Farmer Bros. Co. on Tuesday reported improved sales and earnings, recording its most profitable year in a decade, according to Mike Keown, the company’s president and chief executive.

For the fiscal year that ended June 30, the Torrance coffee roaster reported that net sales increased 2.8 percent from the previous year to $528 million. Operating income was $8.9 million, up from about $400,000, and net income was $12.1 million (76 cents a diluted share) compared with a loss of $8.5 million (-54 cents).

For the quarter, operating earnings were $2.33 million, up from a loss of $2.65 million in the same quarter a year earlier. Net income was $3.11 million (19 cents per diluted share), up from a loss of $2.98 million (-19 cents).

The quarter was helped by the $3.8 million sale of its idled refurbishment facility in Los Angeles, which it shuttered last year, Keown said.

Shares on Tuesday fell 3 percent to close $24.64 on the New York Stock Exchange.