Company profile

Ticker
FARM
Exchange
CEO
Christopher P. Mottern
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
950725980

FARM stock data

(
)

Calendar

8 May 19
21 Aug 19
30 Jun 20

News

Company financial data Financial data

Quarter (USD) Mar 19 Dec 18 Sep 18 Jun 18
Revenue 146.68M 159.77M 147.44M 149.54M
Net income -51.75M -10.1M -2.99M 133K
Diluted EPS -3.05 -0.6 -0.18 0
Net profit margin -35.28% -6.32% -2.03% 0.09%
Operating income -6.1M 502K -2.08M 2M
Net change in cash -1.14M 7.83M 3.07M -4.54M
Cash on hand 12.19M 13.33M 5.5M 2.44M
Cost of revenue 106.78M 106.53M 99.21M 96.94M
Annual (USD) Jun 18 Jun 17 Jun 16 Jun 15
Revenue 606.54M 541.5M 544.38M 545.88M
Net income -18.28M 22.55M 71.79M 652K
Diluted EPS -1.11 1.34 4.32 0.04
Net profit margin -3.01% 4.16% 13.19% 0.12%
Operating income 1.12M 39.18M -2.19M 3.28M
Net change in cash -3.8M -14.85M 5.94M 3.17M
Cash on hand 2.44M 6.24M 21.1M 15.16M
Cost of revenue 399.5M 354.62M 373.21M 348.85M

Financial data from company earnings reports

Financial report summary

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Competition
SyscoCostcoStarbucksCottMedifastLLCClubCottCottCotinga Pharmaceuticals
Risks
  • An increase in our debt leverage could adversely affect our liquidity and results of operations and a covenant that governs our current indebtedness may limit our ability to borrow.
  • Our liquidity may be materially adversely affected by constraints in the capital and credit markets and limitations under our financing arrangements.
  • Our accounts receivable represents a significant portion of our current assets and a substantial portion of our trade accounts receivables relate principally to a limited number of customers, increasing our exposure to bad debts and counter-party risk which could potentially have a material adverse effect on our results of operations.
Management Discussion
  • Certain statements contained in this Quarterly Report on Form 10-Q are not based on historical fact and are forward-looking statements within the meaning of federal securities laws and regulations. These statements are based on management’s current expectations, assumptions, estimates and observations of future events and include any statements that do not directly relate to any historical or current fact; actual results may differ materially due in part to the risk factors set forth in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended June 30, 2018 filed with the Securities and Exchange Commission (the “SEC”) on September 13, 2018 (the “2018 Form 10-K”) and Part II, Item 1A of this report. These forward-looking statements can be identified by the use of words like “anticipates,” “estimates,” “projects,” “expects,” “plans,” “believes,” “intends,” “will,” “could,” “assumes” and other words of similar meaning. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially from those set forth in forward-looking statements. We intend these forward-looking statements to speak only at the time of this report and do not undertake to update or revise these statements as more information becomes available except as required under federal securities laws and the rules and regulations of the SEC. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, the success of the Corporate Relocation Plan, the timing and success of implementation of the DSD Restructuring Plan, the Company’s success in consummating acquisitions and integrating acquired businesses, the impact of capital improvement projects, the adequacy and availability of capital resources to fund the Company’s existing and planned business operations and the Company’s capital expenditure requirements, the relative effectiveness of compensation-based employee incentives in causing improvements in Company performance, the capacity to meet the demands of our large national account customers, the extent of execution of plans for the growth of Company business and achievement of financial metrics related to those plans, the success of the Company to retain and/or attract qualified employees, the success of the Company’s adaptation to technology and new commerce channels, the effect of the capital markets as well as other external factors on stockholder value, fluctuations in availability and cost of green coffee, competition, organizational changes, the effectiveness of our hedging strategies in reducing price and interest rate risk, changes in consumer preferences, our ability to provide sustainability in ways that do not materially impair profitability, changes in the strength of the economy, business conditions in the coffee industry and food industry in general, our continued success in attracting new customers, variances from budgeted sales mix and growth rates, weather and special or unusual events, as well as other risks described in this report and other factors described from time to time in our filings with the SEC. The results of operations for the three and nine months ended March 31, 2019 are not necessarily indicative of the results that may be expected for any future period.
Content analysis ?
Positive
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Constraining
Legalese
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Readability
H.S. sophomore Avg
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