Farmer Bros Co (FARM) Misses Q3 EPS by 4c
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Farmer Bros. Co. Reports Third Quarter Fiscal 2015 Financial Results
May 7, 2015 4:51 PM EDTTORRANCE, Calif., May 07, 2015 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (Nasdaq: FARM) today reported financial results for the third quarter ended March 31, 2015.
Third Quarter Fiscal 2015 Highlights:
Net sales increased 5.6% to $132.5 million in the third quarter;Loss from operations improved $0.7 million to $(1.4) million in the third quarter compared to $(2.1) million;Net loss was $(2.6) million, or $(0.16) per common share, in the third quarter compared to net income of $2.5 million, or $0.16 per diluted common share;Restructuring and other transition expenses associated with the Company's recently announced Corporate Relocation Plan... More