Core Insights - Farmer Brothers Coffee Co. reported a challenging second quarter for fiscal 2026, with a focus on improving operational costs and maintaining a gross margin above 35% despite economic pressures [2][11]. Financial Performance - Net sales for the second quarter were $88.9 million, a decrease of $1 million or 1% compared to the same period last year [11]. - Gross profit was $32 million, representing a gross margin of 36.3%, down from $38.8 million or 43.1% in the prior year [11]. - Operating expenses totaled $36.4 million, accounting for 40.9% of net sales, a reduction from $37.8 million or 42% in the same quarter of the previous year [11]. - The company reported a net loss of $4.9 million, compared to a net income of $200,000 in the prior year [11]. - Adjusted EBITDA was $484,000, significantly lower than $5.9 million in the second quarter of fiscal 2025 [11]. Balance Sheet and Liquidity - As of December 31, 2025, the company had $4.2 million in unrestricted cash and cash equivalents, with an additional $24.6 million available under its revolving credit facility [4]. Company Overview - Farmer Brothers Coffee Co. is a national coffee roaster and distributor, offering a range of products including organic and sustainably produced coffee, tea, and culinary products [8][9]. - The company serves a diverse customer base, including independent restaurants, large institutional buyers, and grocery chains [9].

Core Viewpoint - Farmer Brothers Coffee Co. is set to release its second quarter 2026 financial results on February 13, 2026, after market close, which will include a 10-Q filing and earnings results release [1] Group 1: Financial Results Announcement - The financial results for the period ending December 31, 2025, will be published on the Investor Relations section of the company's website [1] - An audio-only investor conference call and webcast will be held on February 13, 2026, at 5 p.m. Eastern, where management will review the quarter and provide a business update [2] Group 2: Company Overview - Founded in 1912, Farmer Brothers Coffee Co. is a national coffee roaster, wholesaler, equipment servicer, and distributor of coffee, tea, and culinary products [3] - The company offers a variety of products including organic, Direct Trade, and sustainably produced coffee, as well as tea, cappuccino mixes, spices, and baking/biscuit mixes [3] Group 3: Customer Base and Brands - Farmer Brothers Coffee Co. serves a diverse range of U.S.-based customers, from small independent restaurants to large institutional buyers such as hotels, casinos, and grocery chains [4] - The company's primary brands include Farmer Brothers, Boyd's Coffee, SUM>ONE Coffee Roasters, West Coast Coffee, Cain's, and China Mist [4]

Core Insights - Farmer Brothers Coffee Co. reported a net loss of $4 million for the first quarter of fiscal 2026, an improvement from a net loss of $5 million in the same period last year [8][14] - Net sales decreased by 4.1% year-over-year to $81.6 million, down from $85.1 million [8][14] - The gross margin decreased by 400 basis points year-over-year to 39.7%, compared to 43.9% in the first quarter of fiscal 2025 [8][14] Financial Performance - Adjusted EBITDA remained flat at $1.4 million for the first quarter of fiscal 2026, consistent with the previous year [8][14] - Operating expenses were reduced to $35.6 million, or 43.6% of net sales, down from $40.1 million, or 47.2% of net sales, in the first quarter of fiscal 2025 [8][14] - The company achieved a gross profit of $32.4 million in the first quarter of fiscal 2026, compared to $37.3 million in the same quarter of fiscal 2025 [8][14] Operational Highlights - The company realized a nearly $4 million improvement in sales, general, and administrative (SG&A) expenses compared to the first quarter of fiscal 2025 [8] - Farmer Brothers announced a partnership with Eurest to open 50 Sum>One Coffee Roasters-branded cafes across the country [8] - The company emphasized its focus on driving top-line revenue and customer growth in fiscal 2026 [3][8] Balance Sheet and Liquidity - As of September 30, 2025, Farmer Brothers had $3.8 million in unrestricted cash and cash equivalents, with an additional $31.2 million available under its revolving credit facility [5][8] - Total current assets amounted to $87.3 million, while total liabilities were reported at $118.8 million [16][17] Market Position - Farmer Brothers Coffee Co. is a national coffee roaster and distributor, serving a diverse range of customers including independent restaurants, foodservice operators, and large institutional buyers [9] - The company's product lines include organic, Direct Trade, and sustainably produced coffee, as well as tea and culinary products [9]

Core Viewpoint - Farmer Brothers Coffee Co. will release its fiscal fourth quarter and full year 2025 financial results on September 11, 2025, after market close [1] Group 1: Financial Results Announcement - The company will file its 10-K and issue its earnings results release, both available on the Investor Relations section of its website [1] - An audio-only investor conference call and webcast will be held at 5 p.m. Eastern on September 11 to review the quarter and full fiscal year [2] - The live audio webcast and press release will also be accessible on the company's Investor Relations website [2] Group 2: Company Overview - Founded in 1912, Farmer Brothers Coffee Co. is a national coffee roaster, wholesaler, equipment servicer, and distributor of coffee, tea, and culinary products [3] - The company's product lines include organic, Direct Trade, and sustainably produced coffee, as well as tea, cappuccino mixes, spices, and baking/biscuit mixes [3] - Farmer Brothers serves a diverse range of U.S.-based customers, including independent restaurants, foodservice operators, and large institutional buyers [4] Group 3: Brand Portfolio - The company's primary brands include Farmer Brothers, Boyd's Coffee, SUM>ONE Coffee Roasters, West Coast Coffee, Cain's, and China Mist [4]