secwatch.observer — SEC 8-K summary
======================================

Issuer:     FARMER BROTHERS CO (FARM)
CIK:        0000034563
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0000034563-25-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmer Bros Q2 net sales flat at $90M; gross margin +270bps to 43.1%; adj EBITDA $5.9M
--------------------------------------------------------------------------------

- Net sales $90.0M (vs $89.5M YoY); gross margin 43.1% vs 40.4% (+270 bps).
- Adjusted EBITDA $5.9M vs $2.3M YoY; net income $0.2M (includes $1.5M asset disposal loss).
- Operating expenses 42% of sales vs 35.4% due to absence of branch-sale gains.
- Cash $5.5M; borrowings $23.3M; revolver availability $23.7M.
- Appointed Brian Miller VP Sales; Tom Bauer to operations role; SKU rationalization on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34563/000003456325000016/0000034563-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34563/000003456325000016/farm-20250206.htm
  HTML page:      https://secwatch.observer/filing/0000034563-25-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer