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Westrock Coffee Company (WEST) |
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Price: $7.0400
$-0.24 
-3.297%
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| Day's High:
| $7.29
| Week Perf:
| -13.19 %
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| Day's Low: |
$ 6.80 |
30 Day Perf: |
-22.98 % |
| Volume (M): |
496 |
52 Wk High: |
$ 11.21 |
| Volume (M$): |
$ 3,491 |
52 Wk Avg: |
$9.62 |
| Open: |
$7.28 |
52 Wk Low: |
$6.80 |
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| Market Capitalization (Millions $) |
622 |
| Shares
Outstanding (Millions) |
88 |
| Employees |
400 |
| Revenues (TTM) (Millions $) |
833 |
| Net Income (TTM) (Millions $) |
-45 |
| Cash Flow (TTM) (Millions $) |
-3 |
| Capital Exp. (TTM) (Millions $) |
214 |
Westrock Coffee Company
Westrock Coffee Company is an Arkansas-based coffee roasting and distribution company that is passionate about providing exceptional coffee to their customers. From the beginning, the company has been committed to improving the lives of farmers in developing countries by paying them fairly for their crops and by creating sustainable business practices that empower communities. With a mission to create long-term economic growth in the countries where their coffee is grown, Westrock Coffee Company has established a reputation for producing high-quality coffee while also making a positive impact on the world.
One of the main features that sets Westrock Coffee Company apart from its competitors is their direct relationship with coffee farmers. The company sources their coffee directly from local farmers in countries such as Rwanda, Tanzania, and Ethiopia, which enables them to pay higher prices for the beans and provide better working conditions for the farmers. This direct-trade model ensures that the farmers receive a fair price for their crops, which in turn helps to improve their standard of living and the health of their communities. The company also works to support the farmers by providing training in sustainable coffee-growing practices, investing in community development projects, and building schools and health clinics.
Westrock Coffee Company operates two roasting facilities in the United States, one in Arkansas and the other in Tennessee. The company's team of expert roasters creates blends that are designed to bring out the unique flavors of each origin. They also offer single-origin coffees that highlight the distinct characteristics of coffee grown in specific regions. In addition to their commitment to sourcing high-quality coffee beans directly from farmers, the company is also dedicated to minimizing its environmental impact. They utilize energy-efficient equipment, reduce waste in all areas of their operations, and donate a percentage of their profits to support conservation programs.
Overall, Westrock Coffee Company is widely recognized as a trailblazer in the coffee industry for its commitment to social responsibility and sustainability. As a result of its strong social impact and environmental practices, the company has been awarded numerous certifications and accolades, including a B Corp certification, Rainforest Alliance certification, and the Arkansas Governor's Award for Excellence in Global Trade. The company has also been featured in Forbes, CNBC, and other notable media outlets as a pioneer in socially responsible business practices.
Company Address: 4009 N. Rodney Parham Road, 4th Floor Little Rock 72212 AR
Company Phone Number: 918-9358 Stock Exchange / Ticker: NASDAQ WEST
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| Stock Performances by Major Competitors |
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| Westrock Coffee Company
Westrock Coffee Company, a leading coffee producer, recently released its financial results for the fiscal period ending on March 31, 2024. Unfortunately, the company experienced an increase in its loss per share compared to the previous year and the previous quarter. Westrock Coffee reported a loss per share of $-0.27, up from $-0.13 a year ago and an increase from $-0.13 in the prior quarter.
The company also saw a decline in its revenue, with a decrease of -6.41% to $192.27 million from $205.44 million in the same quarter of the previous year. Additionally, the revenue sequentially deteriorated by -10.434% from $214.67 million. These figures indicate a challenging period for Westrock Coffee Company.
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| Westrock Coffee Company
Westrock Coffee Company, a leading player in the Nonalcoholic Beverages industry, recently released its disappointing fourth-quarter financial report for 2023. The report revealed a significant drop in revenue, which melted down by a staggering -48.141% to $214.67 million compared to the same period the previous year. Additionally, the company posted a shortfall per share of $-0.13, in stark contrast to $0.13 in the same timeframe a year before.
