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Last €22.70 EUR
Change Today -0.163 / -0.71%
Volume 0.0
FB1 On Other Exchanges
As of 4:28 AM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

farmer bros co (FB1) Snapshot

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52 Week High
01/23/15 - €27.93
52 Week Low
06/4/14 - €13.37
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farmer bros co (FB1) Details

Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. Its products include roasted coffee; liquid coffee; and coffee related products, including coffee filters, sugar and creamers, assorted ice and hot teas, cappuccino, cocoa, spices, gelatins and puddings, soup bases, gravy and sauce mixes, pancake and biscuit mixes, and jellies and preserves. The company sells its products under the Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan by Farmer Brothers, Cain's, and McGarvey brand names, as well as under various private labels. It serves restaurants, donut shops, hotels, casinos, hospitals, foodservice providers, convenience stores, gourmet coffee houses, bakery/café chains, drugstore chains, grocery and specialty food retailers, and quick service restaurants. The company distributes its products through direct-store-delivery network, as well as third parties and common carriers. Farmer Bros. Co. was founded in 1912 and is headquartered in Torrance, California.

Founded in 1912

farmer bros co (FB1) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $475.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $294.2K
Senior Vice President of Route Sales
Total Annual Compensation: $262.4K
Executive Officer
Total Annual Compensation: $302.6K
Compensation as of Fiscal Year 2014.

farmer bros co (FB1) Key Developments

Farmer Bros. Co. Announces New $75 Million Senior Secured Revolving Credit Facility

Farmer Bros. Co. announced that it has entered into a new five-year $75 million senior secured revolving credit facility led by JPMorgan Chase Bank, N.A. as Administrative Agent, and SunTrust Bank, as Syndication Agent, to replace the company's existing $75 million credit facility with Wells Fargo Bank, N.A. that expired on March 2, 2015. The revolving facility includes an additional $50 million accordion feature subject to approval by applicable lenders. The company intends to use the proceeds of the revolving facility to refinance certain existing indebtedness, to finance the company's working capital needs, and to finance certain expenses and other capital expenditures related to the company's corporate relocation plan announced on February 5, 2015.

Farmer Brothers Co. Presents at 27th Annual ROTH Conference, Mar-09-2015 03:30 PM

Farmer Brothers Co. Presents at 27th Annual ROTH Conference, Mar-09-2015 03:30 PM. Venue: The Ritz Carlton, 1 Ritz Carlton Dr, Dana Point, CA 92629, United States. Speakers: Mark J. Nelson, Chief Financial Officer, Principal Accounting Officer, Treasurer and Member of Administrative Committee, Michael H. Keown, Chief Executive Officer, President, Director and Member of Administrative Committee.

Farmer Brothers to Lay Off 350 Workers

Farmer Brothers will leave the South Bay for a more business-friendly climate in another state. More than 350 employees are expected to be laid off. The company's headquarters and coffee processing plant at 20333 S. Normandie Ave. in Harbor Gateway will be shuttered, in favor of relocating to either Oklahoma City or the Dallas-Fort Worth area. The move would result in annual savings of $12 million to $15 million beginning in the latter half of 2016.


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