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Farmer Bros. Co (FARM.OQ)

FARM.OQ on NASDAQ Stock Exchange Global Select Market

33.25USD
14 Dec 2017
Change (% chg)

$-0.15 (-0.45%)
Prev Close
$33.40
Open
$33.40
Day's High
$33.55
Day's Low
$33.05
Volume
14,697
Avg. Vol
20,058
52-wk High
$37.30
52-wk Low
$28.85

Latest Key Developments (Source: Significant Developments)

Farmer Bros says believes gross margins in FY18 will be impacted by about 60-80 BPS
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Farmer Bros. Co -:Farmer Bros- currently believe gross margins in FY 18 will be impacted by about 60 - 80 BPS from higher depriciation at new Northlake, Texas facility‍​.Farmer Bros- maintenance CAPX of $20 million - $22 million, currently estimated for FY 18 excluding Boyd's Coffee - SEC filing.  Full Article

Farmer Bros Co posts Q1 loss of $0.06 per share
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Farmer Bros. Co :Farmer bros. co. Reports first quarter fiscal 2018 financial results.Q1 non-gaap earnings per share $0.03.Q1 sales rose 0.9 percent to $131.7 million.Q1 loss per share $0.06.  Full Article

Farmer Bros files for mixed shelf offering of up to $250 mln ‍​
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Farmer Bros. Co ::Farmer Bros Co files for mixed shelf offering of up to $250 million - sec filing ‍​.  Full Article

Farmer Bros. Q4 earnings per share $0.07
Thursday, 28 Sep 2017 

Sept 28 (Reuters) - Farmer Bros. Co :Farmer Bros. Co. reports fourth quarter and fiscal 2017 financial results.Q4 non-GAAP earnings per share $0.19.Q4 sales fell 0.3 percent to $133.8 million.Q4 earnings per share $0.07.  Full Article

Farmer Brothers announces agreement to acquire Boyd Coffee Company
Monday, 21 Aug 2017 

Aug 21 (Reuters) - Farmer Bros. Co :Farmer Brothers announces agreement to acquire Boyd Coffee Company.Farmer Bros. Co - ‍purchase price consists of up to $42 million in cash and 21,000 shares of a new series of preferred stock​.Farmer Bros. Co - ‍company plans to amend its existing bank credit facility​.Farmer Bros. Co - deal expected to be accretive to earnings following integration.Farmer Bros. Co - ‍one-time costs associated with transaction are expected to be approximately $9 to $11 million​.Farmer Bros. Co - ‍Farmer Brothers currently expects transaction to deliver between $13 to $16 million in annual incremental adjusted EBITDA​.Farmer Bros. Co - deal for ‍an estimated value of aggregate purchase price of $58.6 million​.  Full Article

BRIEF-Farmer Bros says believes gross margins in FY18 will be impacted by about 60-80 BPS

* Farmer Bros- currently believe gross margins in FY 18 will be impacted by about 60 - 80 BPS from higher depriciation at new Northlake, Texas facility‍​