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BRIEF-Farmer Bros says believes gross margins in FY18 will be impacted by about 60-80 BPS
November 15, 2017 / 12:42 PM / in a month

BRIEF-Farmer Bros says believes gross margins in FY18 will be impacted by about 60-80 BPS

Nov 15 (Reuters) - Farmer Bros. Co-

* Farmer Bros- currently believe gross margins in FY 18 will be impacted by about 60 - 80 BPS from higher depriciation at new Northlake, Texas facility‍​

* Farmer Bros- maintenance CAPX of $20 million - $22 million, currently estimated for FY 18 excluding Boyd's Coffee - SEC filing Source: (bit.ly/2iWVPVe) Further company coverage:

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