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)
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
8-K
Westrock Coffee Provides Business Announcements, Update on Preliminary 2023 Full Year Results, and Initial 2024 Outlook
15 Feb 24
EFFECT
Notice of effectiveness
21 Nov 23
EFFECT
Notice of effectiveness
20 Nov 23
POS AM
Prospectus update (post-effective amendment)
17 Nov 23
424B3
Prospectus supplement
17 Nov 23
Transcripts
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 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) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | 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) | 48.82 mm | 48.82 mm | 48.82 mm | 48.82 mm | 48.82 mm | 48.82 mm |
Cash burn (monthly) | (no burn) | 3.89 mm | 1.79 mm | 5.24 mm | 648.67 k | 1.97 mm |
Cash used (since last report) | n/a | 23.31 mm | 10.71 mm | 31.39 mm | 3.88 mm | 11.77 mm |
Cash remaining | n/a | 25.50 mm | 38.10 mm | 17.42 mm | 44.93 mm | 37.05 mm |
Runway (months of cash) | n/a | 6.5 | 21.3 | 3.3 | 69.3 | 18.8 |
Institutional ownership, Q3 2023
81.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 84 |
Opened positions | 17 |
Closed positions | 11 |
Increased positions | 27 |
Reduced positions | 22 |
13F shares | Current |
---|---|
Total value | 260.55 bn |
Total shares | 71.89 mm |
Total puts | 434.60 k |
Total calls | 281.80 k |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
Westrock | 23.16 mm | $0.00 |
HF Direct Investments Pool | 13.01 mm | $141.27 mm |
Stephens | 8.41 mm | $74.51 bn |
Sowell James E | 6.04 mm | $0.00 |
Southeastern Asset Management | 5.59 mm | $49.55 bn |
Silverleafe Capital Partners | 4.14 mm | $36.64 bn |
BLK Blackrock | 1.81 mm | $16.02 bn |
FMR | 1.64 mm | $14.53 bn |
GS Goldman Sachs | 1.59 mm | $14.07 bn |
Vanguard | 1.33 mm | $11.76 bn |
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
Forecasting The Future: 4 Analyst Projections For Westrock Coffee
13 Mar 24
Benchmark Maintains Buy on Westrock Coffee, Raises Price Target to $12
13 Mar 24
Telsey Advisory Group Reiterates Outperform on Westrock Coffee, Maintains $13 Price Target
13 Mar 24
Westrock Coffee Q4 EPS $(0.23) Up From $(0.44) YoY
12 Mar 24
Westrock Coffee Q4 Sales $214.97M Miss $226.02M Estimate
12 Mar 24