NASDAQ$WEST

Westrock Coffee Company · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Westrock Coffee announced closing of business combination with Riverview Acquisition Corp

Westrock Coffee Company announced the closing of its business combination transaction with Riverview Acquisition Corp., raising approximately $300 million of equity capital and accessing $350 million of debt capital. The company's common stock is now listed on the Nasdaq under the symbol "WEST".

  • Westrock Coffee closed its business combination with Riverview Acquisition Corp.
  • The company's common stock began trading on the Nasdaq under the ticker symbol "WEST".
  • Westrock Coffee entered into a new credit agreement including a $175 million term loan and a $175 million revolving credit facility.
  • Proceeds from the transaction and credit agreement will be used to repay existing debt and fund growth initiatives.

Headline financials

Total Revenue

$186M

Previous: $155M+20.0%
EPS (adj)

-$0.34

Previous: -$0.19-82.4%
Capital Expenditures

$8.7M

No prior period
Free Cash Flow

-$47.1M

No prior period
Net Income

-$4.71M

Previous: -$6.43M+26.9%
Operating Income

$4.35M

Previous: $163K+2566.9%
Gross Profit

$38.4M

Previous: $33.1M+16.0%
Cash & Equivalents

$11.9M

No prior period
Total Assets

$645M

No prior period
Stock-Based Comp

$171K

No prior period

Revenue & EPS history

Westrock Coffee · Revenue · Quarterly

$186M

Q1 2022+20%vs Q1 2021
Beat estimate in 1 of 9 quarters(11%)
ActualEstimate

Revenue by segment

Westrock Coffee · $177M total across 1 segment · Q3 2023

  • Beverage Solutions
    $177M+1.9%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+1.5%

Avg return

Earnings day

+3.4%

Avg return

5 days after

+2.8%

Avg return

30 days after

45%

9 / 20 earnings

Positive

+18.4%

Q1 2025

Best reaction

-14.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.8%+42.2%+24.2%
Q4 2025-3.7%+11.9%+22.5%
Q3 2025-1.5%+0.0%+2.8%
Q1 2025+18.4%+20.2%+9.8%
Q4 2024-10.9%+5.8%-10.0%
Q3 2024-2.8%-4.7%-6.7%
Q2 2024-3.1%-4.4%-14.7%
Q1 2024-0.8%+1.5%-2.4%
Q4 2023+15.4%+6.1%+10.7%
Q3 2023-14.2%-8.3%+8.9%
Q2 2023-3.7%+0.0%-5.3%
Q1 2023-6.4%-8.2%-3.0%
Q2 2022+1.7%+1.6%+3.4%
Q4 2022-0.3%+5.7%+11.3%
Q3 2022+2.6%+1.4%+10.9%
Q3 2021+2.6%+1.4%+10.9%
Q4 2020+9.9%-2.1%-5.8%
Q1 2022+9.9%-2.1%-5.8%
Q4 2021+9.9%-2.1%-5.8%
Q2 2021+9.9%+2.3%-0.1%
Q1 2021

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