Westrock Coffee Co
NASDAQ:WEST
Westrock Coffee Co
Riverview Acquisition Corp. is a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company is headquartered in Memphis, Tennessee. The company went IPO on 2021-06-08. The firm is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company has not identified any acquisition target and has not engaged in any substantive discussions, directly or indirectly, with any business combination target. The firm intend to focus on consumer-focused enterprises, including e-commerce, on the energy services and renewables sector and on the insurance and financial services sector. The firm neither engages in any business operations nor generates any revenues.
Riverview Acquisition Corp. is a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company is headquartered in Memphis, Tennessee. The company went IPO on 2021-06-08. The firm is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company has not identified any acquisition target and has not engaged in any substantive discussions, directly or indirectly, with any business combination target. The firm intend to focus on consumer-focused enterprises, including e-commerce, on the energy services and renewables sector and on the insurance and financial services sector. The firm neither engages in any business operations nor generates any revenues.
Record Results: Westrock Coffee posted record-breaking quarterly results for the second consecutive quarter, driven by new customer volume additions and effective cost management.
Strong Growth: Consolidated net sales rose 61% year-over-year, with Beverage Solutions segment sales up 60% and single-serve cup volume up 85%.
EBITDA Surge: Consolidated Adjusted EBITDA reached $23.2 million, up 125% from last year; combined segment Adjusted EBITDA for the quarter was $26.2 million.
Balance Sheet Strength: The company raised $30 million in new capital and amended credit agreements, increasing liquidity to navigate ongoing high coffee prices and tariffs.
Guidance Maintained: 2025 Adjusted EBITDA guidance remains at $60–65 million, unchanged from earlier in the year, despite customer and market uncertainties.
Customer Uncertainty: One major single-serve cup customer may leave due to an M&A transaction, but Westrock is confident in replacing lost volume with new or existing customers.
New Product Initiatives: The company is pursuing high-protein, ultra-filtered milk product lines, leveraging current facilities for potential growth.