| Business Summary | | Farmer
Brothers
Co.
is
in
the
business
of
roasting,
packaging
and
distributing
coffee
and
allied
products
through
direct
sales
to
restaurants,
hotels,
hospitals,
convenience
stores
and
fast
food
outlets.
The
Company's
products
are
distributed
by
its
selling
divisions
from
97
branches
located
in
most
large
cities
throughout
29
western
states.
Roast
coffee
sales
account
for
approximately
54%
of
the
Company's
revenues. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Farmer
Brothers
Co.
roasts,
packages,
and
distributes
coffee
and
allied
products
to
restaurants,
hotels,
hospitals,
convenience
stores
and
fast
food
outlets.
For
the
nine
months
ended
3/31/01,
net
sales
fell
1%
to
$164.6
million.
Net
income
before
accounting
change
rose
10%
to
$29.5
million.
Revenues
reflect
decreased
sales
volume
of
roast
coffee.
Earnings
were
offset
by
an
increase
in
other
income
attributable
to
higher
interest
rates. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Roy Farmer, 84 Chairman
and CEO | $1.6M | Roy Farmer, 48 Pres,
Director and COO | 553K | Guenter Berger, 63 VP
- Production | 322K | Kenneth Carson, 59 VP
of Sales | 270K | John Simmons, 48 Treasurer | 250K | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|