Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including gelatins and puddings, soup bases, dressings, gravy and sauce mixes, pancake and biscuit mixes, jellies and preserves, and coffee-related products, such as coffee filters, sugar, and creamers; spices; and other beverages comprising cappuccino, cocoa, granitas, and concentrated and ready-to-drink cold brew and iced coffee. It sells its products under the Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, China Mist, Boyds, Direct Trade, Project D.I.R.E.C.T., Fair Trade Certified, Public Domain, Rainforest Alliance Certified, Un Momento, Collaborative Coffee, Cain's, and McGarvey brands, as well as under various private labels. The company serves small independent restaurants, foodservice operators, restaurants, department and convenience store chains, hotels, casinos, healthcare facilities, gourmet coffee houses, grocery chains, and foodservice distributors. It distributes its products through direct-store-delivery network, and common carriers or third-party distributors, as well as Website. Farmer Bros. Co. has strategic partnership with High Brew Coffee. Farmer Bros. Co. was founded in 1912 and is headquartered in Northlake, Texas.
IPO Year:
Exchange: NASDAQ
Website: farmerbros.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/1/2021 | $7.00 → $14.00 | Neutral → Buy | ROTH Capital |
Third quarter fiscal 2025 net sales of $82.1 millionThird quarter fiscal 2025 gross margin increase of 200 basis points year-over-year to 42.1%Reported third quarter net loss of $5 million and improved adjusted EBITDA1 of $1.7 millionCompletion of the company's brand pyramid and SKU rationalization initiative with the launch of its specialty coffee brand, Sum>One Coffee Roaster FORT WORTH, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Coffee Co. (NASDAQ:FARM) today reported its third quarter fiscal 2025 financial results for the period ended March 31, 2025. The company filed its Form 10-Q, which can be found on the Investor Relations section of the company's website. "The thir
FORT WORTH, Texas, April 24, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM), a leading roaster, wholesaler and distributor of coffee, tea and allied products, announced today it will publish its fiscal third quarter 2025 financial results for the period ended March 31, 2025 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market on Thursday, May 8. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, May 8 to provide a review of the quarter and business update. The live audio webcast along with the pre
Second quarter fiscal 2025 net sales of $90 millionSecond quarter fiscal 2025 gross margin increase of 270 basis points year-over-year to 43.1%Reported second quarter net income of $210,000 and improved adjusted EBITDA1 of $5.9 million FORT WORTH, Texas, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) today reported its second quarter fiscal 2025 financial results for the period ended Dec. 31, 2024. The company filed its Form 10-Q, which can be found on the Investor Relations section of the company's website. "The second quarter was one of our strongest performing quarters in quite some time despite the challenging market environment," said Farmer Brothers President and
FORT WORTH, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) announced today it will publish its fiscal second quarter 2025 financial results for the period ended Dec. 31, 2024 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Feb. 6. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Feb. 6 to provide a review of the quarter and business update. The live audio webcast along with the press release will be available on the Investor Relations section of the company's web
First quarter fiscal 2025 net sales of $85.1 million, up 4% on a year-over-year basisFirst quarter fiscal 2025 gross margin increase of 630 basis points year-over-year to 43.9%Reported net loss of $5 million and improved adjusted EBITDA1 of $1.4 million FORT WORTH, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) today reported its first quarter fiscal 2025 financial results for the period ended Sept. 30, 2024. The company filed its Form 10-Q, which can be found on the Investor Relations section of the company's website. "We are encouraged by the improvements we saw during the first quarter, particularly in terms of gross margins and adjusted EBITDA on a year-o
FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) announced today it will publish its fiscal first quarter 2025 financial results for the period ended Sept. 30, 2024 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Nov. 7. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Nov. 7 to provide a review of the quarter and business update. The live audio webcast along with the press release will be available on the Investor Relations section of the company's websi
