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 20
14 Jul 20
30 Jun 21

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 129.14M 152.5M 138.6M 142.05M
Net income -39.78M 7.75M 4.65M -8.76M
Diluted EPS -2.32 0.43 0.26 -0.52
Net profit margin -30.80% 5.08% 3.36% -6.17%
Operating income -45.17M 8.87M 6.89M -7.02M
Net change in cash 17.26M 1.71M 442K -5.21M
Cash on hand 26.39M 9.13M 7.43M 6.98M
Cost of revenue 91.19M 108.51M 97.96M 104.33M
Annual (USD) Jun 19 Jun 18 Jun 17 Jun 16
Revenue 595.94M 606.54M 541.5M 544.38M
Net income -73.6M -18.28M 22.55M 71.79M
Diluted EPS -4.36 -1.11 1.34 4.32
Net profit margin -12.35% -3.01% 4.16% 13.19%
Operating income -14.7M 1.05M 38.93M -2.19M
Net change in cash 4.55M -3.8M -14.85M 5.94M
Cash on hand 6.98M 2.44M 6.24M 21.1M
Cost of revenue 416.84M 399.16M 354.65M 373.21M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Jul 20 Maurice S.J. Moragne Common Stock Grant Aquire A No 0 10,373 0 10,373
1 Jul 20 Maurice S.J. Moragne Stock Option Common Stock Grant Aquire A No 7.23 29,761 215.17K 29,761
1 Apr 20 Scott Ray Drake Stock Option Common Stock Grant Aquire A No 6.72 88,495 594.69K 88,495
82.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 89 82 +8.5%
Opened positions 14 8 +75.0%
Closed positions 7 10 -30.0%
Increased positions 24 33 -27.3%
Reduced positions 34 25 +36.0%
13F shares
Current Prev Q Change
Total value 203.23M 427.38M -52.4%
Total shares 14.09M 13.99M +0.8%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Russell Investments 2.67M $18.6M -12.1%
Trigran Investments 2.24M $15.57M +15.1%
Levin Easterly Partners 1.28M $8.91M -9.9%
Dimensional Fund Advisors 944.68K $6.58M +4.8%
Adage Capital Partners GP, L.L.C. 869.7K $6.05M 0.0%
Vanguard 868.64K $6.05M +7.6%
BLK BlackRock 784.95K $5.46M -1.1%
Renaissance Technologies 532.4K $3.71M -6.9%
Punch & Associates Investment Management 479.8K $3.34M -2.0%
TETAB Teton Advisors 372.02K $2.59M -0.5%
Largest transactions
Shares Bought/sold Change
Russell Investments 2.67M -366.39K -12.1%
Trigran Investments 2.24M +293.7K +15.1%
Archon Capital Management 253.66K +253.66K NEW
Mitsubishi UFJ Trust & Banking 200.26K +200.26K NEW
Levin Easterly Partners 1.28M -139.97K -9.9%
Kennedy Capital Management 64.43K +64.43K NEW
Formidable Asset Management 83.57K -61.95K -42.6%
Vanguard 868.64K +61.03K +7.6%
Oxford Asset Management 16.43K -49.66K -75.1%
Two Sigma Investments 41.79K -46.75K -52.8%

Financial report summary

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Competition
SyscoCostcoStarbucksPrimo WaterMedifastLLCClubCottCottCotinga Pharmaceuticals
Risks
  • Our liquidity has been adversely affected as a result of our operating performance in recent periods, as well as the COVID-19 pandemic, and may be further materially adversely affected by constraints in the capital and credit markets and limitations under our financing arrangements.
  • An increase in our debt leverage could adversely affect our liquidity and results of operations.
Management Discussion
  • In fiscal 2019, both our DSD and direct ship sales channels experienced sales declines. The DSD sales channel was impacted by higher customer attrition in part related to our route consolidation initiative and the integration process of the Boyd Business. Our direct ship sales channel also experienced headwinds, driven by softness from two large customers throughout the year and the volume production loss of two brands that we previously serviced to its owner, who now has in-house capabilities. We had also anticipated incremental sales volume in fiscal 2019 from a significant direct ship customer that did not materialize. The production qualification requirements for this customer are still ongoing.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
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