Welcome to our dedicated page for Farmer Bros Co news (Ticker: FARM), a resource for investors and traders seeking the latest updates and insights on Farmer Bros Co stock.
Farmer Bros Co. (NASDAQ: FARM) is a leading national coffee roaster, wholesaler, and distributor of coffee, tea, and culinary products. Founded in 1912 and headquartered in Northlake, Texas, the company serves over 65,000 customers across the United States, including restaurants, hotels, casinos, offices, quick-service restaurants (QSRs), convenience stores, and healthcare facilities.
Farmer Brothers offers a comprehensive range of products, encompassing organic, fair trade, and sustainably produced coffee beans. Its product portfolio includes well-known brands such as Artisan Collection™, Metropolitan™, Superior®, Cain’s™, and McGarvey®. Alongside coffee, the company provides a full line of hot and iced teas, spices, mixes, and coffee/tea brewing equipment, delivering extensive beverage planning services to its clients.
In recent years, Farmer Brothers has shifted its focus to direct store delivery (DSD), a strategy that has shown early signs of success. The company reported a notable increase in gross margins and adjusted EBITDA, reflecting its efforts to streamline operations and strengthen financial performance. The company aims to achieve positive free cash flow by early fiscal 2025.
Farmer Brothers has also made strategic moves, including selling its Northlake headquarters and centralizing roasting operations in Portland, Oregon. This transition is expected to optimize operations and support future growth. The company continues to innovate and expand its product offerings while maintaining a strong commitment to sustainability and quality.
Under the leadership of CEO John Moore, who brings over 30 years of experience in the coffee industry, Farmer Brothers is well-positioned to leverage its DSD network and drive long-term growth. The company remains focused on delivering high-quality products and exceptional customer service, building on its century-long legacy in the beverage industry.
FAQ
What is the current stock price of Farmer Bros Co (FARM)?
What is the market cap of Farmer Bros Co (FARM)?
What does Farmer Bros Co. do?
What are the key products of Farmer Bros Co.?
Who are the main customers of Farmer Bros Co.?
What recent changes has Farmer Bros Co. made in its operations?
Who is the CEO of Farmer Bros Co.?
What is the financial outlook for Farmer Bros Co.?
What sustainability practices does Farmer Bros Co. follow?
How can investors access Farmer Bros Co.’s financial reports?
What is the primary strategy of Farmer Bros Co. going forward?
Where is Farmer Bros Co. headquartered?
