Coffee Holding Co. (JVA) Reports Q2 Loss of $0.33
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Coffee Holding Company Reports Fiscal Second Quarter 2015 Results
June 11, 2015 8:30 AM EDTSTATEN ISLAND, NY -- (Marketwired) -- 06/11/15 -- Coffee Holding Co., Inc. (NASDAQ: JVA) (Coffee Holding), a leading wholesale coffee dealer and roaster, reported financial results for its fiscal second quarter ended April 30, 2015.
Fiscal Q2 2015 Financial Results
Net sales in the fiscal second quarter of 2015 increased 19% to $30.3 million compared to $25.4 million in the same year-ago quarter. The increase was due to growth across all three of the company's core business operations, which include its green coffee, private label, and branded products business.
Gross profit in the second quarter was ($1.1)... More
