FARM - Farmer Bros. Co.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
7.05
-0.42 (-5.62%)
At close: 4:00PM EDT
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Previous close7.47
Open7.57
Bid7.05 x 900
Ask21.67 x 1000
Day's range7.01 - 7.57
52-week range5.94 - 19.93
Volume46,932
Avg. volume85,360
Market cap122.217M
Beta (5Y monthly)1.19
PE ratio (TTM)N/A
EPS (TTM)-2.14
Earnings date07 May 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend date26 Jan 2011
1y target est10.50
  • Farmer Brothers (FARM) Q3 2020 Earnings Call Transcript
    Motley Fool

    Farmer Brothers (FARM) Q3 2020 Earnings Call Transcript

    Good afternoon everyone, thank you for joining Farmer Brothers third-quarter fiscal 2020 earnings conference call. Participating on today's call are Deverl Maserang, president and chief executive officer; and Scott Drake, chief financial officer. Earlier today, the company issued its earnings press release which is available on the Investor Relations section of Farmer Brothers website at www.farmerbrothers.com.

  • GlobeNewswire

    Farmer Bros. Co. Reports Third Quarter Fiscal 2020 Financial Results and Provides COVID-19 Update

    NORTHLAKE, Texas, May 07, 2020 -- Farmer Bros. Co. (NASDAQ: FARM) (the "Company") today reported financial results for its third fiscal quarter ended March 31, 2020. The.

  • GlobeNewswire

    Farmer Brothers Draws Down on Revolving Credit Facility to Enhance Financial Flexibility

    This is a proactive measure to increase the Company’s cash position and preserve financial flexibility. In addition to the steps we have already taken to eliminate discretionary expenses and reduce capital expenditures, we are accessing additional funds through our credit facility as a precautionary measure to maintain our financial flexibility. Subsequent to the borrowing, the Company had over $65.0 million of cash and cash equivalents.

  • GlobeNewswire

    Farmer Bros. Co. to Report Third Quarter Fiscal 2020 Financial Results

    NORTHLAKE, Texas, April 24, 2020 -- Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today announced that the Company will release financial results for its third quarter ended.

  • GlobeNewswire

    Farmer Brothers Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

    NORTHLAKE, Texas, April 02, 2020 -- Farmer Bros. Co. (NASDAQ:FARM) ( “Farmer Brothers” or the “Company”) today announced that on April 1, 2020, the Company issued a.

  • GlobeNewswire

    Farmer Brothers Provides Business Update

    Farmer Bros. Co. (FARM) (the “Company”) today provided an update on its business and the actions the Company is taking in response to the COVID-19 pandemic. As we navigate this unprecedented and rapidly evolving environment, we are making decisions that prioritize the health and safety of our team members and customers while taking actions to support the long-term sustainability of our business. It is always extremely difficult when we must take steps that impact our team, and we are incredibly appreciative and proud of how we have come together to support one another as we continue to focus on serving our customers.

  • GlobeNewswire

    Farmer Brothers Appoints Scott Drake as Chief Financial Officer

    Farmer Bros. Co. (FARM) (the “Company”) today announced the appointment of Scott Drake as Chief Financial Officer and Treasurer, effective March 23, 2020. Scott Lyon will continue to serve in his role as Farmer Brothers’ Vice President, Controller. Mr. Drake brings two decades of financial executive experience, including deep knowledge of the food & beverage and retail industries.

  • GlobeNewswire

    Farmer Brothers Amends Credit Agreement to Support Strategic Initiatives

    Farmer Bros. Co. (FARM) (the "Company") today announced it has amended its credit facility with JPMorgan Chase Bank, N.A to increase the Company’s flexibility in funding future capital improvements and execute on the strategic projects underpinning the Company’s five key initiatives. The $125 million credit facility has a maturity date in November 2023 and is subject to affirmative and negative covenants customary in a senior secured lending facility, including financial covenants relating to leverage and interest expense coverage. “We are pleased to unlock additional flexibility to fund our strategic initiatives through this amendment,” said Deverl Maserang, Farmer Brothers’ President and CEO.

  • Farmer Brothers (FARM) Reports Q2 Loss, Tops Revenue Estimates
    Zacks

    Farmer Brothers (FARM) Reports Q2 Loss, Tops Revenue Estimates

    Farmer Brothers (FARM) delivered earnings and revenue surprises of -11.11% and 2.25%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Farmer Bros. Co. Reports Second Quarter Fiscal 2020 Financial Results

    NORTHLAKE, Texas, Feb. 06, 2020 -- Farmer Bros. Co. (NASDAQ: FARM) (the "Company") today reported financial results for its second fiscal quarter ended December 31, 2019..

  • Analysts Estimate Farmer Brothers (FARM) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Farmer Brothers (FARM) to Report a Decline in Earnings: What to Look Out for

    Farmer Brothers (FARM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    Farmer Bros. Co. to Report Second Quarter Fiscal 2020 Financial Results

    NORTHLAKE, Texas, Jan. 31, 2020 -- Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today announced that the Company will release financial results for its second quarter ended.

