Farmer Bros Q2 net sales drop

Farmer Bros Co

13/02/2026 21:26

Overview

Coffee roaster's fiscal Q2 net sales fell 1% yr/yr

Company reported a net loss of $4.9 mln for fiscal Q2

Adjusted EBITDA for fiscal Q2 was $484,000, down from $5.9 mln last year

Outlook

Farmer Bros. expects gross margin to stay above 35% for fiscal 2026

Company focuses on growing top-line revenue amid economic pressures

Result Drivers

GROSS MARGIN - Gross margin remained above 35% despite higher cost of goods sold and economic pressures, per CEO John Moore

COST MANAGEMENT - Co reported a $700,000 decrease in general and administrative expenses, contributing to lower operating expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$88.92 mln
$92.47 mln (2 Analysts)
Q2 Net Income
-$4.87 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Farmer Bros Co is $2.25, about 40.6% above its February 12 closing price of $1.60

Press Release: ID:nGNX3vDkyX

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)