Farmer Bros. Co. (FARM) Q3 2024 Earnings Call Transcript | Old North State Wealth News
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Farmer Bros. Co. (FARM) Q3 2024 Earnings Call Transcript

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Farmer Bros. Co. (NASDAQ:FARM) Q3 2024 Earnings Conference Call May 9, 2024 5:00 PM ET

Company Participants

John Moore – President and CEO
Brad Bollner – Interim CFO

Conference Call Participants

Gerry Sweeny – ROTH Capital
Eric Des Lauriers – Craig-Hallum Capital Group

Operator

Good afternoon and welcome to the Farmer Brothers Fiscal Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. As a reminder, this call is being recorded.

Earlier today, the company issued its quarterly shareholder letter available on the Investor Relations section of Farmer Brothers’ website at farmerbros.com. The shareholder letter is also included as an exhibit on the company’s Form 10-Q and is available on its website and the Securities and Exchange Commission’s website at sec.gov. A replay of this audio-only webcast will also be available on the company’s website approximately two hours after the conclusion of this call.

Before we begin the call, please note all of the financial information presented in unaudited and various remarks made by management during this call about the company’s future expectations, plans, and prospects may constitute forward-looking statements for purposes of the Safe Harbor provisions under the federal security laws and regulations.

These forward-looking statements represent the company’s views as of today and should not be relied upon as representing the company’s views as of any subsequent date. Results could differ materially from those forward-looking statements. Additional information on factors, which could cause actual results and other events to differ materially from those forward-looking statements is available in the company’s shareholder letter and public filings.

On today’s call, management will also reference certain non-GAAP financial measures including adjusted EBITDA and adjusted EBITDA margin in assessing the company’s operating performance. Reconciliation of these non-GAAP financial measures to their most directly comparable GAAP measures is also included

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