  • GlobeNewswire

    Farmer Brothers Board of Directors Appoints New Chairman

    Farmer Bros. Co. (FARM) (the “Company” or “Farmer Brothers”) today announced that its Board of Directors has named Christopher Mottern as Board Chairman, effective January 22, 2020. Mr. Mottern, who has served as a director on the Farmer Brothers Board since 2013, succeeds Randy Clark, who will continue to serve as a director of the Company. Mr. Mottern was appointed to Farmer Brothers’ Board in 2013 and recently served as Interim Chief Executive Officer of Farmer Brothers from May 7, 2019 until October 31, 2019.

  • MRWSY vs. FARM: Which Stock Is the Better Value Option?
    Zacks

    MRWSY vs. FARM: Which Stock Is the Better Value Option?

    MRWSY vs. FARM: Which Stock Is the Better Value Option?

  • GlobeNewswire

    Farmer Bros. Announces Preliminary Results of Annual Meeting of Stockholders

    Farmer Bros. Co. (FARM) (the “Company” or “Farmer Brothers”) today announced that, based on a preliminary vote count provided by its proxy solicitor following the Company’s 2019 Annual Meeting of Stockholders held today, stockholders have overwhelmingly voted to elect all three of Farmer Brothers’ highly-qualified director nominees – Charles Marcy, Deverl Maserang and Christopher Mottern – to the Company’s Board of Directors.

  • GlobeNewswire

    Concerned Stockholders Issue Open Letter to Farmer Bros. Employees and Stockholders Regarding Company’s Latest Efforts to Protect Current Entrenched Board

    Jeanne Farmer Grossman (individually and as the sole trustee of certain trusts), Thomas William Mortensen, and Jonathan Michael Waite (collectively, the “Concerned Stockholders”), who together beneficially own approximately 4.9% of the outstanding common stock of Farmer Bros. Co. (“Farmer Bros.” or the “Company”), today issued an open letter to employees and stockholders of Farmer Bros. Co.  In it, Ms. Grossman responds to the Company’s efforts to exploit estranged members of the Company’s founding family in a desperate campaign to protect the current entrenched Board of Directors at the upcoming Annual Meeting. Ms. Grossman continues to urge stockholders to vote the GOLD proxy card to elect Mr. Mortensen and Mr. Waite and bring needed change and experience to the Farmer Bros. Board.

  • GlobeNewswire

    Leading Independent Proxy Advisor Firm Egan-Jones Recommends Farmer Bros. Stockholders Vote “for” Both of Concerned Stockholders’ Director Nominees on the Gold Proxy to Bring Much Needed Change to Company

    Jeanne Farmer Grossman (individually and as the sole trustee of certain trusts), Thomas William Mortensen, and Jonathan Michael Waite (collectively, the “Concerned Stockholders”), who together beneficially own approximately 4.9% of the outstanding common stock of Farmer Bros. Co. (“Farmer Bros.” or the “Company”), today announced that Egan-Jones Proxy Services, a leading independent proxy advisory service, recommends that stockholders vote for both of Concerned Stockholders’ nominees – Thomas Mortensen and Jonathan Michael Waite – on the GOLD proxy card in connection with the Company’s 2019 Annual Meeting of Stockholders to be held on December 10, 2019.

  • GlobeNewswire

    Richard Farmer Announces Support for Farmer Brothers’ Director Nominees

    NORTHLAKE, Texas, Dec. 03, 2019 -- Farmer Bros. Co. (NASDAQ:FARM) (the “Company” or “Farmer Brothers”) today announced that Richard Farmer, a member of the founding Farmer.

  • GlobeNewswire

    Second Leading Independent Proxy Advisory Firm Glass Lewis Recommends Stockholders Vote “FOR” All Three of Farmer Brothers’ Director Nominees on WHITE Proxy Card

    Farmer Bros. Co. (FARM) (the “Company” or “Farmer Brothers”) today announced that Glass Lewis & Co. (“Glass Lewis”) recommends that stockholders vote “FOR” all three of the Company’s highly-qualified and experienced director nominees – Charles Marcy, Deverl Maserang and Christopher Mottern – on the WHITE proxy card in connection with the Company’s 2019 Annual Meeting of Stockholders to be held on December 10, 2019.

  • GlobeNewswire

    Concerned Stockholders Mail Letter to Farmer Bros. Stockholders, Setting the Record Straight and Highlighting Need for New Directors That Can Support a True Turnaround of the Company

    Jeanne Farmer Grossman (individually and as the sole trustee of certain trusts), Thomas William Mortensen, and Jonathan Michael Waite (collectively, the “Concerned Stockholders”), who together beneficially own approximately 4.9% of the outstanding common stock of Farmer Bros. Co. (“Farmer Bros.” or the “Company”), today issued an open letter to stockholders of Farmer Bros. Co. urging them to vote the GOLD proxy card to elect Mr. Mortensen and Mr. Waite and bring needed change and experience to the Farmer Bros. Board. The full text follows.

  • GlobeNewswire

    Leading Independent Proxy Advisory Firm ISS Recommends that Farmer Brothers Stockholders Vote “FOR” All Three of Farmer Brothers’ Director Nominees

    Farmer Bros. Co. (FARM) (the “Company” or “Farmer Brothers”) today announced that a leading independent proxy advisory firm, Institutional Shareholder Services (“ISS”) has recommended that Farmer Brothers stockholders vote “FOR” all three of the Company’s highly qualified and experienced director nominees – Charles Marcy, Deverl Maserang and Christopher Mottern – on the WHITE proxy card in connection with the Company’s 2019 Annual Meeting of Stockholders to be held on December 10, 2019.