Westrock Coffee Co. reported a $20.1M Q4 loss in 2023, down from $31.9M in 2022, with a full-year net loss of $34.
Westrock Coffee Co. reported a $20.1M Q4 loss in 2023, down from $31.9M in 2022, with a full-year net loss of $34.6M. The company expects to open its new $300M Conway facility in March, which will produce a range of beverages and is projected to generate adjusted EBITDA between $60-80M in fiscal 2024. Despite investments affecting 2023 profits, CEO Scott Ford believes they will yield benefits in the future.
March 12, 2024
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