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Farmer Brothers Co  (FARM)
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Price: $3.2600 $-0.15 -4.399%
Day's High: $3.52 Week Perf: -13.53 %
Day's Low: $ 3.22 30 Day Perf: -9.19 %
Volume (M): 84 52 Wk High: $ 4.05
Volume (M$): $ 274 52 Wk Avg: $2.90
Open: $3.44 52 Wk Low: $1.75



 Market Capitalization (Millions $) 68
 Shares Outstanding (Millions) 21
 Employees 1,634
 Revenues (TTM) (Millions $) 391
 Net Income (TTM) (Millions $) -89
 Cash Flow (TTM) (Millions $) -13
 Capital Exp. (TTM) (Millions $) 14

Farmer Brothers Co

Farmer Bros. Co., a Delaware corporation, is a national coffee roaster, wholesaler and distributor of coffee, tea and culinary products. We serve a wide variety of customers, from small independent restaurants and foodservice operators to large institutional buyers like restaurant and convenience store chains, hotels, casinos, hospitals, and gourmet coffee houses, as well as grocery chains with private brand and consumer-branded coffee products. With a robust product line, including organic, Direct Trade, Direct Trade Verified Sustainable coffees or DTVS and other sustainably-produced coffees, iced and hot teas, cappuccino, spices, and baking/biscuit mixes, among others, we offer a comprehensive approach to our customers by providing not only a breadth of high-quality products, but also value-added services such as market insight, beverage planning, and equipment placement and service. We were founded in 1912, incorporated in California in 1923, and reincorporated in Delaware in 2004. We operate in one business segment.

We develop great tasting products delivered with concierge service with the goal of a positive impact on our customers and the planet. Through our sustainability, stewardship, environmental efforts, and leadership we are not only committed to serving the finest products available, considering the cost needs of the customer, but also insist on their sustainable cultivation, manufacture and distribution whenever possible.
In order to achieve our mission, we have had to grow existing capabilities and develop new ones over the years. More recently, we have undertaken initiatives such as, but not limited to, the following:

develop new products in response to demographic and other trends to better compete in areas such as premium coffee and tea;

rethink aspects of our Company culture to improve productivity and employee engagement and to attract talent;

embrace sustainability across our operations, in the quality of our products, as well as, how we treat our coffee growers; and

ensure our systems and processes provide the highest quality products at a competitive cost, protection from cyber-risk, and a safe environment for our employees and partners.
We differentiate ourselves in the marketplace through our product offerings and through our customer service model, which includes:

a wide variety of coffee product offerings and packaging options across numerous brands and quality tiers;

beverage equipment placement and service;

hassle-free inventory and product procurement management;

DSD service;

merchandising support; and

product and menu insights.
Our services are conducted primarily in person through Route Sales Representatives, or RSRs, who develop personal relationships with chefs, restaurant owners and food buyers at their delivery locations. We also provide comprehensive coffee programs to our national account customers, including private brand development, green coffee procurement, hedging, category management, sustainable sourcing and supply chain management.
We distribute our owned brands primarily through our DSD network, while continuing to support and grow our private label and other national account business. Although currently a small portion of our distribution, we also distribute directly to consumers through our website and sell certain products such as Un Momento®, Collaborative Coffee™, Cains™ and McGarvey® at retail.

We have made the following investments in an effort to ensure we are well-positioned within the industry to take advantage of category trends, industry insights, and general coffee and tea knowledge to grow our business:

Coffee Industry Leadership. Through our dedication to the craft of sourcing, blending and roasting coffee, and our participation and/or leadership positions with the SCAA, National Coffee Association, Coalition for Coffee Communities, International Womens Coffee Alliance, International Foodservice Manufacturers Association, Pacific Coast Coffee Association, Roasters Guild and World Coffee Research, we work to help shape the future of the coffee industry. We believe that due to our commitment to the industry, large retail and foodservice operators are drawn to working with us. We were among the first coffee roasters in the nation to receive SCAA certification of a state-of-the-art coffee lab and operate Public Domain®, a specialty coffeehouse in Portland, Oregon. Upon completion, we plan to submit our product development lab at the New Facility for SCAA certification.

