{"schema_version":"secwatch.filing_event.v1","accession":"0000034563-24-000044","form_type":"8-K","ticker":"FARM","cik":"0000034563","company_name":"FARMER BROTHERS CO","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.557350+00:00","generated_at":"2026-06-02T07:22:52.506016+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Farmer Bros Q3 net sales $85.4M; gross margin expands 660 bps to 40.1%","bullets":["Net loss from continuing ops improved to $0.7M from $6.9M YoY; adjusted EBITDA positive $0.27M.","Gross margin 40.1% vs 33.5% prior year; gross profit up 19% to $34.2M.","Operating expenses down slightly to $34.7M helped by $2.3M gains on asset sales.","Cash $5.5M; $30.5M revolver availability; target free cash flow positive in early fiscal 2025.","CEO cites early wins from DSD transformation, roasting consolidation to Portland facility."],"urls":{"canonical":"https://secwatch.observer/filing/0000034563-24-000044","json":"https://secwatch.observer/filing/0000034563-24-000044.json","markdown":"https://secwatch.observer/filing/0000034563-24-000044.md","text":"https://secwatch.observer/filing/0000034563-24-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/34563/000003456324000044/0000034563-24-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/34563/000003456324000044/farm-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:22:52.506016+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":"487a2813ff8486fec83e91cd989fafe8343da050","claim":"FARMER BROTHERS CO reported third fiscal quarter ended March 31, 2024 results: revenue $85.4 million, net income loss of $0.7 million.","evidence_excerpt":"exhibits. --- EX-99.1 (EX-99.1) --- Farmer Brothers reports third quarter fiscal 2024 financial results and publishes quarterly shareholder letter Fiscal Q3 2024 net sales of $85.4 million Gross margin increase of 660 basis points year-over-year to 40.1% NORTHLAKE, Texas, May, 9, 2024 – Farmer Bros. Co. (NASDAQ: FARM) today reported its third quarter fiscal 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/34563/000003456324000044/0000034563-24-000044-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$85.4 million"},{"label":"Net income","value":"loss of $0.7 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"}