Farmer Bros.

Farmer Brothers Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products. The company's products include roasted and liquid coffee, flavored and unflavored teas, coffee related products such as coffee filters, sugar and creamers, culinary products like spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, syrups and sauces, and other beverages including cappuccino, cocoa, granitas, and concentrated and ready-to-drink cold brew and iced coffee. The company was founded by Roy E. Farmer in 1912 and is headquartered in Northlake, TX.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Farmer Brothers reports 4% sales growth and strategic pricing initiatives

Farmer Brothers faced challenges in sales growth and gross margin rebuilding, but also saw improvements in net sales and gross margin. The company's strategic initiatives, including pricing optimization and production process enhancements, show promise for future efficiencies and capturing pricing opportunities. Despite the reported EBITDA loss, management expressed confidence in the company's direction and urgency in achieving goals.

Farmer Bros. reports strong Q2 performance amidst inflation challenges

Farmer Bros. delivered a robust performance in Q2 2023, marked by sales growth, improved margins, and enhanced financial flexibility through cash balance growth.
While facing inflationary pressures and operational challenges, the company's focus on cost management, pricing strategies, and working capital optimization positions it for future growth.
Opportunities lie in leveraging a more favorable cost environment, enhancing pricing strategies, and addressing operational hurdles to drive sustained profitability and growth.

Farmer Bros. reports Q3 growth amidst pricing challenges and strategic changes

Farmer Bros. faced challenges in sales growth and gross margin rebuilding but made strategic changes to drive efficiencies and capture pricing opportunities. Despite an adjusted EBITDA loss, the company saw growth in net sales and certain business units, indicating potential for future improvement.

Farmer Bros. reports Q4 results, focuses on margin improvement

Farmer Bros. is navigating challenges with a focus on margin improvement, debt reduction, and new growth initiatives. Despite near-term hurdles, management remains optimistic about the company's future.

Farmer Bros. reports strong Q1 performance, eyes positive cash flow

Farmer Bros. delivered a solid performance in Q1 2024, driven by revenue growth, margin expansion, and cost reduction efforts. While facing challenges in managing operating expenses, the company is well-positioned to capitalize on growth opportunities and generate positive free cash flow in the future.

Farmer Bros. reports robust Q2 performance, eyes growth opportunities

Farmer Bros. delivered a strong performance in Q2 2024, with notable improvements in gross margin, adjusted EBITDA, and net income.
Strategic initiatives focused on customer retention, technology enhancement, and operational efficiency bode well for the company's future growth.
While challenges in sustaining momentum and managing expenses exist, opportunities in market expansion and innovation present avenues for continued success.
Overall, Farmer Bros. is on a positive trajectory with a solid financial foundation and strategic focus on driving long-term value for stakeholders.

Farmer Bros. reports robust Q3 performance, eyes long-term value creation

Farmer Bros. delivered a strong performance in Q3 2024, showcasing improvements in key metrics and operational efficiencies. The company's focus on DSD transformation and customer retention bodes well for long-term value creation. Challenges remain in sustaining growth and optimizing expenses, but opportunities for market expansion and improved profitability are evident.

Farmer Bros. reports improved Q4 performance and eyes fiscal '25 growth

Farmer Bros. demonstrated improved financial performance through operational efficiencies and margin enhancement.
Management's strategic focus on profitability and growth initiatives bodes well for future performance.
Challenges in customer retention and economic uncertainties require proactive measures for sustained success.

Farmer Bros. (FARM) reports robust Q1 performance and growth strategies

Farmer Bros. demonstrated strong financial performance and operational improvements in Q1 2025, driven by strategic initiatives and enhanced sales strategies.
While facing challenges such as increased operating expenses and market volatility, the company's focus on efficiency and growth presents opportunities for future success.
Management's confidence in the company's direction and ability to navigate challenges underscores a positive outlook for sustainable growth and value creation.

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Farmer Brothers Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products. The company's products include roasted and liquid coffee, flavored and unflavored teas, coffee related products such as coffee filters, sugar and creamers, culinary products like spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, syrups and sauces, other beverages including cappuccino, cocoa, granitas, and concentrated and ready-to-drink cold brew, and iced coffee. The company was founded by Roy E. Farmer in 1912 and is headquartered in Fort Worth, TX.

Shares of Farmer Bros (NASDAQ:FARM) fell 14.63% in after-market trading after the company reported Q4 results.

Farmer Bros: Q4 Earnings Insights

Farmer Brothers (FARM) delivered earnings and revenue surprises of -35.90% and -9.56%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Farmer Brothers (FARM) Reports Q4 Loss, Lags Revenue Estimates

On Thursday, September 10, Farmer Bros (NASDAQ: FARM) will release its latest earnings report.

Earnings Preview for Farmer Bros

Farmer Brothers (FARM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Farmer Brothers (FARM) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

NORTHLAKE, Texas, Aug.  27, 2020  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today announced that the Company will release financial results for its fourth quarter and full fiscal year ended June 30, 2020 and provide an update on its fourth quarter events after the market closes on Thursday, September 10, 2020. President and Chief Executive Officer, Deverl Maserang, and Chief Financial Officer, Scott Drake, will host an audio-only investor conference call webcast on that day at 5:00 p.m. Eastern time (4:00 p.m. Central time) to review the Company’s financial results. The Company’s earnings press release will be available on the Company’s website at www.farmerbros.com under “Investor Relations.”

