{"schema_version":"secwatch.filing_event.v1","accession":"0000034563-24-000020","form_type":"8-K","ticker":"FARM","cik":"0000034563","company_name":"FARMER BROTHERS CO","filed_at":"2024-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.567900+00:00","generated_at":"2026-06-06T05:59:29.337489+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Farmer Bros. Q2 FY2024: Gross margin tops 40% for first time in a year; net income swings to $2.7M from loss","bullets":["Net sales $89.5M (+$0.6M YoY); gross margin 40.4% (+550 bps YoY).","Net income from continuing ops $2.7M vs loss $8.7M YoY; adj. EBITDA $2.3M vs loss $2.2M.","Capex $3.3M in Q2; FY2024 capex guidance $12-15M; expects FCF positive by early fiscal 2025.","Cash $6.9M; debt $23.3M; $24.5M availability under credit facility.","Transition to DSD focus; reducing SKU redundancies; investing in tech (Project Symphony, CRM)."],"urls":{"canonical":"https://secwatch.observer/filing/0000034563-24-000020","json":"https://secwatch.observer/filing/0000034563-24-000020.json","markdown":"https://secwatch.observer/filing/0000034563-24-000020.md","text":"https://secwatch.observer/filing/0000034563-24-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/34563/000003456324000020/0000034563-24-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/34563/000003456324000020/farm-20231231.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T05:59:29.337489+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f491f6afb78807ca593449d7b30368cf4d1fa3d1","claim":"FARMER BROTHERS CO reported second quarter fiscal 2024 results: revenue $89.5 million, net income $2.7 million.","evidence_excerpt":"Farmer Brothers reports second quarter fiscal 2024 financial results and publishes quarterly shareholder letter Fiscal Q2 2024 net sales of $89.5 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/34563/000003456324000020/0000034563-24-000020-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter fiscal 2024"},{"label":"Revenue","value":"$89.5 million"},{"label":"Net income","value":"$2.7 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}