Farmer Bros. Co. (NASDAQ:FARM) Q3 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants John Moore - President and CEO Brad Bollner - Interim CFO Conference Call Participants Gerry Sweeny - ROTH Capital Eric Des Lauriers - Craig-Hallum Capital Group Operator Good afternoon and welcome to the Farmer Brothers Fiscal Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. As a reminder, this call is being recorded. Earlier today, the company issu ...

Farmer Brothers (FARM) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.25%. A quarter ago, it was expected that this coffee and tea company would post a loss of $0.21 per share when it actually produced a loss of $0.10, delivering a surprise of 52.38%.Over the last four quarters, the compa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-34249 FARMER BROS. CO. (Exact Name of Registrant as Specified in Its Charter) Delaware 95-0725980 (State or Other Jurisdiction ...

Exhibit 99.2 Third quarter fiscal 2024 letter to shareholders Exhibit 99.2 Dear shareholders, In our fiscal third quarter, we were pleased to maintain the positive year-over-year gains we have made in several of our key metrics, including gross margins and adjusted EBITDA . 1 Our results reflect continued progress related to the transformation of our direct store delivery (DSD) business. During the third quarter, we continued consolidation of our roasting and production operations to our Portland, Oregon fa ...

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 Th ...

The growing health consciousness among consumers and their inclination toward nutritious and wholesome products have been advantageous for firms operating in the Zacks Natural Foods Products industry. Companies are bolstering their product portfolios through creative offerings and strategic acquisitions. Furthermore, certain players are channeling increased investments into augmenting their digital capabilities.However, industry players have been struggling with the challenges associated with escalating ope ...

NORTHLAKE, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ:FARM), a leading roaster, wholesaler, and distributor of coffee, tea and allied products, announced today it has appointed Terry O'Brien to its board of directors. Mr. O'Brien brings to the Farmer Brothers board more than three decades of experience in executive leadership in the food manufacturing industry, including overseeing successful financial turnarounds. He currently serves as the Chief Executive Officer of Chef Holdings, t ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

NORTHLAKE, Texas, March 01, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ:FARM) a leading roaster, wholesaler, and distributor of coffee, tea and allied products, announced today it has appointed Matthew Swenson as vice president of coffee operations. In his new role, Mr. Swenson will take on the management of some areas previously led by President and Chief Executive Officer John Moore, including the company's green coffee procurement, research and development, coffee excellence, roasting and manufactur ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...