Westrock Coffee Company Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Outlook
Westrock Coffee Company (WEST)
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Source: GlobeNewswire
LITTLE ROCK, Ark., March 12, 2024 (GLOBE NEWSWIRE) -- Westrock Coffee Company (Nasdaq: WEST) (“Westrock Coffee” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2023 and provides its outlook on fiscal 2024. Scott T. Ford, CEO and Co-founder stated, “We are pleased to announce our fourth quarter, and full year, 2023 financial results. Last year was a significant transition year for Westrock and we now enter 2024 with a number of critical system migrations and capital equipment upgrades behind us. The entire team worked tirelessly to modernize our legacy manufacturing operations while simultaneously building a new Extract and Ready-to-Drink plant in Conway, Arkansas which is scheduled to deliver its first commercial products to customers next month.” Fourth Quarter Highlights Consolidated net sales were $215.0 million for the fourth quarter of 2023, a decrease of $12.8 million, or 5.6%, compared to the fourth quarter of 2022
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News
- Westrock Coffee Insiders Placed Bullish Bets Worth US$1.73m [Yahoo! Finance]Yahoo! Finance
- Westrock Coffee Company to Report First Quarter 2024 Financial Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- Westrock Coffee Company to Report First Quarter 2024 Financial Results on May 9, 2024GlobeNewswire
- Westrock Coffee (NASDAQ: WEST) had its price target raised by analysts at Benchmark Co. from $11.00 to $12.00. They now have a "buy" rating on the stock.MarketBeat
- Westrock Coffee Company, LLC (NASDAQ:WEST) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
WEST
Earnings
- 3/12/24 - Miss
WEST
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- WEST's page on the SEC website