Vora - Telsey Advisory Group Davis Holcombe - Truist Securities Operator Good day and thank you for standing by. Welcome to the Westrock Coffee Company Third Quarter 2024 Earnings Conference Call.
Nov 9, 2024
Article
Westrock Coffee Company (WEST) Reports Q3 Loss, Lags Revenue Estimates
Westrock Coffee Company (WEST) came out with a quarterly loss of $0.05 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.03 per share a year ago.
Nov 8, 2024
