Farmer Brothers Draws Down on Revolving Credit Facility to Enhance Financial Flexibility
Farmer Brothers Company (FARM)
Last farmer brothers company earnings: 2/6 04:05 pm
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US:NASDAQ Investor Relations:
farmerbrothers.gcs-web.com/investor-overview
Company Research
Source: GlobeNewswire
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. Deverl Maserang, President and Chief Executive Officer of Farmer Brothers, said, “We remain focused on taking actions to support the long-term sustainability of our business as we continue to navigate the evolving COVID-19 situation. In addition to the steps we have already taken to eliminate discretionary expenses and reduce capital expenditures, we are accessing additional funds through our credit facility as a precautionary measure to maintain our financial flexibility. This will also allow us to accelerate the continued rebalancing of our manufacturing a
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FARM
News
- Are SEM, FARM, TMRC Obtaining Fair Deals for their Shareholders?PR Newswire
- SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Farmer Brothers Co. (NASDAQ: FARM)PR Newswire
- BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Farmer Brothers Coffee Co. (Nasdaq - FARM), Texas Mineral Resources Corp. (OTCQB - TMRC), NCR Atleos Corporation (NYSE - NATL), KORE Group Holdings, Inc. (NYSE - KOREGlobeNewswire
- Royal Cup to buy US tea-and-coffee peer Farmer Brothers [Yahoo! Finance]Yahoo! Finance
- Shareholder Alert: The Ademi Firm investigates whether Farmer Brothers Coffee Co. is obtaining a Fair Price for its Public ShareholdersPR Newswire
FARM
Earnings
- 2/13/26 - Miss
FARM
Sec Filings
- 3/5/26 - Form SCHEDULE
- 3/4/26 - Form 8-K
- 3/4/26 - Form DEFA14A
- FARM's page on the SEC website