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-0.0167597765363129 -0.0167597765363129 0.0335195530726257 0.00837988826815649 0.0111731843575419 0.0111731843575419 -0.0167597765363129 -0.0111731843575419
Stock impact report

Farmer Brothers reports second quarter fiscal 2024 financial results and publishes quarterly shareholder letter [Yahoo! Finance]

Farmer Brothers Company (FARM) 
Last farmer brothers company earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
NORTHLAKE, Texas, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ: FARM) today reported its second quarter fiscal 2024 financial results for the period ended Dec. 31, 2023. The company filed its Form 10-Q and published its quarterly shareholder letter, which contains additional details regarding the results. Both of those documents can be found on the Investor Relations section of the company's website “As we continue to transition our company to focus solely on what we have always done best – direct store delivery (DSD), we are pleased to see early momentum in several of our operational and financial metrics,” said President and Chief Executive Officer John Moore. “We delivered meaningful improvements in gross margin and adjusted EBITDA during the quarter, with our gross margin rising above 40% for the first time in more than a year. Although we do not expect our progress to be linear, we believe we will continue to see long-term improvement and are well on our way to be Show less Read more
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