Last $30.11 USD
Change Today -1.01 / -3.25%
Volume 51.4K
FARM On Other Exchanges
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

farmer bros co (FARM) Snapshot

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12/18/14 - $31.20
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06/4/14 - $18.05
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farmer bros co (FARM) Details

Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. Its products include roasted coffee; liquid coffee; and coffee related products, including coffee filters, sugar and creamers, assorted ice and hot teas, cappuccino, cocoa, spices, gelatins and puddings, soup bases, gravy and sauce mixes, pancake and biscuit mixes, and jellies and preserves. The company sells its products under the Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan by Farmer Brothers, Cain's, and McGarvey brand names, as well as under various private labels. It serves restaurants, donut shops, hotels, casinos, hospitals, foodservice providers, convenience stores, gourmet coffee houses, bakery/café chains, drugstore chains, grocery and specialty food retailers, and quick service restaurants. The company distributes its products through direct-store-delivery network, as well as third parties and common carriers. Farmer Bros. Co. was founded in 1912 and is headquartered in Torrance, California.

farmer bros co (FARM) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $475.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $294.2K
Senior Vice President of Route Sales
Total Annual Compensation: $262.4K
Executive Officer
Total Annual Compensation: $302.6K
Total Annual Compensation: $259.9K
Compensation as of Fiscal Year 2014.

farmer bros co (FARM) Key Developments

Farmer Bros. Co. Appoints Thomas J. Mattei, Jr. as General Counsel and Executive Officer

Farmer Bros Co. announced that effective December 4, 2014, Thomas J. Mattei, Jr. was appointed to the position of General Counsel and was named an Executive Officer of the company. Mr. Mattei, 44, joined Farmer Bros Co. in January 2013 as Vice President and Corporate Counsel and leads the company's corporate, strategic and tactical legal initiatives. His key areas of responsibility include, among others, corporate governance, SEC compliance, mergers and acquisitions, and litigation management; in addition, Mr. Mattei oversees the company's Risk Management and Real Estate departments. Prior to joining Farmer Bros. Co., Mr. Mattei was in private practice with Weintraub Tobin Chediak Coleman Grodin Law Corporation and Weissmann Wolff Bergman Coleman Grodin & Evall LLP in Beverly Hills, CA, from July 2004 to December 2012, with primary responsibilities in corporate, finance and real estate transactional matters.

Farmer Brothers Co. Appoints Barry Fischetto as Senior Vice President of Operations Effective December 2, 2014

Farmer Bros. Co. announced that Barry Fischetto joined the company effective December 2, 2014, as Senior Vice President of Operations, reporting to Mike Keown, the company's President and Chief Executive Officer. Mr. Fischetto, brings to Farmer Bros. Co., a wealth of experience in strategic planning, operations management, process/cost rationalization, supply chain management and process improvements. From 2013 to August, 2014, he served as Chief Operating Officer of SK Food Group. Under Mr. Fischetto's leadership, SK Food Group developed a company-wide process reliability platform and completed a new facility build-out.

Farmer Brothers Co. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2014

Farmer Brothers Co. reported unaudited consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, net sales were $135,984,000 against $129,529,000 for the same period in the last year. Income from operations was $2,601,000 compared to $3,014,000 for the same period in the last year. Net income was $2,515,000, or $0.16 per basic and diluted common share, compared to $1,806,000, or $0.11 per basic and diluted common share for the same period in the last year. Income before taxes was $2,713,000 compared to $2,112,000 a year ago. Adjusted EBITDA was $10,434,000 against $10,812,000 for the same period in the last year.


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