Westrock Coffee Q3 net loss $14.3M; Conway facility orders to begin Q1 2025

Westrock Coffee Co

2024-Q3 EPS reported -$0.63 revenue$621,749,000

Net sales $220.9M (+0.6% YoY); gross profit $37.1M improved from $35.1M.
Net loss $14.3M vs net income $16.6M in Q3 2023; includes $7.9M pre-production and $4.0M Conway scale-up costs.
Consolidated Adjusted EBITDA $10.3M vs $11.6M prior year; includes $4M Conway scale-up costs.
Conway facility first customer orders in Q1 2025; new customers expected to produce more annual Adj. EBITDA than current base business.
Appoints Ken Parent to Board of Directors.

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