Welcome to our dedicated page for Farmer Brother news (Ticker: FARM), a resource for investors and traders seeking the latest updates and insights on Farmer Brother stock.
Farmer Brothers (FARM) maintains this dedicated news hub for investors and industry stakeholders tracking developments in coffee distribution and foodservice solutions. Our news collection provides timely updates on operational milestones, financial disclosures, and strategic initiatives from this established coffee roaster and culinary products provider.
This resource consolidates essential information about FARM's sustainable sourcing practices, Direct Store Delivery network enhancements, and product innovation efforts. Users will find press releases covering earnings reports, leadership changes, facility expansions, and sustainability achievements alongside analysis of market positioning within the competitive foodservice distribution sector.
All content undergoes strict verification to ensure accuracy and relevance for financial decision-making. The archive serves both casual observers and professional analysts requiring detailed insights into FARM's operational strategies and industry relationships.
Bookmark this page for streamlined access to verified updates about Farmer Brothers' partnerships with hospitality providers, retail expansions, and quality assurance programs. Check regularly for new developments affecting the company's position in coffee wholesale markets and foodservice logistics.
Farmer Brothers Coffee (NASDAQ: FARM), a national coffee roaster and distributor, has announced it will release its fiscal third quarter 2025 financial results for the period ended March 31, 2025, on Thursday, May 8, after market close.
The company will host an audio-only investor conference call and webcast at 5 p.m. Eastern on the same day to review quarterly performance and provide a business update. The webcast and earnings release will be available on the company's Investor Relations website, with pre-registration available for immediate call access.
Farmer Brothers, founded in 1912, specializes in organic, Direct Trade, and sustainable coffee products, serving diverse customers from independent restaurants to large institutional buyers across the United States.
Farmer Brothers Coffee (NASDAQ: FARM) reported Q2 fiscal 2025 results with net sales of $90 million, up slightly from $89.5 million in Q2 2024. The company achieved a gross margin of 43.1%, representing a 270 basis points increase year-over-year. Net income was $210,000, compared to $2.7 million in Q2 2024, with the difference primarily due to decreased gains from asset disposals.
The company reported improved adjusted EBITDA of $5.9 million, up $3.6 million from Q2 2024. Operating expenses increased to $37.8 million (42% of net sales) from $31.7 million in the prior year. As of December 31, 2024, the company had $5.5 million in unrestricted cash and $23.3 million in outstanding borrowings, with $23.7 million available under its revolving credit facility.
Farmer Brothers Coffee (NASDAQ: FARM) has announced it will release its fiscal second quarter 2025 financial results for the period ended December 31, 2024, on Thursday, February 6, 2025, after market close. The company will host an audio-only investor conference call and webcast at 5 p.m. Eastern on the same day.
The earnings release and Form 10-Q will be available on the company's Investor Relations website. Pre-registered callers will receive dial-in details and a unique PIN for immediate call access. An audio replay will be archived for at least 30 days on farmerbros.com.
Farmer Brothers, established in 1912, operates as a national coffee roaster, wholesaler, and distributor of coffee, tea, and culinary products. Their portfolio includes organic and Direct Trade coffee, tea, cappuccino mixes, and other culinary items, serving customers from small restaurants to large institutional buyers.
Farmer Brothers (NASDAQ: FARM) has appointed Brian Miller as vice president of sales, bringing over 25 years of consumer product industry experience to the role. The company also announced that Tom Bauer, former vice president and chief commercial officer, will transition to vice president and chief field operations officer, overseeing DSD, logistics, planning, and procurement operations.
Miller joins from Custom Ink and previously held leadership positions at Primo Water and Mars Drinks North America. His appointment aims to drive top-line growth and enhance the customer base for long-term profitability. The company, founded in 1912, operates as a national coffee roaster, wholesaler, and distributor of coffee, tea, and culinary products, serving various customers from independent restaurants to large institutional buyers.
Nature Fresh Farms, a leading North American greenhouse produce grower, has appointed Patrick Criteser as CEO to lead its expansion. Criteser, former president and CEO of Tillamook County Creamery Association, brings over 30 years of leadership experience, including successful tenures at Coffee Bean International and Farmer Brothers. The company's founder, Peter Quiring, will transition to executive chairman while John Ketler remains president. Nature Fresh Farms operates 2,500 acres of sustainable greenhouses across Canada, the U.S., and Mexico, producing tomatoes, peppers, cucumbers, and berries year-round using advanced technology and sustainable practices.
Farmer Brothers Coffee reported Q1 fiscal 2025 results with net sales of $85.1 million, up 4% year-over-year. Gross margin improved 630 basis points to 43.9%. The company reported a net loss of $5 million, compared to a $1.3 million loss in Q1 2024, primarily due to a $1.7 million loss from asset disposal. Adjusted EBITDA improved to $1.4 million from a loss of $452,000 in the prior year. The company had $3.3 million in unrestricted cash and $23.3 million in outstanding borrowings as of September 30, 2024.
Farmer Brothers Coffee (NASDAQ: FARM) will release its fiscal first quarter 2025 financial results for the period ended September 30, 2024, on Thursday, November 7, after market close. The company will host an audio-only investor conference call and webcast at 5 p.m. Eastern on the same day. Participants can access the call by dialing 888-999-6281. The webcast and earnings release will be available on the company's Investor Relations website, with a replay archived for at least 30 days.
Farmer Brothers (NASDAQ: FARM) reported its fiscal 2024 financial results, showing significant improvements in profitability despite a slight decrease in net sales. Key highlights include:
- Full year net sales of $341.1 million, a 0.3% increase from fiscal 2023
- Gross margin increase of 560 basis points to 39.3%
- Net loss reduced to $3.9 million from $34 million in the previous year
- Adjusted EBITDA improved to $558,000, up $14.7 million from fiscal 2023
The company's transformation efforts, including the sale of its direct ship business and focus on the more profitable DSD business, have contributed to these improvements. Farmer Brothers continues to streamline operations and upgrade technology infrastructure to enhance customer service and operational efficiency.
Farmer Bros. Co. (NASDAQ: FARM) has announced the upcoming release of its fiscal fourth quarter and full year 2024 financial results. The company will publish its 10-K filing and earnings release on Thursday, September 12, 2024, after market close. These documents will be available on the Investor Relations section of the company's website.
Following the release, Farmer Brothers will host an audio-only investor conference call and webcast at 5 p.m. Eastern on the same day. The call will provide a review of the quarter and full fiscal year, along with a business update. Pre-registered callers will receive dial-in details and a unique PIN for immediate access to the call. An audio replay of the webcast will be archived on the company's website for at least 30 days.
Farmer Brothers, a leading national coffee roaster, reported the issuance of inducement awards to CFO Vance Fisher under the Nasdaq Listing Rule 5635(c)(4). Effective July 1, 2024, the awards include 60,000 time-vesting restricted stock units (RSUs) and 120,000 performance-based restricted stock units (PBRSUs). The RSUs will vest over three years subject to Fisher's continued employment. The PBRSUs will vest if the company's stock price averages at least $6 over 90 days or a change in control occurs, with a $6 per share valuation. The PBRSUs expire after three years if these conditions aren't met. The inducement plan aims to attract new employees through equity awards.
Founded in 1912, Farmer Brothers provides extensive beverage planning services and culinary products to various U.S.-based customers, including independent restaurants, large institutional buyers, and grocery chains. Their brands include Farmer Brothers, Boyd's, Cain’s, China Mist, and West Coast Coffee.
