earnings
confidence high
sentiment neutral
materiality 0.55
Farmer Bros Q1 net sales up 4% to $85.1M; adjusted EBITDA positive $1.4M, gross margin 43.9%
FARMER BROTHERS CO
2025-Q1 EPS
reported -$0.24
vs consensus -$0.11
▼ miss
(-124.1%)
- Net sales rose 4% YoY to $85.1M; gross margin expanded 630 bps to 43.9% on improved pricing.
- Adjusted EBITDA turned positive at $1.4M vs -$0.5M a year ago; net loss widened to $5.0M from $1.3M due to absence of asset sale gains.
- SKU rationalization on track for Q3 fiscal 2025; Boyd's Coffee brand refresh completed.
- Cash and equivalents $3.3M, restricted cash $1.9M, revolver availability $27.1M as of Sep 30, 2024.