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Stock impact report

“More niches mean more opportunity” – Farmer Brothers on how different formats meet demand for coffee [Yahoo! Finance]

Treehouse Foods, Inc. (THS) 
Last treehouse foods, inc. earnings: 2/13 06:55 am Check Earnings Report
US:NYSE Investor Relations: treehousefoods.gcs-web.com/node/5806
Company Research Source: Yahoo! Finance
Last July, it sold a coffee facility in Northlake, Texas, and its non-direct store-delivery coffee business, known as Direct Ship to private-label manufacturer TreeHouse Foods for $100m. In the opening half of its fiscal 2024 since the sale, Farmer Brothers has slowly been turning around its performance, with adjusted EBITDA turning to a positive $2.3m in the second quarter compared to a loss of $2.2m the year before. Six-month sales were $171.3m, up from $168.7m a year earlier. Matthew Swenson was hired in March as the vice president of coffee operations at the Texas-based company, adopting some of the previous CEO's roles amid a time of change at the company's helm. He previously served as the director of coffee at Nestlé. Just Drinks sat down with Swenson to discuss how Farmer Brothers is looking to streamline the business, what consumer trends to keep an eye on and sustainable practices in the supply chain. Henry Mathieu (HM): How have your first couple of months been at F Show less Read more
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