Fiscal year 2024 gross margin increase of 560 basis points year-over-year to 39.3%Reported full year net loss of $3.9 million, increased full year adjusted EBITDA1 to $558,000Fiscal 2024 net sales of $341.1 million FORT WORTH, Texas, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) today reported its fourth quarter and full year fiscal 2024 financial results for the period ended June 30, 2024. The company filed its Form 10-K, which can be found on the Investor Relations section of the company's website. "This past year was a transformative one for Farmer Brothers," said President and Chief Executive Officer John Moore. "The decision to sell our direct ship busine
FORT WORTH, Texas, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) announced today it will publish its fiscal fourth quarter and full year 2024 financial results for the period ended June 30, 2024 with the filing of its 10-K and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Sept. 12. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Sept. 12 to provide a review of the quarter and full fiscal year, and a business update. Callers who pre-register will be emailed dial-in details and a unique PIN to gain im
Fiscal Q3 2024 net sales of $85.4 million Gross margin increase of 660 basis points year-over-year to 40.1% 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 resultsThird 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 slightl
NORTHLAKE, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ:FARM) announced today the company will publish its fiscal third quarter 2024 financial results for the period ended March 31, 2024 with the filing of its 10-Q and the issuing of its quarterly shareholder letter, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, May 9. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, May 9 to provide a review of the quarter and business update. Callers who pre-register will be emailed dial-in details and a unique PIN to gain immediate access to the call and b
Third quarter fiscal 2025 net sales of $82.1 millionThird quarter fiscal 2025 gross margin increase of 200 basis points year-over-year to 42.1%Reported third quarter net loss of $5 million and improved adjusted EBITDA1 of $1.7 millionCompletion of the company's brand pyramid and SKU rationalization initiative with the launch of its specialty coffee brand, Sum>One Coffee Roaster FORT WORTH, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Coffee Co. (NASDAQ:FARM) today reported its third quarter fiscal 2025 financial results for the period ended March 31, 2025. The company filed its Form 10-Q, which can be found on the Investor Relations section of the company's website. "The thir
FORT WORTH, Texas, April 24, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM), a leading roaster, wholesaler and distributor of coffee, tea and allied products, announced today it will publish its fiscal third quarter 2025 financial results for the period ended March 31, 2025 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market on Thursday, May 8. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, May 8 to provide a review of the quarter and business update. The live audio webcast along with the pre
Second quarter fiscal 2025 net sales of $90 millionSecond quarter fiscal 2025 gross margin increase of 270 basis points year-over-year to 43.1%Reported second quarter net income of $210,000 and improved adjusted EBITDA1 of $5.9 million FORT WORTH, Texas, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) today reported its second quarter fiscal 2025 financial results for the period ended Dec. 31, 2024. The company filed its Form 10-Q, which can be found on the Investor Relations section of the company's website. "The second quarter was one of our strongest performing quarters in quite some time despite the challenging market environment," said Farmer Brothers President and
FORT WORTH, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) announced today it will publish its fiscal second quarter 2025 financial results for the period ended Dec. 31, 2024 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Feb. 6. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Feb. 6 to provide a review of the quarter and business update. The live audio webcast along with the press release will be available on the Investor Relations section of the company's web
FORT WORTH, Texas, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM), a leading roaster, wholesaler and distributor of coffee, tea and allied products, announced today it has appointed Brian Miller as vice president of sales. Mr. Miller has more than 25 years of experience leading teams in the consumer product industry. Tom Bauer, who has previously served as vice president and chief commercial officer, will now serve as vice president and chief field operations officer where he will lead the company's DSD, logistics, planning and procurement operations. "Brian is a proven leader with a long history of creating high-performing sales teams, particularly within the coffee and
