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Farmer Bros. Co. (FARM)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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4.6000-0.1200 (-2.54%)
As of 12:53PM EST. Market open.
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Chart Events
Neutralpattern detected
Previous Close4.7200
Open4.7500
Bid4.6000 x 900
Ask4.6300 x 1100
Day's Range4.5600 - 4.7500
52 Week Range3.4000 - 17.3800
Volume47,756
Avg. Volume119,526
Market Cap80.685M
Beta (5Y Monthly)1.38
PE Ratio (TTM)N/A
EPS (TTM)-2.8160
Earnings DateNov 05, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJan 26, 2011
1y Target Est5.00
  • Farmer Brothers Sets Timing for Wind Down of Manufacturing Operations in Houston
    GlobeNewswire

    Farmer Brothers Sets Timing for Wind Down of Manufacturing Operations in Houston

    NORTHLAKE, Texas, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the “Company”), a national coffee roaster, wholesaler and distributor of coffee, tea, and culinary products, today announced that it will implement the wind-down of manufacturing operations in Houston, Texas in December 2020, with the last day of production expected in late January 2021. The Houston action is part of Farmer Brothers’ supply chain optimization strategy, which also includes significant improvements to the Company’s Dallas-Fort Worth facility and a new West Coast distribution facility in Rialto, California. Farmer Brothers will continue to maintain a sales presence in the Houston area.Deverl Maserang, CEO of Farmer Brothers, commented, “The de-risking of our Houston operation is an unfortunate but necessary step in our long-term production and distribution strategy, which is aimed at better serving our customers, strengthening our competitive position both regionally and nationally, and securing a strong future for Farmer Brothers. Decisions like these are extremely difficult for Farmer Brothers given our deep family values, and we are committed to supporting affected employees with severance and access to their benefits.”About Farmer Brothers Founded in 1912, Farmer Bros. Co. is a national coffee roaster, wholesaler and distributor of coffee, tea and culinary products. The Company’s product lines include organic, Direct Trade and sustainably produced coffee. With a robust line of coffee, hot and iced teas, cappuccino mixes, spices, and baking/biscuit mixes, the Company delivers extensive beverage planning services and culinary products to its U.S. based customers. The Company serves a wide variety of customers, from small independent restaurants and foodservice operators to large institutional buyers like restaurant, department and convenience store chains, hotels, casinos, healthcare facilities, and gourmet coffee houses, as well as grocery chains with private brand coffee and consumer branded coffee and tea products, and foodservice distributors.ContactEllipsis Jeff Majtyka & Kyle King Investor.relations@farmerbros.com (646) 776-0886

  • Earnings Release: Here's Why Analysts Cut Their Farmer Bros. Co. (NASDAQ:FARM) Price Target To US$6.50
    Simply Wall St.

    Earnings Release: Here's Why Analysts Cut Their Farmer Bros. Co. (NASDAQ:FARM) Price Target To US$6.50

    Farmer Bros. Co. (NASDAQ:FARM) missed earnings with its latest first-quarter results, disappointing overly-optimistic...

  • Farmer Brothers (FARM) Reports Q1 Loss, Lags Revenue Estimates
    Zacks

    Farmer Brothers (FARM) Reports Q1 Loss, Lags Revenue Estimates

    Farmer Brothers (FARM) delivered earnings and revenue surprises of 75.00% and -0.58%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?