Market Insight and Consumer Research. We have developed a market insight capability internally that reinforces our business-to-business positioning as a thought leader in the coffee industry. We provide trend insights that help our customers create winning products and integrated marketing strategies for their own coffee brands.



   Company Address: 1912 Farmer Brothers Drive Northlake 76262 TX
   Company Phone Number: 549-6600   Stock Exchange / Ticker: NASDAQ FARM
   


Customers Net Income fell by FARM's Customers Net Profit Margin fell to

-45.88 %

3.34 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
SJM   -0.03%    
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Farmer Brothers Co

Farmer Brothers Co's Surprising Profitability Turnaround Masks Troubling Revenue Deterioration in Q4 2023

Farmer Brothers Co (FARM) has just reported a significant turnaround in profitability for the October to December 31, 2023 period, with earnings per share (EPS) coming in at $0.13 per share. This is a marked improvement from the $-0.73 per share reported in the same period a year prior, and also an increase from the $-0.06 per share from the previous reporting season. This positive EPS is a clear indication of the company's improved financial performance and strategic decision-making.
Despite a decrease in revenue of -32.845% to $89.11 million from $132.69 million in the same period last year, Farmer Brothers Co has managed to achieve profitability through various cost-cutting measures and operational efficiencies. The company's net profits of $2.704 million in the October to December 31, 2023 period represent a significant improvement compared to the net loss of $-13.608 million in the same period a year ago.

Farmer Brothers Co

Food Processing Company Faces Grim Financial Outlook as Revenue Plunges in First Quarter of 2024

As an analyst for the , I closely examined the first quarter financial results of Farmer Brothers Co, a leading company in the Food Processing industry. The company's performance in the first quarter of 2024 was disappointing, with a significant decline in revenue and a net loss per share.
In the first quarter of 2024, Farmer Brothers Co reported a revenue decrease of 32.618% to $81.79 million compared to the same period a year before. This decline in revenue is troubling for the company, especially considering the fact that the Food Processing industry as a whole experienced a revenue improvement during the same period. It is evident that Farmer Brothers Co is not capitalizing on the industry's growth.

Farmer Brothers Co

Profits Skyrocket, While Revenue Falters



In the fiscal span ending June 30, 2023, Farmer Brothers Co (FARM) experienced a significant turnaround in profits, reporting earnings per share of $1.55 compared to a loss of $0.21 per share the previous year. However, while profits improved, the company witnessed a decline in revenue. This article aims to analyze and interpret the financial results of Farmer Brothers Co in the context of the overall food processing sector. Additionally, the recent performance of the company's shares will be discussed.
1. Profit Improvement and Earnings per Share (EPS) Analysis:
During the fiscal period ending June 30, 2023, Farmer Brothers Co turned a profit, with earnings per share increasing to $1.55 from a loss of $0.21 per share reported a year earlier. The improvement in EPS was also evident when compared to the prior quarter, where EPS turned positive from a loss of $0.57 per share. This positive trend suggests that Farmer Brothers Co implemented successful measures to enhance profitability and operational efficiency.

Farmer Brothers Co

Farmer Brothers Co Defies Expectations with a 4.05% Revenue Surge in Q3 2023

Despite announcing a net loss per share for the fiscal time-frame ending March 31, 2023, Farmer Brothers Co still showed signs of growth and a promising future. In contrast to the previous year's numbers, the company was able to generate a revenue increase of 4.05% to $124.23 million. While this was lower than their revenue in the prior reporting period, it was a significant improvement from the bottom line of $-0.73 per share.
Analysts believe these positive numbers could be attributed to the company's impressive productivity. With revenue per employee growing over a trailing twelve months basis and reaching $306,789, the company demonstrates its efficiency in utilizing its human resources. Despite falling behind in terms of revenue per employee compared to 18 of its peers within the Consumer Non-Cyclical sector, Farmer Brothers Co remained above average with an employee productivity rate of 2.2866465522944E-10%.






 

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