Second quarter fiscal 2025 net sales of $90 millionSecond quarter fiscal 2025 gross margin increase of 270 basis points year-over-year to 43.1%Reported second quarter net income of $210,000 and improved adjusted EBITDA1 of $5.9 million FORT WORTH, Texas, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) today reported its second quarter fiscal 2025 financial results for the period ended Dec. 31, 2024. The company filed its Form 10-Q, which can be found on the Investor Relations section of th ...

FORT WORTH, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) announced today it will publish its fiscal second quarter 2025 financial results for the period ended Dec. 31, 2024 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Feb. 6. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Feb ...

Executive Appointment - Brian Miller appointed as Vice President of Sales, bringing over 25 years of experience in the consumer product industry [1] - Tom Bauer transitions to Vice President and Chief Field Operations Officer, overseeing DSD, logistics, planning, and procurement operations [1] Leadership Background - Brian Miller has a proven track record in developing growth-oriented go-to-market strategies and driving operational efficiency in sales organizations [2] - Previously served as Vice President at Custom Ink and Chief Commercial Officer at Primo Water, with experience at Mars Drinks North America [2] - Holds a bachelor's degree in marketing from Oswego State University [2] Company Strategy - Farmer Brothers aims to drive top-line growth and enhance customer base for sustainable long-term profitability [2] - The company is focused on building on the positive momentum created over the last several quarters [4] Company Overview - Farmer Brothers, founded in 1912, is a national coffee roaster, wholesaler, and distributor of coffee, tea, and culinary products [5] - Product lines include organic, Direct Trade, and sustainably produced coffee, as well as tea, cappuccino mixes, spices, and baking/biscuit mixes [5] Market Reach - The company serves a wide range of customers, from small independent restaurants to large institutional buyers, including hotels, casinos, healthcare facilities, and grocery chains [6] - Primary brands include Farmer Brothers, Boyd's, Cain's, China Mist, and West Coast Coffee [6]

Farmer Bros. Co. (NASDAQ:FARM) Q1 2025 Results Conference Call November 7, 2024 5:00 PM ET Company Participants John Moore - President and CEO Vance Fisher - CFO Conference Call Participants Gerry Sweeney - ROTH Capital Eric Des Lauriers - Craig-Hallum Capital Group Operator Good afternoon, and welcome to the Farmer Brothers Fiscal First Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded. Earlier today, the company filed its Form 10-Q and issued its fir ...

Farmer Brothers (FARM) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.35%. A quarter ago, it was expected that this coffee and tea company would post a loss of $0.22 per share when it actually produced a loss of $0.22, delivering no surprise.Over the last four quarters, the company has su ...

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Exhibit 99.1 Farmer Brothers Coffee reports first quarter fiscal 2025 financial results First quarter fiscal 2025 net sales of $85.1 million, up 4% on a year-over year basis First quarter fiscal 2025 gross margin increase of 630 basis points year-over-year to 43.9% 1 Reported net loss of $5 million and improved adjusted EBITDA of $1.4 million Fort Worth, Texas, Nov. 7, 2024 – Farmer Bros. Co. (NASDAQ: FARM) today reported its first quarter fiscal 2025 financial results for the period ended Sept. 30, 2024. T ...

Farmer Bros. Co. (NASDAQ:FARM) Q4 2024 Earnings Conference Call September 12, 2024 5:00 PM ET Company Participants John Moore - President and CEO Vance Fisher - CFO Conference Call Participants Gerard Sweeney - ROTH Capital Eric Des Lauriers - Craig-Hallum Capital Group Operator Good afternoon, and welcome to the Farmer Brothers Fiscal Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. As a reminder, this call is being recorded. Earlier toda ...

Operations and Facilities - The company sold its Northlake, Texas production facility in fiscal 2023 and now utilizes the Portland, Oregon facility and third-party co-manufacturers for its Direct-Store-Delivery operations[10]. - The company operates a nationwide DSD network with 243 delivery routes and 104 branch warehouses as of June 30, 2024[26]. Workforce and Employment - The company employed approximately 1,003 employees as of June 30, 2024, with 206 employees subject to collective bargaining agreements expiring on or before September 30, 2027[17]. - The company has implemented a proactive approach to workplace safety, including regular safety training and fleet safety reviews[19]. Sustainability and Corporate Responsibility - The company continues to enhance its premium and specialty coffee and tea programs, focusing on sustainable product solutions and strategic partnerships[11]. - The Project D.I.R.E.C.T. program focuses on direct long-term partnerships with coffee growing communities, emphasizing sustainability and transparent pricing[14]. - The company is committed to working with suppliers who share its sustainability goals, requiring adherence to its Supplier Standards of Engagement[14]. - The company emphasizes charitable involvement as part of its corporate responsibility, supporting organizations like Feeding America and local food banks[15]. Financial Performance and Market Insights - The coffee "C" market near month price as of June 30, 2024, was $2.29 per pound, compared to $1.65 per pound on June 30, 2023, reflecting a significant increase[20]. - Fiscal 2024 coffee "C" market prices traded in a range of $1.44 to $2.54 per pound, averaging 13% above the historical average for the past five years[20]. - The company completed the sale of certain assets related to its direct ship and private label business for a purchase price of $100 million in cash on June 30, 2023[25]. - As of June 30, 2024, the company had outstanding borrowings of $23.3 million with a weighted average interest rate of 7.05%[120]. - A hypothetical 10% increase in coffee commodity prices could decrease net income by $11, while a 10% decrease could increase net income by $11[121]. - The company serves a diverse customer base, with the top five customers accounting for approximately 3% of net sales from continuing operations in fiscal 2024[27]. Supply Chain and Pricing Strategy - The company is implementing IT applications to enhance supply chain optimization and flexibility, including an AI-backed pricing model for optimal pricing changes[11]. - The company maintains a large green coffee inventory and enters into forward commodity purchase agreements to mitigate price volatility[121]. - The company is exposed to commodity price risk due to fluctuations in green coffee prices, which cannot always be passed on to customers in a timely manner[121]. Product Offerings - The company has a robust line of products, including organic and Fair Trade Certified coffee, frozen liquid coffee, and culinary products[8].

Exhibit 99.1 Farmer Brothers reports fourth quarter and full year fiscal 2024 financial results Fiscal year 2024 gross margin increase of 560 basis points year-over-year to 39.3% Reported full year net loss of $3.9 million, increased full year adjusted EBITDA to $558,000 1 Fiscal 2024 net sales of $341.1 million Fort Worth, Texas, Sept. 12, 2024 – Farmer Bros. Co. (NASDAQ: FARM) today reported its fourth quarter and full year fiscal 2024 financial results for the period ended June 30, 2024. The company file ...