our company's foundational belief is that the free market system of open, competitive trade is the only system that offers sustainable economic hope—along with personal dignity—to those most deeply mired in poverty. for us, sustainability is not a relegated program or detached department. it is our end goal. high-quality, carefully crafted coffee is our opportunity to make real change. coffee has provided us a chance to reimagine the playing field and build a stable, direct channel between farming communities and the end consumer. our team of quality experts, quality graders and coffee cuppers work with our roasters to create roast calculations that are unique to each varietal. they are working every day to develop unique blends and ensure consistency in every cup. we are headquartered in little rock, arkansas where we provide office coffee services to central and northwest arkansas. find our coffee at kroger, harps, bi-lo, winn-dixie, food lion and hannaford or online at www.westrockc
Company profile
Ticker
WEST
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Westrock Coffee Holdings, LLC
SEC CIK
Corporate docs
Subsidiaries
Westrock Beverage Solutions, LLC • Westrock Coffee & Tea International Limited • Westrock Coffee Roasting, LLC • Westrock Beverage Company, LLC • S. & D. Coffee, Inc. • Westrock Coffee & Tea Singapore Pte. Ltd. • Westrock Coffee & Tea Malaysia Sdn. Bhd. • Westrock Coffee International, LLC • Tembo Coffee Company Ltd • Rwanda Trading Company SA ...
IRS number
264767812
WEST stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Westrock Coffee Company Reports First Quarter 2024 Results
9 May 24
ARS
2023 FY
Annual report to shareholders
25 Apr 24
DEFA14A
Additional proxy soliciting materials
25 Apr 24
DEF 14A
Definitive proxy
25 Apr 24
8-K
Entry into a Material Definitive Agreement
15 Mar 24
424B5
Prospectus supplement for primary offering
15 Mar 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Westrock Coffee Company Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Outlook
12 Mar 24
D
$72.00 mm in debt, sold $72.00 mm, 7 investors
22 Feb 24
Transcripts
WEST
Earnings call transcript
2024 Q1
9 May 24
WEST
Earnings call transcript
2023 Q4
12 Mar 24
WEST
Earnings call transcript
2023 Q3
9 Nov 23
WEST
Earnings call transcript
2023 Q2
9 Aug 23
WEST
Earnings call transcript
2023 Q2
9 Aug 23
WEST
Earnings call transcript
2023 Q1
11 May 23
WEST
Earnings call transcript
2023 Q1
11 May 23
WEST
Earnings call transcript
2022 Q4
14 Mar 23
WEST
Earnings call transcript
2022 Q3
15 Nov 22
Latest ownership filings
4
Blake Schuhmacher
19 Mar 24
4
Thomas Christopher Pledger
19 Mar 24
4
Robert P. McKinney
19 Mar 24
4
William A Ford
19 Mar 24
4
SCOTT T FORD
19 Mar 24
SC 13G/A
SOWELL JAMES E
29 Feb 24
4
Change in insider ownership
21 Feb 24
4
JOE T FORD
20 Feb 24
4
SCOTT T FORD
20 Feb 24
SC 13G/A
SOUTHEASTERN ASSET MANAGEMENT INC/TN/
14 Feb 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 13.78 mm | 13.78 mm | 13.78 mm | 13.78 mm | 13.78 mm | 13.78 mm |
Cash burn (monthly) | 8.02 mm | 982.83 k | 3.38 mm | 3.54 mm | (no burn) | 2.58 mm |
Cash used (since last report) | 13.34 mm | 1.63 mm | 5.61 mm | 5.88 mm | n/a | 4.29 mm |
Cash remaining | 440.33 k | 12.14 mm | 8.16 mm | 7.90 mm | n/a | 9.49 mm |
Runway (months of cash) | 0.1 | 12.4 | 2.4 | 2.2 | n/a | 3.7 |
Institutional ownership, Q4 2023
62.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 14 |
Opened positions | 1 |
Closed positions | 71 |
Increased positions | 2 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 132.01 bn |
Total shares | 55.21 mm |
Total puts | 800.00 |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
Westrock | 23.16 mm | $0.00 |
HF Direct Investments Pool | 13.01 mm | $141.27 mm |
Stephens | 8.29 mm | $84.67 bn |
Sowell James E | 6.04 mm | $0.00 |
Silverleafe Capital Partners | 4.05 mm | $41.39 bn |
Raymond James & Associates | 235.64 k | $2.41 bn |
DAVENPORT & Co | 163.64 k | $1.67 bn |
Diversified Trust | 112.65 k | $1.15 bn |
Horrell Capital Management | 84.42 k | $862.00 k |
Red Door Wealth Management | 25.00 k | $255.25 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Mar 24 | Blake Schuhmacher | COMMON STOCK | Payment of exercise | Dispose F | No | No | 9.6 | 5,324 | 51.11 k | 72,266 |
17 Mar 24 | Thomas Christopher Pledger | COMMON STOCK | Payment of exercise | Dispose F | No | No | 9.6 | 18,236 | 175.07 k | 478,931 |
17 Mar 24 | Robert P. McKinney | COMMON STOCK | Payment of exercise | Dispose F | No | No | 9.6 | 4,106 | 39.42 k | 67,896 |
17 Mar 24 | William A Ford | COMMON STOCK | Payment of exercise | Dispose F | No | No | 9.6 | 13,693 | 131.45 k | 446,748 |
15 Mar 24 | Blake Schuhmacher | COMMON STOCK | Grant | Acquire A | No | No | 0 | 20,243 | 0.00 | 77,590 |
15 Mar 24 | Thomas Christopher Pledger | COMMON STOCK | Grant | Acquire A | No | No | 0 | 126,518 | 0.00 | 497,167 |
15 Mar 24 | Robert P. McKinney | COMMON STOCK | Grant | Acquire A | No | No | 0 | 20,243 | 0.00 | 72,002 |
15 Mar 24 | William A Ford | COMMON STOCK | Grant | Acquire A | No | No | 0 | 126,518 | 0.00 | 460,441 |
15 Mar 24 | Ford Scott T | COMMON STOCK | Grant | Acquire A | No | No | 0 | 202,429 | 0.00 | 416,615 |
News
Benchmark Reiterates Buy on Westrock Coffee, Maintains $12 Price Target
13 May 24
Westrock Coffee Company Reports Q1 Loss, Misses Revenue Estimates
10 May 24
Telsey Advisory Group Maintains Outperform on Westrock Coffee, Raises Price Target to $14
10 May 24
Westrock Coffee Q1 2024 Adj EPS $(0.12) Misses $(0.04) Estimate, Sales $192.500M Miss $210.977M Estimate
9 May 24
Analyst Expectations For Westrock Coffee's Future
6 May 24