Westrock Coffee Schedules Closing of Merger with Riverview and Reports Second Quarter 2022 Results
Closing of Merger with Riverview Scheduled On or About August 26, 2022
Grows Net Sales by 31% Compared to the Second Quarter of 2021
Shrinks Net Loss by 4% Compared to the Second Quarter of 2021
Grows Adjusted EBITDA by 19% Compared to the Second Quarter of 2021
Westrock Coffee Holdings, LLC ("Westrock Coffee" or the "Company") today reported financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 Highlights:
Consolidated net sales were $223.4 million in the second quarter of 2022, an increase of $52.3 million, or 31%, from the second quarter of 2021.
Net loss was $5.8 million in the second quarter of 2022, compared to a net loss of $6.1 million in the sec