Ken Parent
On November 5, 2024, the Board increased its size from ten to eleven directors and appointed Mr. Ken Parent to the resulting vacancy to serve as a Class I director of the Board.
Highest-materiality recent filing
Net sales $308.8M (+44.4% YoY); gross profit $45.8M (+57.4%).
Westrock Coffee appoints A. Wellford Tabor to Board, reduces board size
A. Wellford Tabor appointed to Board effective April 20, 2026, filling vacancy after retirement of R. Brad Martin.
Westrock Coffee reports FY2025 net sales $1.2B (+39.8%); net loss $90.4M; two directors retire
FY2025 net sales $1.2B (+39.8% YoY); Q4 net sales $339.5M (+48.3% YoY).
Net sales $354.8M (+60.7% YoY); gross profit $41.4M (+11.6%).
Westrock Coffee Q2 net sales up 34.8% to $280.9M; Adj EBITDA $15.3M; reaffirms outlook
Net sales $280.9M (+34.8% YoY); gross profit $41.4M flat; net loss $21.6M vs $17.8M loss prior year.
Westrock Coffee stockholders elect four directors and ratify PwC at 2025 annual meeting
Scott T. Ford elected with 88,167,897 votes for, 2,436,693 against, 7,995 abstained, 9,689,107 broker non-votes.
Westrock Coffee Q1 net sales up 11.1% to $213.8M; net loss widens to $27.2M
Net sales $213.8M (+11.1% YoY); gross profit $29.1M, down 22%.
Westrock Coffee reports FY2024 net loss $80.3M, revenue down 1.6%
Full year 2024 net sales $850.7M (-1.6% YoY), net loss $80.3M vs $34.6M loss in 2023.
Westrock Coffee amends credit facility, adding $25M revolver commitments and covenant relief
Revolving commitments increased from $175M to $200M via $25M incremental facility.
Westrock Coffee expands board to 11, appoints Ken Parent as Vice Chairman
Board size increased from 10 to 11; Ken Parent appointed as Class I director and Vice Chairman.
Westrock Coffee Q3 net loss $14.3M; Conway facility orders to begin Q1 2025
Net sales $220.9M (+0.6% YoY); gross profit $37.1M improved from $35.1M.
Westrock Coffee completes warrant exchange, amends warrant agreement
16,676,541 public warrants (97.42%) and 2,026,046 private placement warrants (100%) tendered in exchange offer.
Westrock Coffee completes warrant exchange offer; accepts all tendered warrants
Offered 0.290 common shares per warrant tendered; consents sought to amend warrant agreement for post-offer exchange at 0.261 shares.
Westrock Coffee commences warrant exchange offer for up to 5.55M common shares
Exchange offer allows warrant holders to receive 0.290 common shares per warrant, expiring Sept 26, 2024.
Westrock Coffee Q2 Adj EBITDA up 20.8% to $13.7M; narrows 2024 guidance to $60-65M
Net sales $208.4M, down 7.3% YoY; net loss narrowed to $17.8M from $26.8M.
Directors elected: Kruczek (98.7M for), Martin (99.9M for), Natori (100.2M for).
Westrock Coffee Q1: Revenue down 6.3% to $192.5M, Adj EBITDA up 32% to $11.1M
Net loss widened to $23.7M from $4.3M; includes $9.8M start-up costs for Conway AR facility.
Westrock Coffee enters ATM equity distribution agreement for up to 5M shares
Up to 5,000,000 shares of common stock may be sold through Wells Fargo and Truist as agents.
Westrock Coffee Q4 net sales $215M, Adj. EBITDA $13.7M; 2024 outlook $60-80M Adj. EBITDA
Q4 net sales $215.0M (-5.6% YoY); net loss $20.1M vs $31.9M loss a year ago.
On November 5, 2024, the Board increased its size from ten to eleven directors and appointed Mr. Ken Parent to the resulting vacancy to serve as a Class I director of the Board.
Max materiality 0.90 · Median 0.65 · Most common event earnings