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Post-earnings dip for Farmer Brothers [Seeking Alpha]

FARMER BROS (FARM)  More Company Research Source: Seeking Alpha
Last farmer bros earnings: 2/6 04:21 pm Check Earnings Report
PDF Post-earnings dip for Farmer BrothersFarmer Brothers (NASDAQ:FARM) is down sharply after reportingFQ2 results.The company reported adjusted EBITDA growth of 15% to $12.9M on sales growth of just over 20%. Adjusted EBITDA margin fell 30 bps to 7.7%.Green coffee processed volume was up 18.7% to 4.6M pounds during the quarter.CEO update: "We are expanding our distribution network, adding to our customer base and exploring new product categories, all of which help to position us for increasing production volumes through our existing roasting facilities. Looking forward, we remain confident in the Company’s growth potential and competitive position in the marketplace."See all stocks on the move »Now read:Time To Buy Campbell Soup » [Read more]

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