In the Q2, Farmer Brothers Co's corporate clients experienced a reduction by -6.71 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 0.53 %. During the corresponding time, Farmer Brothers Co saw a revenue deteriorated by -1.75 % year on year, sequentially revenue grew by 8.39 %. While revenue at the Farmer Brothers Co's corporate clients recorded rose by 4.2 % year on year, sequentially revenue grew by 1.49 %.
Customers of Farmer Brothers Co saw their costs of revenue decrease by -6.71 % in Q2 compare to a year ago, sequentially costs of revenue grew by 0.53 %, for the same period Farmer Brothers Co revnue deteriorated by -1.75 % year on year, sequentially revenue grew by 8.39 %.
Farmer Brothers Co's Comment on Sales, Marketing and Customers
The company serves a diverse customer base, including small independent restaurants, foodservice operators, large institutional buyers such as restaurant, department, and convenience store chains, hotels, casinos, healthcare facilities, gourmet coffee houses, grocery chains with private brand and consumer-branded coffee and tea products, and foodservice distributors. Its products are primarily sold through the foodservice channel. Market segments include organic, Direct Trade, Project D.I.R.E.C.T.®, Fair Trade Certified™, and other sustainably produced coffee and tea products, as well as culinary products and beverage equipment services. The company’s brands include Farmer Brothers®, Sum>One, Metropolitan™, China Mist®, Boyds®, and Cain's™. It also provides value-added services such as market insight, beverage planning, and equipment placement and service.
Farmer Brothers Co’s Comment on Sales, Marketing and Customers
The company serves a diverse customer base, including small independent restaurants, foodservice operators, large institutional buyers such as restaurant, department, and convenience store chains, hotels, casinos, healthcare facilities, gourmet coffee houses, grocery chains with private brand and consumer-branded coffee and tea products, and foodservice distributors. Its products are primarily sold through the foodservice channel. Market segments include organic, Direct Trade, Project D.I.R.E.C.T.®, Fair Trade Certified™, and other sustainably produced coffee and tea products, as well as culinary products and beverage equipment services. The company’s brands include Farmer Brothers®, Sum>One, Metropolitan™, China Mist®, Boyds®, and Cain's™. It also provides value-added services such as market insight, beverage planning, and equipment placement and service.
Sources:
Farmer Brothers Co’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Farmer Brothers Co’s corporate clients.
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