Exhibit 99.1


Contact:            
Joele Frank, Wilkinson Brimmer Katcher            
Leigh Parrish / Kaitlin Kikalo
212-355-4449
            
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Farmer Bros. Co. Reports First Quarter Fiscal 2019 Financial Results


Northlake, Texas-(GLOBE NEWSWIRE)- November 7, 2018-
Farmer Bros. Co. (NASDAQ: FARM) (the "Company") today reported financial results for its first fiscal quarter ended September 30, 2018.

First Quarter Fiscal 2019 Highlights:

Volume of green coffee processed and sold increased by 2.2 million pounds, reaching 25.4 million pounds, a 9.6% increase over the prior year period;
Gross profit increased $2.2 million to $48.2 million and gross margin decreased 230 basis points to 32.7% over the prior year period;
Net loss was $(3.0) million compared to net income of $0.8 million in the prior year period; and
Adjusted EBITDA was $11.0 million compared to $12.5 million in the prior year period.*

(*Adjusted EBITDA, a non-GAAP financial measure, is reconciled to its corresponding GAAP measure at the end of this press release.)

“As we have entered our new fiscal year, our team has continued to take important steps forward in executing our strategy and we generated Adjusted EBITDA for the first quarter ahead of plan,” said Mike Keown, President and CEO. “We have passed the one-year mark since the closing of the Boyd’s acquisition and remain very pleased with the integration of this business. We are gaining traction in our DSD channel sales strategy and taking additional steps to optimize our routes and branches while enhancing our street sales teams. We continue to focus on leveraging the investments we have made in our roasting facilities by adding new customers and increasing business with existing customers. Looking ahead, we remain excited about Farmer Brothers’ long-term growth opportunities.”











The following information was filed by Farmer Brothers Co (FARM) on Wednesday, November 7, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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