FARMER BROTHERS CO Q2 FY2024 Earnings Call

FARMER BROTHERS CO (FARM)

Earnings Call FY2024 Q2 Call date: 2024-02-08 Concluded

Quarter scorecard

Revenue

$89.45M

+0.6% YoY

Diluted EPS

$0.13

Gross margin

40.4%

+5.5 pp YoY

Net income

$2.70M

Coffee Roasted $42.01M

+0.3%

Tea Iced Hot $24.19M

+0.4%

Culinary $16.59M

+2%

Spice $5.38M

-5.8%

Fuel Surcharge $1.29M

+35.3%