04:12 PM EDT, 03/12/2025 (MT Newswires) -- (Updates with revised 2025 guidance, CFO remarks and other details throughout.)

Westrock Coffee ( WEST ) shares were sinking past 10% Wednesday, a day after the company reported wider-than-expected loss and warned that high prices will likely weigh on customer demand this year.

The coffee and tea supplier scaled back its forecast for 2025 adjusted earnings before interest, taxes, depreciation and amortization to a range of $60 million to $73 million, down from its prior guidance of between $80 million and $100 million.

Westrock Chief Financial Officer Thomas C. Pledger said the revised guidance reflects "the potential risk of softer customer demand due to higher coffee prices" and to reflect some conservatism as the company ramps up ready-to-drink business and opens a new facility at Conway, Arkansas, in Q2.

The company reported Q4 net loss of $0.26 per diluted share, compared with a $0.23 loss a year ago. Analysts polled by FactSet expected a loss of $0.11. Net sales for the quarter ended Dec. 31 were $229.0 million, up from $215.0 million a year earlier. Analysts expected $223.6 million.

Westrock said 2026 adjusted EBITDA outlook was unchanged at $130 million to $150 million as Conway facility will be fully operational.

Price: 5.89, Change: -0.70, Percent Change: -10.62