Farmer Brothers News & Media

Farmer Brothers CEO to step down

September 8, 2023

Deverl Maserang will step down as CEO at Farmer Brothers Co. on Sept. 30 and will complete his current term as a member of the board unless his permanent…

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Farmer Bros lifts Q1 2023 sales, extends bottom line loss

November 4, 2022

Farmer Brothers Co. reported improved sales and a bigger earnings loss for Q1 2023, according to an earnings release. Highlights include:

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Farmer Brothers improves Q3 2022 sales, earnings

May 9, 2022

Farmer Brothers lifted its sales for Q3 2022 over the prior year period and reduced its loss, according to an earnings report. Highlights include:

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Farmer Brothers tapers Q2 2022 loss on double digit sales gain

February 4, 2022

Farmer Brothers improved its loss on a 13.3% sales increase for Q2 2022 over Q2 2021, according to an earnings release.

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Farmer Bothers improves Q1 2022 revenues, earnings

November 15, 2021

Farmer Brothers, a U.S.-based coffee foodservices company, reported improved sales and earnings for Q1 2022 driven by eased COVID restrictions, according to an…

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COVID continues to hammer Farmer Brothers sales, earnings in Q3 2021

May 7, 2021

Farmer Bros Co. net sales fell 27.9% from $129.14 million in Q3 2020 to $93.15 million for the quarter ending March 31, 2021, driven primarily by lower sales…

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COVID-19 hammers Farmer Brothers' Q2 2021 sales, earnings

February 5, 2021

Farmer Bros. Co.'s net sales in the second quarter of fiscal 2021 were $104.6 million, reflecting a decrease of $47.9 million, or 31.4%, from the $152.…

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Farmer Brothers opens California warehouse

February 3, 2021

Farmer Bros. Co., a national coffee roaster, wholesaler and distributor of coffee, tea and culinary products, has opened a 156,600-square-foot distribution…

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COVID hammers Farmer Brothers' Q1 2021 sales and earnings

November 9, 2020

Farmer Bros. net sales in the first quarter of fiscal 2021 ended Sept. 30, 2020 were $97.3 million, a decrease of $41.3 million, or 29.8%, from $138.6 million…

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Farmer Brothers amends bank credit to sustain COVID-19 impact

July 29, 2020

Farmer Bros. Co. has amended its credit facility with JPMorgan Chase Bank to increase the company's flexibility in supporting its current and future business…

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Farmer Brothers names Scott Drake as CFO

March 17, 2020

Scott Drake Farmer Brothers Company has named Scott Drake as chief financial officer and treasurer, effective March 23. Scott Lyon will continue to…

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