NasdaqGM:WESTFood
Westrock Coffee (WEST) Stock Can Positive Free Cash Flow End Its Losses?
Westrock Coffee stock barely budged after earnings, closing up 1.7% at US$8.23. For a company that just booked record adjusted EBITDA of US$21.3m and turned free cash flow positive, that is a muted reaction. The short term read is simple. Traders see another quarter with a net loss and move on.
The longer view looks different. Revenue reached about US$305.7m for the quarter and adjusted EBITDA is tracking against a full year target of US$90m to US$100m. The key question is whether this shift...