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FARM News Highlights
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Latest FARM News From Around the Web
Below are the latest news stories about Farmer Brothers Co that investors may wish to consider to help them evaluate FARM as an investment opportunity.
NORTHLAKE, Texas, June 14, 2021 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) released its 2020 Sustainability Report and 2020 Direct Trade Impact Report today. The report articulates the Company’s 2020 achievements and offers data supporting its continued commitment to leading the coffee industry in sustainable sourcing, production and trading. Since Farmer Brothers formally began its sustainability journey several years ago, the company has made great strides in its key i
Choice Equities Capital Management, an investment management firm, published its first-quarter 2021 investor letter – a copy of which can be downloaded here. A net return of +29.2% was recorded by the fund for the Q1 of 2021, outperforming its Russell 2000 benchmark that delivered a +12.7% return, and the S&P 500 Index that had […]
PLANO, Texas and NORTHLAKE, Texas, May 11, 2021 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE) ("NuZee"), a leading U.S. producer and co-packer of specialty single serve pour-over coffee pouches and pour over drip cups, and Farmer Bros. Co. ("Farmer Brothers"), a national coffee roaster,
Farmer Brothers (FARM) delivered earnings and revenue surprises of -95.00% and -13.24%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
NORTHLAKE, Texas, May 06, 2021 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the "Company") today reported financial results for its third fiscal quarter ended March 31, 2021. Third Quarter Fiscal 2021 Highlights: Business Update Successfully completed key initiatives within its supply chain optimization strategy, including: Doubled capacity at the Northlake, Texas facility;Ended production at the aged Houston, Texas facility; andOpened a new West Coast distribution facility in Rialto, California; Negotiated new credit facilities, effectively increasing borrowing capacity and flexibility while lowering overall borrowing cost;Achieved notable improvement in March 2021 DSD sales compared to January and February 2021 months; andSeeing strongest DSD sales levels since the start of th...
NEW YORK, NY / ACCESSWIRE / May 6, 2021 / Farmer Brothers Co. (NASDAQ:FARM) will be discussing their earnings results in their 2021 Third Quarter Earnings call to be held on May 6, 2021 at 5:00 PM Eastern Time.
Every investor in Farmer Bros. Co. ( NASDAQ:FARM ) should be aware of the most powerful shareholder groups. Large...
NORTHLAKE, Texas, April 27, 2021 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) announced today the finalization of a new $ 127.5 million, four-year financing arrangement, which includes an $80.0 million asset-backed revolving credit facility and $47.5 million term loan due April 2025. This arrangement replaces its existing revolving credit facility that was scheduled to mature November 2023, and provides significantly more borrowing capacity over the term of the arrangement at a lower overall cost of borrowing. Additionally, the new arrangement reduces or eliminates several negative covenants in its existing credit facility. Scott Drake, Chief Financial Officer, commented, “We’re pleased to enter into this new financing arrangement, which provides greater flexibili...
Farmer Brothers Announces Participation at Roth’s 33rd Annual Investor Conference & Release Date for Investor Presentation
NORTHLAKE, Texas, March 09, 2021 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”), a leading national coffee roaster, wholesaler, equipment servicer, and distributor of coffee, tea, and culinary products, today announced its attendance at Roth’s 33rd Annual Investor Conference on March 15th, 16th, and 17th. The Company will be hosting virtual one-on-one meetings over the three days. In conjunction with the event, the Company will post an updated Investor Presentation on the Company’s website at www.farmerbros.com under “Investor Relations” on the morning of the 15th. If you are attending the conference and would like to request a one-on-one meeting with management, please do so through the conference portal. About Farmer Brothers Founded in 1912, Farmer Bros. Co. is a...
Farmer Bros (FARM) has moved higher as of late, but there could definitely be trouble on the horizon for this company.