Farmer Brothers: Fiscal 2Q Earnings Snapshot
NORTHLAKE, Texas (AP) _ Farmer Brothers Co. (FARM) on Monday reported a loss of $10.1 million in its fiscal second quarter.
The Northlake, Texas-based company said it had a loss of 60 cents per share. Losses, adjusted for non-recurring costs, came to 12 cents per share.
The coffee and tea company posted revenue of $159.8 million in the period.
Farmer Brothers shares have climbed 12 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $26.17, a decrease of 12 percent in the last 12 months.