Innovative greenhouse grower expands executive team to meet demand for its sustainable, flavorful, premium fruit and vegetables Nature Fresh Farms®, one of North America's leading growers of sustainable greenhouse produce, announced today Patrick Criteser is joining its executive team as Chief Executive Officer (CEO) to lead its rapid expansion. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121271755/en/Patrick Criteser, Peter Quiring and John Ketler. (Photo: Business Wire) Over the last 25 years, Nature Fresh Farms has grown from a single, 18-acre greenhouse into an international produce leader known for sustainability, i
First quarter fiscal 2025 net sales of $85.1 million, up 4% on a year-over-year basisFirst quarter fiscal 2025 gross margin increase of 630 basis points year-over-year to 43.9%Reported net loss of $5 million and improved adjusted EBITDA1 of $1.4 million FORT WORTH, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) today reported its first quarter fiscal 2025 financial results for the period ended Sept. 30, 2024. The company filed its Form 10-Q, which can be found on the Investor Relations section of the company's website. "We are encouraged by the improvements we saw during the first quarter, particularly in terms of gross margins and adjusted EBITDA on a year-o
FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) announced today it will publish its fiscal first quarter 2025 financial results for the period ended Sept. 30, 2024 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Nov. 7. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Nov. 7 to provide a review of the quarter and business update. The live audio webcast along with the press release will be available on the Investor Relations section of the company's websi
Fiscal year 2024 gross margin increase of 560 basis points year-over-year to 39.3%Reported full year net loss of $3.9 million, increased full year adjusted EBITDA1 to $558,000Fiscal 2024 net sales of $341.1 million FORT WORTH, Texas, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) today reported its fourth quarter and full year fiscal 2024 financial results for the period ended June 30, 2024. The company filed its Form 10-K, which can be found on the Investor Relations section of the company's website. "This past year was a transformative one for Farmer Brothers," said President and Chief Executive Officer John Moore. "The decision to sell our direct ship busine
FORT WORTH, Texas, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) announced today it will publish its fiscal fourth quarter and full year 2024 financial results for the period ended June 30, 2024 with the filing of its 10-K and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Sept. 12. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Sept. 12 to provide a review of the quarter and full fiscal year, and a business update. Callers who pre-register will be emailed dial-in details and a unique PIN to gain im
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ROTH Capital upgraded Farmer Brothers Co. from Neutral to Buy and set a new price target of $14.00 from $7.00 previously
B. Riley FBR upgraded Farmer Bros from Neutral to Buy and set a new price target of $12.50
Roth Capital reiterated coverage of Farmer Bros with a rating of Neutral and set a new price target of $7.00 from $6.00 previously
Roth Capital reiterated coverage of Farmer Bros with a rating of Neutral and set a new price target of $7.00 from $6.00 previously
HOBOKEN, N.J., Dec. 19, 2023 /PRNewswire/ -- The Hain Celestial Group, Inc. (NASDAQ:HAIN) ("Hain Celestial", or the "Company"), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, announced today that it has named Amber Jefferson as its new Chief People Officer. In this role, Jefferson will oversee the company's global human resources function and provide leadership for the culture and talent strategy to enable the Hain Reimagined transformation rolled out earlier this year. Jefferson, who will join the compa
NORTHLAKE, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Farmer Brothers Company (NASDAQ:FARM), a leading roaster, wholesaler, equipment servicer and distributor of coffee, tea and other allied products, announced today it has commenced a transition of the chief executive officer role. Under the transition plan, the board of directors and Chief Executive Officer Deverl Maserang have mutually agreed his employment with Farmer Brothers will conclude on Sept. 30 and he will complete his current term as a member of the board, unless his permanent successor is identified prior to the end of his term. Farmer Brothers' current Head of Coffee John Moore will assume the role of interim CEO starting
NORTHLAKE, Texas, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ:FARM) ("the Company"), a national coffee roaster, wholesaler, and distributor of coffee, tea, and culinary products, today announced the appointment of Waheed Zaman to the Company's Board of Directors, effective September 1, 2021. Mr. Zaman, who will serve on the Board's Audit Committee, brings more than 35 years of Global Consumer experience. He has extensive experience working with multiple Boards of Directors and has led transformational enterprise-wide change across Corporate Strategy, IT, Supply Chain, and Consumer and Retail Analytics. Currently, Mr. Zaman serves as the Chief Executive Officer of W&A Consu