- Net sales have failed to recover pre-pandemic levels.
- The company has aggressively restructured operations to improve efficiency.
- Gross profit margins and EBITDA margins dramatically improved during the last few quarters despite current headwinds related to costs and reduced volumes.
- The new delta variant of the coronavirus represents a major risk for the company's short-term prospects.
- Despite the current headwinds, I strongly believe the company is poised for a recovery in the mid to long term.
For further details see:
Farmer Brothers: A New Opportunity To Buy Shares