Westrock Coffee falls after dour annual profit forecast

Westrock Coffee

12/03/2025 15:36

** Shares of coffee supplier Westrock Coffee WEST.O down as much as 14.3% at $5.65

** Stock set for its worst day since August 2022, if losses hold

** Co forecast core profit (consolidated adjusted EBITDA)  for both halves of FY25 largely below estimates, after market close on Tuesday

** Also reported a wider-than-expected loss in Q4, while net sales narrowly beat expectations, according to data compiled by LSEG

** Brokerage Telsey Advisory Group says forecast incorporates softness in demand due to higher coffee prices and conservatism in the production ramp of Conway facility

** Stock rated "buy" on avg.; median PT is $12, per data compiled by LSEG

** WEST fell 37.1% in 2024, and was down 9.8% YTD including session moves

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))