Westrock Coffee posts Q3 loss, revenue miss and secures $600 million credit facility
+1 new source since this summary was written
Westrock Coffee reported third‑quarter 2026 revenue of $300.2 million, down 15.4% year‑over‑year, and a GAAP loss of $9.9‑$10 million, translating to EPS of –$0.10. Gross profit was $41.5 million and adjusted EBITDA rose 58% to $73.7 million. The company completed a $600 million senior secured credit facility and repurchased $40 million of convertible notes, cutting net leverage to about 3.1 times.
Why it matters
The revenue shortfall and wider‑than‑expected loss triggered a 12% share decline, while the new credit facility and note repurchase improve liquidity and reduce debt service costs, which may support future earnings guidance.
Key facts
- 1Q3 2026 revenue was $300.2 million, down 15.4% YoY. tradingview.com
- 2GAAP EPS for the quarter was –$0.10, matching estimates. seekingalpha.com
- 3Gross profit was $41.5 million. finance.yahoo.com
- 4Operating profit improved to $3.2 million from a $8.6 million loss a year earlier. finance.yahoo.com
- 5Net loss narrowed to $10 million (approximately $9.9 million) from $19.1 million a year earlier. finance.yahoo.com
- 6Adjusted EBITDA increased 58% YoY to $73.7 million. finance.yahoo.com
Open questions
- Material 4 states sales of $1.2 billion versus $1.3 billion expected, which conflicts with the $300.2 million revenue reported in materials 1‑3.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.