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Farmer Bros. Co. (FARM) stock declined over -6.83%, trading at $1.91 on NASDAQ, down from the previous close of $2.05. The stock opened at $1.99, fluctuating between $1.76 and $1.98 in the recent session.
Farmer Bros. Co. engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and culinary products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; and other beverages comprising cappuccino, cocoa, granitas, and other blender-based beverages and concentrated and ready-to-drink cold brew and iced coffee. It serves small independent restaurants, foodservice operators, and large institutional buyers, as well as consumers. The company distributes its products through direct-store-delivery network, and common carriers or third-party distributors, as well as Website. The company was founded in 1912 and is headquartered in Northlake, Texas.
Employees | 1003 |
Beta | 1.77 |
Sales or Revenue | $341.09M |
5Y Sales Change% | -0.52% |
Fiscal Year Ends | June |
Sector | Consumer Defensive |
Industry | Packaged Foods |
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