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Stock impact report

Farmer Bros. Co. Reports Second Quarter Fiscal 2019 Financial Results

Farmer Brothers Company (FARM) 
Last farmer brothers company earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
NORTHLAKE, Texas, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the "Company") today reported financial results for its second fiscal quarter ended December 31, 2018. Second Quarter Fiscal 2019 Highlights: Volume of green coffee processed and sold decreased by 1.7 million pounds to 27.4 million pounds, a 5.8% decrease over the prior year period; Green coffee pounds processed and sold through our DSD network were 9.9 million, or 36.0% of total green coffee pounds processed and soldDirect ship customers represented 17.0 million, or 62.2%, of total green coffee pounds processed and soldDistributor customers represented 0.5 million pounds, or 1.8%, of total green coffee pounds processed and sold Net loss was $(10.1) million compared to net loss of $(17.1) million in the prior year period; andAdjusted EBITDA was $12.4 million compared to $10.5 million in the prior year period.* (*Adjusted EBITDA, a non-GAAP financial measure, is reconciled to its corresponding GAA Show less Read more
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