Farmer Bros Co (FARM) Reports Q2 Loss of $0.60/Share
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Farmer Bros. Co. Reports Second Quarter Fiscal 2019 Financial Results
February 11, 2019 4:05 PM ESTNORTHLAKE, Texas, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the "Company") today reported financial results for its second fiscal quarter ended December 31, 2018.
Second Quarter Fiscal 2019 Highlights:
Volume of green coffee processed and sold decreased by 1.7 million pounds to 27.4 million pounds, a 5.8% decrease over the prior year period; Green coffee pounds processed and sold through our DSD network were 9.9 million, or 36.0% of total green coffee pounds processed and soldDirect ship customers represented 17.0 million, or 62.2%, of total green coffee pounds processed and soldDistributor customers... More