Farmer Bros Co (FARM) Tops Q1 EPS by 40c

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Go back to Farmer Bros Co (FARM) Tops Q1 EPS by 40c

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

November 7, 2019 4:07 PM EST

NORTHLAKE, Texas, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) (the "Company") today reported financial results for its first fiscal quarter ended September 30, 2019.

First Quarter Fiscal 2020 Highlights:

Volume of green coffee processed and sold increased by 0.5 million to 26.0 million pounds, a 2.0% increase over the prior year period; Green coffee pounds processed and sold through our DSD network were 8.3 million, or 32.0% of total green coffee pounds processed and soldDirect ship customers represented 17.4 million, or 67.0%, of total green coffee pounds processed and soldDistributor customers... More