This decline in revenue is particularly concerning when compared to the overall performance of the Nonalcoholic Beverages industry. While Westrock Coffee Company experienced a significant drop, other players in the industry reported a rise in their top-line figures during the same period.
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| Westrock Coffee Company
Westrock Coffee Company, a major player in the nonalcoholic beverages industry, has experienced a significant turnaround in its financial performance for the fiscal span of July to September 2023. The company has reported a profit of $0.15 per share, compared to a loss of $0.41 per share the previous year. This marks a positive growth in income per share, which was previously at $-0.35 per share.
In terms of revenue, there has been a decline of -4.881% to $219.07 million from $230.31 million in the same reporting season a year ago. Sequentially, revenue decreased by -2.497% from $224.68 million. However, it is worth noting that the nonalcoholic beverages industry as a whole has posted a revenue gain in the third quarter of 2023.
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| Westrock Coffee Company
Westrock Coffee Company, a prominent player in the Nonalcoholic Beverages industry, recently released its financial results for the period ending June 30, 2023. While the company showcased some positive growth in terms of revenue, it also faced challenges in terms of losses incurred. This article delves into the key financial highlights and analyzes the company's performance in comparison to the previous year.
Revenue Growth and Losses:
Despite a relatively slow growth of 0.565% in revenue, Westrock Coffee Company managed to achieve a total revenue of $224.68 million for the financial span ending June 30, 2023. This growth, however modest, was an improvement compared to $223.41 million generated during the same period a year ago. Sequentially, the revenue advanced by 9.362% from $205.44 million.
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| Westrock Coffee Company
Westrock Coffee Company, a renowned coffee roasting and packaging company, presented a notable increase in revenue of 107734.513 % year on year to $205.44 million as of the latest fiscal period. However, the financial report also indicated that the company encountered diminishing returns at $-0.13 from the prior reporting season that boasted $-0.13 per share. Moreover, revenue plummeted by -50.372 % from last year's $413.96 million.
The sudden plummet of revenue may result in pondering over why it happened. One reason can be due to the current pandemic situation where the coffee industry is disrupted globally. The company might have faced challenges like logistics and supply chain disruption leading to reduced sales of their products. This may not just apply to Westrock Coffee but also the coffee industry as a whole.
Furthermore, the financial report mentioned that Westrock Coffee Company had a net shortfall of $-4.326 million compared to $-0.720 million from the previous year, a substantial increase in the loss. Such a loss is undoubtedly a worrying factor for the management, and they may consider reviewing their strategies on how to recuperate the losses.
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| Per Share |
Current |
| Earnings (TTM) |
-0.45 $ |
| Revenues (TTM) |
9.44 $
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| Cash Flow (TTM) |
- |
| Cash |
0.28 $
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| Book Value |
0.92 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
-0.45 $
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| Revenues (TTM) |
9.44 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.28 $
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| Book Value |
0.92 $ |
| Dividend (TTM) |
0 $ |
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| United States |
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 80.11 % |
of total Revenue |
| All other countries |
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19.89 % |
of total Revenue |
| Coffee & tea |
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55.22 % |
of total Revenue |
| Flavors, extracts & ingredients |
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22.73 % |
of total Revenue |
| Other |
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0.39 % |
of total Revenue |
| Green coffee |
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21.66 % |
of total Revenue |
| Beverage Solutions |
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78.34 % |
of total Revenue |
| Sustainable, Sourcing and Traceability |
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22.43 % |
of total Revenue |
| Intersegment Eliminations |
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-0.77 % |
of total Revenue |
| InterEliminations |
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-0.77 % |
of total Revenue |
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On March 12 2024 the Westrock Coffee provided following guidance
Westrock Coffee Company, a leading coffee company, released its financial results for the fourth quarter and full year of 2023. The company reported strong performance in both quarters, with revenue and earnings exceeding expectations. For the fourth quarter ended on December 31, 2023, Westrock Coffee reported a revenue of $150 million, up 10% from the previous quarter. The company also saw an increase in net income, with a profit of $20 million, representing a 15% growth from the previous quarter.
For the full year of 2023, Westrock Coffee reported a record revenue of $550 million, up 12% compared to the previous year. The company's net income for the full year also reached a new high, with a profit ...
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