Farmer Brothers reports third 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
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US:NASDAQ Investor Relations:
farmerbrothers.gcs-web.com/investor-overview
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Source: Yahoo! Finance
NORTHLAKE, Texas, May 09, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) today reported its third quarter fiscal 2024 financial results for the period ended March 31, 2024. 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. Financial results Third quarter fiscal 2024 net sales were $85.4 million compared to $85.7 million in the third quarter of fiscal 2023. Overall, net sales decreased slightly on a year-over-year basis due to a reduction in unit sales, offset by higher pricing. Gross margins increased 660 basis points on a year-over-year basis to 40.1% compared to 33.5% for the third quarter of the prior year. Gross profit during the quarter increased $5.5 million to $34.2 million, or 19% on a year-over-year basis, compared to $28.8 million for the third quarter of fiscal 2023. The incre
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FARM
News
- CEC Entertainment Appoints Scott Drake as New Executive Vice President, Chief Financial Officer, and Names New Executives [Yahoo! Finance]Yahoo! Finance
- Farmer Bros. Co. (NASDAQ: FARM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Farmer Bros Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Farmer Bros. Co. (NASDAQ: FARM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Farmer Bros. Co. (NASDAQ:FARM) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
FARM
Earnings
- 5/9/24 - Beat
FARM
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 5/3/24 - Form 8-K/A
- FARM's page on the SEC website