Westrock Coffee Company Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Outlook [Yahoo! Finance]
Westrock Coffee Company (WEST)
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Source: Yahoo! Finance
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. Consolidated gross profit for the fourth quarter of 2023 was $34.8 million and included $0.9 million of non-cash mark-to-market losses, comp
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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