NORTHLAKE, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ:FARM), a leading roaster, wholesaler, and distributor of coffee, tea and allied products, announced today it has appointed Terry O'Brien to its board of directors. Mr. O'Brien brings to the Farmer Brothers board more than three decades of experience in executive leadership in the food manufacturing industry, including overseeing successful financial turnarounds. He currently serves as the Chief Executive Officer of Chef Holdings, t ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

NORTHLAKE, Texas, March 01, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ:FARM) a leading roaster, wholesaler, and distributor of coffee, tea and allied products, announced today it has appointed Matthew Swenson as vice president of coffee operations. In his new role, Mr. Swenson will take on the management of some areas previously led by President and Chief Executive Officer John Moore, including the company's green coffee procurement, research and development, coffee excellence, roasting and manufactur ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

When you peel back the curtain on the S&P 500’s recent record-setting gains, you’ll find they’ve primarily been fueled by just seven mega-cap technology stocks dubbed “The Magnificent Seven.” Exclude those stocks, and the broader market suddenly doesn’t look quite so magnificent anymore. This shows that not all stocks are created equal on Wall Street. The fast-growing tech leaders capture the headlines and steep valuations, overshadowing many undervalued stocks to buy.As investors, we tend to have short mem ...

NORTHLAKE, Texas, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ:FARM) announced today the company will participate in an upcoming investor conference along with several industry tradeshows through May 2024. ROTH 36th Capital Conference March 17 - 19 Farmer Brothers President and Chief Executive Officer John Moore and Interim Chief Financial Officer Brad Bollner will host one-on-one meetings with investors during the 36th annual ROTH Capital Conference at the Ritz Carlton in Laguna Niguel, Califo ...

Farmer Bros. Co. (NASDAQ:FARM) Q2 2024 Earnings Conference Call February 8, 2024 5:00 PM ET Company Participants John Moore - President, CEO & Director Brad Bollner - Interim Chief Financial Officer Conference Call Participants Gerry Sweeny - Roth Capital Partners Operator Good afternoon, and welcome to the Farmer Brothers Fiscal Second Quarter 2024 Earnings Conference Call. [Operator Instructions]. As a reminder, this call is being recorded. Earlier today, the company issued its quarterly shareholder lette ...

Farmer Brothers (FARM) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 52.38%. A quarter ago, it was expected that this coffee and tea company would post a loss of $0.29 per share when it actually produced a loss of $0.06, delivering a surprise of 79.31%.Over the last four quarters, the compa ...

Fiscal Q2 2024 net sales of $89.5 millionGross margin increase of 550 basis points year-over-year to 40.4% NORTHLAKE, Texas, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Farmer Brothers (NASDAQ:FARM) today reported its second quarter fiscal 2024 financial results for the period ended Dec. 31, 2023. The company filed its Form 10-Q and published its quarterly shareholder letter, which contains additional details regarding the results. Both of those documents can be found on the Investor Relations section of the company' ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-34249 FARMER BROS. CO. (Exact Name of Registrant as Specified in Its Charter) For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Incorporation of Organization) (I.R.S. Employe ...