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Farmer Bros Co - FARM STOCK NEWS

Welcome to our dedicated news page for Farmer Bros Co (Ticker: FARM), a resource for investors and traders seeking the latest updates and insights on Farmer Bros Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Farmer Bros Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Farmer Bros Co's position in the market.

Rhea-AI Summary
Farmer Brothers (NASDAQ: FARM) will release its fiscal first quarter 2024 financial results on Nov. 9, 2023. The results will be published with the filing of its 10-Q and quarterly shareholder letter, both available on the company's website. An investor conference call and webcast will also be held at 5 p.m. Eastern on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
Tags
conferences earnings
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Rhea-AI Summary
Farmer Brothers reported net sales of $340 million for fiscal year 2023 and used $100 million to pay down debt. CEO optimistic about improved pricing and margins. Company focuses on revitalizing DSD business and expects positive free cash flow in coming quarters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.68%
Tags
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Rhea-AI Summary
Deverl Maserang to depart upon appointment of successor. Farmer Brothers Company announces transition of CEO role. John Moore to serve as interim CEO starting Oct. 1. Transition unrelated to operational concerns. Company focused on right sizing operating costs. New leadership sought for profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
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none
Rhea-AI Summary
Farmer Brothers to publish Q4 and full year 2023 financial results on Sept. 12, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
conferences earnings
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Rhea-AI Summary
Farmer Brothers to publish Q4 and full year 2023 financial results on Sept. 5, 2023. Investor conference call on Aug. 23, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
conferences earnings
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.11%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
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none
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Rhea-AI Summary
TreeHouse Foods completes acquisition of coffee facility and business from Farmer Brothers
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End-of-Day
-- %
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Rhea-AI Summary
Farmer Brothers Company has completed the sale of its direct ship business to TreeHouse Foods for approximately $100 million. The proceeds were used to pay off a $47 million term loan and a portion of outstanding debt. The amended ABL agreement provides more flexibility with financial covenants. Farmer Brothers will focus on improving margins through its direct store delivery and key account sales channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
70.47%
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none
Farmer Bros Co

Nasdaq:FARM

FARM Rankings

FARM Stock Data

67.44M
15.56M
20.75%
44.18%
0.51%
Coffee and Tea Manufacturing
Manufacturing
Link
United States of America
NORTHLAKE

About FARM

farmer brothers is a leading national coffee roaster, wholesaler and distributor of coffee, tea and culinary products. our product lines incorporate organic, fair trade and sustainably produced coffee beans. the company’s portfolio features a wide range of coffees including artisan collection™, metropolitan™, superior®, cain’s™ and mcgarvey®. with a full line of hot and iced teas, spices, mixes and coffee/tea brewing equipment, farmer brothers delivers comprehensive beverage planning services to its 65,000+ customers across the us. our company is a direct distributor to restaurants, hotels, casinos, offices, quick service restaurants (“qsr's”), convenience stores, healthcare facilities and other foodservice providers, as well as private brand retailers. to meet our customers'​ needs we carry hundreds of items including roasted coffee, liquid coffee, coffee related products such as coffee filters, sugar and creamers, assorted teas, cappuccino, cocoa, spices, gelatins and puddings, soup,