FARMER BROTHERS CO Q2 FY2023 Earnings Call

FARMER BROTHERS CO (FARM)

Earnings Call FY2023 Q2 Call date: 2023-02-08 Concluded

Quarter scorecard

Revenue

$88.92M

-24.9% YoY

Diluted EPS

$-0.73

Gross margin

34.9%

+5.4 pp YoY

Net income

-$13.61M

Coffee Roasted $41.89M

-44.5%

Tea Iced Hot $24.10M

+5.3%

Culinary $16.27M

+16.9%

Spice $5.71M

+12.8%

Fuel Surcharge $952,000

-11.5%