Farmer Bros FY2024 net loss narrows to $3.9M; gross margin up 560 bps to 39.3%

FARMER BROTHERS CO

FY2024 net sales $341.1M (+0.3% YoY); gross margin 39.3% vs 33.7%.
Net loss $3.9M vs $34M prior; adjusted EBITDA $558K vs -$14.1M.
Q4 net sales $84.4M (-1% YoY); net loss $4.6M vs $16.9M prior.
Cash $5.8M, revolver availability $27.8M; borrowings $23.3M.
CEO cites sale of direct ship business, DSD focus, SKU rationalization as drivers.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.