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Westrock Coffee Company Reports Third Quarter 2026 Results

WEST
  • Westrock Coffee reported third quarter 2026 net sales of $300.2 million, a 15.4% decrease driven by $26.1 million in tariff refunds passed to customers & lower green coffee prices.
  • The company recorded a net loss of $10.0 million for the quarter, an improvement from the $19.1 million loss in the prior year period.
  • Consolidated Adjusted EBITDA reached $26.4 million, a 14.0% increase from the $23.2 million reported in the same period last year.
  • Beverage Solutions segment sales fell 16.3% to $220.1 million, while its Adjusted EBITDA rose 13.9% to $23.3 million.
  • Sustainable Sourcing & Traceability segment sales decreased 12.8% to $80.1 million, with Adjusted EBITDA dropping to $3.2 million from $5.8 million previously.
  • Capital expenditures for the quarter were $8.8 million, down from $18.1 million in the third quarter of 2025.
  • On October 21, 2026, the company closed a $600.0 million refinancing for its Beverage Solutions segment, including a $300.0 million term loan & a $300.0 million revolving credit facility.
  • The refinancing involved repurchasing $40.0 million of 2029 convertible notes for approximately $20.7 million in cash & issuing 2.4 million shares of common stock.
  • Remaining 2029 Notes were amended into 2032 Notes with an optional redemption feature if shares trade above $14.25 for 120 consecutive days.
  • The company reaffirmed its 2026 Consolidated Adjusted EBITDA guidance of $90.0 million to $100.0 million & provided preliminary 2027 guidance of approximately $130.0 million.
  • As of September 30, 2026, the company held $41.1 million in cash & cash equivalents with total assets of $1.11 billion.
  • Shareholders' equity ended the quarter at a deficit of $34.9 million, compared to a $1.9 million deficit in the prior year.
  • The Beverage Solutions secured net leverage ratio as of September 30, 2026, was 3.07x based on trailing twelve-month EBITDA.
Company
Westrock Coffee Company
Keywords
Nasdaq:WEST, Westrock Coffee Company