Westrock Coffee shares fell with earnings below expectations in the fourth quarter.

Westrock Coffee Company (NASDAQ:WEST) shares fell 14% following its fourth-quarter earnings report, which came in below analyst expectations. The company reported a loss of $0.26 per share for the quarter, significantly missing the consensus estimate of a $0.03 loss. The quarterly revenue was announced at $228.98 million, falling short of the anticipated $252.52 million.

For the full year ending December 31, 2024, the company's financial results showed an increase in net losses compared to the previous year. The annual net loss rose from $34.6 million in 2023 to $80.3 million, with net sales declining by 1.6% to $850.7 million. Despite these challenges, gross profit increased by 10% to $153.8 million. CEO Scott T. Ford commented on the progress made in 2024, highlighting new major brand partnerships and the expected impact of new contracts at the $400 million production complex in Conway, Arkansas.