Farmer Bros. Co. to Report Fourth Quarter and Full Fiscal 2020 Financial Results

NORTHLAKE, Texas, July  29, 2020  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today announced it has amended its credit facility with JPMorgan Chase Bank, N.A to increase the Company’s flexibility in supporting its current and future business operations as the COVID-19 situation continues to evolve. The Company also provided a business update for the fourth quarter of 2020.

Farmer Brothers Amends Credit Agreement and Provides Business Update

NORTHLAKE, Texas, July  06, 2020  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) ( “Farmer Brothers” or the “Company”) today announced that on July 1, 2020, the Company issued a non-qualified stock option to purchase shares of the Company’s common stock with an aggregate grant date Black-Scholes value of $75,000, consisting of the option to purchase 29,761 shares with an exercise price of $7.23 per share (the “Option Grant”), which is equal to the closing price of the Company’s common stock on the date of grant and a restricted stock unit award consisting of 10,373 shares of the Company’s common stock (the “Stock Award”) to its new Chief Sales Officer, Maurice S.J. Moragne, under the Farmer Bros. Co. 2020 Inducement Incentive Plan (the “Inducement Plan”).  The Option Grant has a seven-year term and will ratably vest over three years on each anniversary of the award date, and the Stock Award will vest in full on the third anniversary of the award date, subject to Mr. Moragne’s continued employment through each vesting date.  The Compensation Committee of the Company’s Board of Directors approved the Grant on May 27, 2020.

Farmer Brothers Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

NORTHLAKE, Texas, June  10, 2020  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today announced the appointment of Maurice Moragne as Chief Sales Officer, effective June 8, 2020.

Farmer Brothers Appoints Maurice Moragne as Chief Sales Officer

Farmer Bros. Co. (FARM) CEO Deverl Maserang on Q3 2020 Results - Earnings Call Transcript

NORTHLAKE, Texas, May  07, 2020  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the "Company") today reported financial results for its third fiscal quarter ended March 31, 2020. The Company also provided an update on its response to the COVID-19 pandemic.

Farmer Bros. Co. Reports Third Quarter Fiscal 2020 Financial Results and Provides COVID-19 Update

NORTHLAKE, Texas, April  29, 2020  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today announced that it has drawn down $34.0 million on its $125.0 million revolving credit facility, bringing the total amount outstanding to $122.0 million of revolving loans and $2.3 million of outstanding letters of credit. This is a proactive measure to increase the Company’s cash position and preserve financial flexibility.

Farmer Brothers Draws Down on Revolving Credit Facility to Enhance Financial Flexibility

Continuing to Serve Customers; Pivoting to Deliver for Customers on E-Commerce and Direct Ship

Farmer Brothers Provides Business Update

NORTHLAKE, Texas, March  11, 2020  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the "Company") today announced it has amended its credit facility with JPMorgan Chase Bank, N.A to increase the Company’s flexibility in funding future capital improvements and execute on the strategic projects underpinning the Company’s five key initiatives. The $125 million credit facility has a maturity date in November 2023 and is subject to affirmative and negative covenants customary in a senior secured lending facility, including financial covenants relating to leverage and interest expense coverage. 

Farmer Brothers Amends Credit Agreement to Support Strategic Initiatives

Farmer Bros. Co. (FARM) CEO Deverl Maserang on Q2 2020 Results - Earnings Call Transcript

NORTHLAKE, Texas, Jan.  23, 2020  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) (the “Company” or “Farmer Brothers”) today announced that its Board of Directors has named Christopher Mottern as Board Chairman, effective January 22, 2020. Mr. Mottern, who has served as a director on the Farmer Brothers Board since 2013, succeeds Randy Clark, who will continue to serve as a director of the Company.

Farmer Brothers Board of Directors Appoints New Chairman

MRWSY vs. FARM: Which Stock Is the Better Value Option?

Results Indicate Stockholders Support the Election of All Three of Farmer Brothers’ Highly-Qualified Director Nominees

Farmer Bros. Announces Preliminary Results of Annual Meeting of Stockholders

NORTHLAKE, Texas, Dec.  03, 2019  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) (the “Company” or “Farmer Brothers”) today announced that Richard Farmer, a member of the founding Farmer family, provided the Company with the following statement to share with other stockholders:

Richard Farmer Announces Support for Farmer Brothers’ Director Nominees

Farmer Bros. Co. (FARM) CEO Chris Mottern on Q1 2020 Results - Earnings Call Transcript

Farmer Bros. Co. (FARM) CEO Deverl Maserang on Q1 2020 Results - Earnings Call Transcript

Earnings Preview: Farmer Brothers (FARM) Q1 Earnings Expected to Decline

Farmer Bros. Co. (FARM) CEO Chris Mottern on Q4 2019 Results - Earnings Call Transcript

NORTHLAKE, Texas, Sept.  10, 2019  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today reported financial results for its fourth quarter and fiscal year ended June 30, 2019.

Farmer Bros. Co. Reports Fourth Quarter and Fiscal 2019 Financial Results

NORTHLAKE, Texas, Sept.  10, 2019  (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today announced the appointment of Deverl Maserang as President, Chief Executive Officer, and a member of the Company’s Board of Directors (the “Board”), effective September 13, 2019. Mr. Maserang succeeds Chris Mottern, who has served as interim Chief Executive Officer since May 2019. Mr. Mottern will work closely with Mr. Maserang to ensure a smooth transition of responsibilities and will remain a member of the Board.

News for Farmer Bros. Stock (FARM)