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WEST PHARMACEUTICAL ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against West Pharmaceutical Services, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-09 01:00
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against West Pharmaceutical Services, Inc. (“West Pharmaceutical” or the “Company”) (NYSE:WST) in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons and entities who purchased or otherwise acquired West Pharmaceutical securities between February 16, 2023, and February 12, 2025, both da ...
Westrock Coffee Company (WEST) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-08 23:00
Westrock Coffee Company (WEST) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -29.41%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.12, delivering a surprise of -9.09%.Over the last four quarters, the company has ...
Westrock fee pany(WEST) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:30
Westrock Coffee Company (WEST) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Hello, and welcome to WestRock Coffee Company's First Quarter twenty twenty five Earnings Conference Call. My name is Howard, and I'll be your coordinator of your call today. Following prepared remarks, we will open the call to your questions with instructions to be given at that time. I will now hand the call over to Robert Munger with WestRock Coffee. Speaker1 Thank you, and welcome to WestRock Coffee Company's first qu ...
Westrock fee pany(WEST) - 2025 Q1 - Quarterly Report
2025-05-08 21:16
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____. Commission File Number: 001-41485 WESTROCK COFFEE COMPANY (Exact Name of Registrant as Specified in Its Charter) Delaware 80-0977200 (S ...
Westrock fee pany(WEST) - 2025 Q1 - Quarterly Results
2025-05-08 20:10
Westrock Coffee Company Reports First Quarter 2025 Results and Reaffirms 2025 and 2026 Outlook Little Rock, Ark., May 8, 2025 (GLOBE NEWSWIRE) – Westrock Coffee Company (Nasdaq: WEST) ("Westrock Coffee" or the "Company") today reported financial results for the first quarter ended March 31, 2025. Exhibit 99.1 First Quarter Highlights 1 Commenting on our results, Scott T. Ford, CEO and Co-founder stated, "We are off to a great start in 2025. Today we are reporting solid financial results for the first quarte ...
Westrock Coffee Company Reports First Quarter 2025 Results and Reaffirms 2025 and 2026 Outlook
GlobeNewswire· 2025-05-08 20:05
LITTLE ROCK, Ark., May 08, 2025 (GLOBE NEWSWIRE) -- Westrock Coffee Company (Nasdaq: WEST) (“Westrock Coffee” or the “Company”) today reported financial results for the first quarter ended March 31, 2025. First Quarter Highlights1 Consolidated Results Net sales were $213.8 million, an increase of 11.1%Gross profit was $29.1 million, a decrease of 22.0%Net loss was $27.2 million, compared to a net loss of $23.7 million in the prior year periodConsolidated Adjusted EBITDA2 was $8.2 million and included $3.3 m ...
Westrock Coffee Company to Report First Quarter 2025 Financial Results on May 8th, 2025
GlobeNewswire· 2025-04-17 20:05
LITTLE ROCK, Ark., April 17, 2025 (GLOBE NEWSWIRE) -- Westrock Coffee Company (NASDAQ: WEST) ("Westrock Coffee" or the “Company") today announced that it will report its first quarter 2025 results on Thursday, May 8, 2025 after market close. The announcement will be followed by a live earnings conference call at 4:30 p.m. ET. To participate in the live earnings call and question and answer session, please register HERE and dial-in information will be provided directly to you. The live audio webcast will be ...
Westrock fee pany(WEST) - 2024 Q4 - Annual Report
2025-03-12 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents WESTROCK COFFEE COMPANY (Exact Name of Registrant as Specified in its Charter) Delaware (State or other jurisdiction of incorporation or organization) 80-0977200 (I.R.S. Employer Identification No.) 72212 4009 N. Rodney Parham Road, 4 th Floor, Little Rock, Arkansas (Address of principal executive offices) For th ...
Westrock fee pany(WEST) - 2024 Q4 - Earnings Call Transcript
2025-03-12 01:45
Financial Data and Key Metrics Changes - In Q4 2024, Westrock Coffee Company reported a segment adjusted EBITDA of $21 million, a 53% increase year-over-year, with the Beverage Solutions unit contributing $17.8 million, up 53% from the previous year [7][28] - For the full year 2024, consolidated adjusted EBITDA was $47.2 million, which included $12.8 million of Conway facility scale-up operating costs, compared to $45.1 million in 2023 [26][32] - Net sales for Q4 2024 increased by 6.5% year-over-year, while gross profit rose by 9.2% [29] Business Line Data and Key Metrics Changes - The Beverage Solutions segment generated $659.9 million in net sales for 2024, an 8.8% decrease compared to 2023, while the SS&T segment saw a 40% increase in volumes, resulting in net sales of $191.3 million [32][33] - The SS&T segment adjusted EBITDA for 2024 was $6.4 million, reflecting an 84% increase from the previous year [27][33] - The extracts and RTD business experienced nearly 25% volume growth, contributing to significant gross profit expansion [14] Market Data and Key Metrics Changes - Green coffee prices surged approximately 70% in fiscal 2024, impacting inventory values and liquidity due to increased working capital requirements [37][38] - The company expects potential demand decline in the back half of the year due to higher coffee prices being passed on to consumers [39][40] Company Strategy and Development Direction - Westrock Coffee aims to be the leading manufacturing partner for global beverage brands, focusing on innovation, sustainable sourcing, and low-cost processing [10][11] - The company has invested nearly $400 million in expanding its facilities to meet growing customer demand, positioning itself to capitalize on consumer-driven value shifts in the beverage market [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving significant EBITDA growth over the next few years, driven by new customer contracts and increased production capacity [15][41] - The company anticipates volume growth in its core coffee business from new retail customers onboarded in late 2024, with strong visibility into growth for the next two years [41][42] Other Important Information - The company spent approximately $160 million in capital expenditures for 2024, with $140 million allocated to the Conway facility [35] - As of year-end 2024, Westrock had approximately $90 million in unrestricted cash and undrawn revolving credit commitments [36] Q&A Session Summary Question: Impact of higher coffee prices on customer orders - Management acknowledged that higher coffee prices could impact demand later in the year, as customers begin to pass costs to consumers [54][56] Question: Scale-up costs in 2026 guidance - Management confirmed that there would be no scale-up costs in 2026, as operations would be fully ramped up by then [58][59] Question: Customer product development and market share - Management indicated that the company is both taking market share and developing new products with existing customers, leveraging its integrated solutions [64][66] Question: Higher green coffee costs and customer volumes - Management noted that the impact of higher coffee costs would likely be felt in the back half of the year, particularly in heavy coffee products [78][79] Question: Change in guidance for 2025 - The change in guidance was primarily due to conservatism around the start-up of the Conway facility rather than solely from higher coffee prices [81][82]
Westrock fee pany(WEST) - 2024 Q4 - Annual Results
2025-03-11 20:10
Exhibit 99.1 Westrock Coffee Company Reports Fourth Quarter and Full Year 2024 Results and Provides 2025 and 2026 Outlook Little Rock, Ark., March 11, 2025 (GLOBE NEWSWIRE) – Westrock Coffee Company (Nasdaq: WEST) ("Westrock Coffee" or the "Company") today reported financial results for the fourth quarter and full year ended December 31, 2024 and provided its outlook for 2025 and 2026. Full Year 2024 Highlights 1 Commenting on our results, Scott T. Ford, CEO and Co-founder stated, "Westrock Coffee's value p ...