Monday 08 August 2022

Farmer Brothers provides update ahead of Annual Investor Conference

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NORTHLAKE, Texas, USA – Farmer Bros. Co., a leading national coffee roaster, wholesaler, equipment servicer, and distributor of coffee, tea, and culinary products, today released an updated investor presentation containing recent business updates. The presentation can be found on the Company’s website at www.farmerbros.com under the “Investor Relations” section.

As previously announced, the Company will also participate in a Fireside Chat today, at 9:30 AM PT, which will be live-streamed here. Following the conference, the webcast will be archived and added to the investor relations section of the Company’s website.

Deverl Maserang, CEO of Farmer Bros., commented, “We’re pleased to provide an update on the Farmer Bros. story, highlighted by continued improvements we’ve seen across our business since our most recent quarterly results report.”

Mr. Maserang continued, “Sales data from the most recent weeks have continued to show improvement in our business, with many of our regions beginning to approach pre-COVID levels. Further, we’ve continued to add new customers across our sales channels year-to-date.

These improvements, should they continue, combined with the operating leverage we have built into the business, put Farmer Bros. in a solid position to drive renewed growth and profitability in future periods.”

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