Westrock Coffee Company — Second Quarter 2026 Earnings Summary

Financial Performance

• Consolidated net sales were $305.7 million, an 8.8% increase year-over-year.
• Gross profit was $37.7 million, an 8.8% decrease year-over-year.
• Net loss was $13.7 million, compared to a net loss of $21.6 million in the prior year period.
• Consolidated Adjusted EBITDA was $21.3 million, a 38.9% increase year-over-year from $15.3 million.
• Capital expenditures were $6.5 million, down from $20.5 million in the second quarter of 2025.
• Cash and cash equivalents were $38.2 million as of June 30, 2026, down from $49.9 million at December 31, 2025.
• Total debt (current maturities, short-term, and long-term) totaled $443.9 million as of June 30, 2026.
• Shareholders' equity deficit was $31.3 million as of June 30, 2026, compared to a deficit of $1.9 million at December 31, 2025.
• Net cash provided by operating activities was $14.9 million for the six months ended June 30, 2026, compared to $29.1 million used in the prior year period.

Guidance and Future Outlook

• The Company reaffirmed its 2026 guidance for Consolidated Adjusted EBITDA of $90.0 million to $100.0 million.

Business Segments and Product Lines

• Beverage Solutions: Net sales were $243.9 million, an increase of 16.8% year-over-year; Segment Adjusted EBITDA was $22.2 million, an increase of 12.7%.
• Sustainable Sourcing & Traceability: Net sales were $61.8 million, a decrease of 14.2% year-over-year; Segment Adjusted EBITDA was $2.0 million, compared to $3.3 million in the prior year period.

Management Commentary and Tone

• CEO Scott T. Ford described the quarter as "another strong quarter," noting it was the fifth consecutive quarter of year-over-year Consolidated Adjusted EBITDA growth.
• Management stated the company turned free cash flow positive ahead of its anticipated schedule.
• The CEO highlighted a robust customer and sales pipeline, a de-leveraged balance sheet, and a platform that no longer requires capital but is generating cash.

Other Key Points

• The Company is in compliance with its financial covenants under its Credit Agreement.
• The Beverage Solutions Credit Agreement secured net leverage ratio was 3.36x for the trailing twelve months ended June 30, 2026.
• The Company operates across 10 countries and serves major brands in packaged coffee, tea, ready-to-drink coffee, energy, and functional beverage categories.
• The Company hosts a conference call and webcast to discuss results, with an archived replay available for a minimum of 14 days.