Coffee Holding Co. (JVA) Reports Q4 EPS of $0.01

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Go back to Coffee Holding Co. (JVA) Reports Q4 EPS of $0.01

Coffee Holding Co., Inc. Reports Results for Three Months Ended January 31, 2015

March 6, 2015 9:00 AM EST

STATEN ISLAND, NY -- (Marketwired) -- 03/06/15 -- Coffee Holding Co., Inc. (NASDAQ: JVA) today announced its operating results for the three months ended January 31, 2015:

The Company reported net income of $71,801, or $0.01 per share basic and diluted, for the three months ended January 31, 2015, compared to net income of $1,371,740 or $0.22 per share basic and $0.21 per share diluted, for the three months ended January 31, 2014. The decrease in net income reflects a $1.7 million or $0.27 per share unrealized loss on our hedging activities.

Net sales totaled $38,405,979 for the three months ended January 31, 2015, an increase of $11,059,632, or 40%, from $27,346,347 for... More