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.
MRWSY vs. FARM: Which Stock Is the Better Value Option?
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.
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.
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.
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.
Anyone researching Farmer Bros. Co. (NASDAQ:FARM) might want to consider the historical volatility of the share price...
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.
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.
The truth is that if you invest for long enough, you're going to end up with some losing stocks. But the long term...
Q3 2020 Farmer Bros Co Earnings Call
The analysts covering Farmer Bros. Co. (NASDAQ:FARM) delivered a dose of negativity to shareholders today, by making a...
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..
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?
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.
Q2 2020 Farmer Bros Co Earnings Call
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.
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.
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.
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.