Farmer Bros. Co. (NASDAQ: FARM) has announced its financial results for the second quarter of fiscal 2025, covering the period ending Dec. 31, 2024. The company has filed its Form 10-Q, which is available on its Investor Relations website.
President and CEO John Moore highlighted the company’s strong performance despite a challenging market. “This was one of our best quarters in quite some time. We achieved continued improvements in sales, operating expenses, and adjusted EBITDA, with gross margins exceeding 43% for the second consecutive quarter,” Moore said.
Farmer Brothers is currently focused on driving revenue growth, increasing coffee sales volume, and expanding its customer base while optimizing operations.
Looking ahead, Moore emphasized the company’s commitment to navigating economic challenges and building on recent progress. “We believe these results reflect the positive impact of our focus on DSD operations and business optimization over the past 18 months. As market conditions improve, we are well-positioned for significant long-term growth and profitability.”
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