---
schema_version: "secwatch.filing_event.v1"
accession: "0000034563-22-000096"
form_type: "8-K"
ticker: "FARM"
cik: "0000034563"
company_name: "FARMER BROTHERS CO"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:04:56.633410+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Farmer Bros. Q1 net loss widens to $7.4M; sales up 12% but margin slides

## Summary
- Net sales $121.4M (+12% YoY); gross margin 21.9% vs 29.0% a year ago.
- Net loss $7.4M ($0.39 diluted loss) vs $2.4M loss ($0.14) in prior year.
- Adjusted EBITDA loss of $4.9M vs income of $3.5M; margin (4.0)% vs 3.2%.
- Total debt $114.0M, cash $7.6M as of Sep 30, 2022.
- CEO cites short-term pricing/inflation pressures; margin recovery reportedly underway in Q2.

## SEC filing metadata
- accession: 0000034563-22-000096
- form_type: 8-K
- ticker: FARM
- cik: 0000034563
- company_name: FARMER BROTHERS CO
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34563/000003456322000096/0000034563-22-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34563/000003456322000096/farm-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034563-22-000096
- JSON: https://secwatch.observer/filing/0000034563-22-000096.json
- Plain text: https://secwatch.observer/filing/0000034563-22-000096.txt

## Key facts
- Earnings Releases
  FARMER BROTHERS CO reported first fiscal quarter ended September 30, 2022 results: revenue $121.4 million, net income $7.4 million, EPS $(0.39).
  - Period: first fiscal quarter ended September 30, 2022
  - Revenue: $121.4 million
  - Net income: $7.4 million
  - EPS: $(0.39)
  - Result: reported results
  source text: Co. (NASDAQ: FARM) (the “Company”) today reported financial results for its first fiscal quarter ended September 30, 2022. First Quarter Fiscal 2023 Highlights: • Net sales were $121.4 million , an increase of $13.0 million , or 12.0% , from the prior year pe riod • Gross margin in the period was 22% compared to 29% in the prior year period, • Net loss was $7.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000003456322000096/0000034563-22-000096-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.