Farmer Bros. Shares Rise 18% on Swing to 2Q Profit [MarketWatch]
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
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Source: MarketWatch
The stock, which closed down 5.7% to $3.12, is down 38% over the last 12 months through Thursday. Advertisement The coffee, tea and culinary products manufacturer posted net income of $2.7 million, or 13 cents a share, for the fiscal second quarter ended Dec. 31, swinging from a loss of $13.6 million, or 73 cents a share, a year earlier. Sales edged up to $89.5 million from $88.9 million. Farmer Bros. attributed the change in sales to a positive impact from higher pricing from prior periods, though they were offset by a decrease in year-over-year coffee and allied product volume. The Northlake, Texas-based company said during the second half of the fiscal year it's focused on further improvement through measures including improving its cost structure and driving customer growth and retention. "While we do not expect results to be linear on a quarter-over-quarter basis, we believe we are in a better position to generate sustainable top-line growth," said Chief Executive Jo
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FARM
News
- Farmer Brothers to report fiscal third quarter 2024 financial resultsGlobeNewswire
- The past five years for Farmer Bros (NASDAQ:FARM) investors has not been profitable [Yahoo! Finance]Yahoo! Finance
- SHOTT Showcases 100 Unrivaled Flavored Syrups at 2024 Specialty Coffee Expo [Yahoo! Finance]Yahoo! Finance
- Zacks Industry Outlook Highlights Performance Food Group, Sprouts Farmers Market and Farmer Bros [Yahoo! Finance]Yahoo! Finance
- Watch These 3 Natural Food Stocks on Stellar Industry Trends [Yahoo! Finance]Yahoo! Finance
FARM
Earnings
- 2/8/24 - Beat
FARM
Sec Filings
- 5/3/24 - Form 8-K/A
- 4/1/24 - Form 4
- 3/15/24 - Form 4/A
- FARM's page on the SEC website