Westrock Coffee Shrinks Third Quarter Loss
Westrock Coffee Co. posted a smaller net loss despite lower revenue, in part due to U.S. tariff policy, in its Thursday (Nov. 5) earnings report.
The Little Rock-based beverage distributor reported a $9.976 million third quarter loss compared to a $19.1 million loss a year ago. The results reflect a net loss of 10 cents per common share versus a 20 cent loss per common share one year ago.
Net sales were $300.2 million in the quarter, a decrease of 15.4%. The company attributed this decline to $26.1 million of tariff refunds "expected to be passed through to customers" and lower average green coffee prices.
One year ago, quarterly net sales were $354.825 million.
"The third quarter was another record quarter for Westrock Coffee," said Westrock Coffee CEO and Co-founder Scott T. Ford. "We are growing, we are generating cash, and with the recently closed Beverage Solutions credit agreement, we have put the balance sheet on solid footing for the long-term."
Other Q3 highlights included:
- Westrock reaffirmed its 2026 adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) forecast of $90 million to $100 million.
- The company provided an initial 2027 EBITDA estimate of about $130 million.
- A new $600 million credit facility is expected to reduce first-year required debt service by about $17 million.
Westrock Coffee (NASDAQ: WEST) shares closed trading Friday at $10.37. The company’s stock has traded between a low of $3.61 and a high of $11 per share over the past year.