---
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"
generated_at: "2026-06-06T05:59:29.337489+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Farmer Bros. Q2 FY2024: Gross margin tops 40% for first time in a year; net income swings to $2.7M from loss

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034563-24-000020
- JSON: https://secwatch.observer/filing/0000034563-24-000020.json
- Plain text: https://secwatch.observer/filing/0000034563-24-000020.txt

## Key facts
- Earnings Releases
  FARMER BROTHERS CO reported second quarter fiscal 2024 results: revenue $89.5 million, net income $2.7 million.
  - Period: second quarter fiscal 2024
  - Revenue: $89.5 million
  - Net income: $2.7 million
  - Result: reported results
  source text: Farmer Brothers reports second quarter fiscal 2024 financial results and publishes quarterly shareholder letter Fiscal Q2 2024 net sales of $89.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000003456324000020/0000034563-24-000020-index.htm

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