Quarterly ResultJun 12, 2026, 04:32 PM
COFFEE HOLDING CO INC Reports Q2 2026 Net Sales of $47.7M, Net Income of $1.91M
AI Summary
COFFEE HOLDING CO INC (JVA) filed its 10-Q report for the period ending April 30, 2026. The company reported an increase in net sales for the six-month period to $47.7 million, up from $44.6 million in the prior year. Net income also rose to $1.91 million, or $0.33 per share, compared to $1.80 million, or $0.31 per share, in the same period last year. Total assets and liabilities saw a decrease, with assets at $39.1 million and liabilities at $10.1 million as of April 30, 2026. The company also completed an acquisition and paid a dividend during the period.
Key Highlights
- COFFEE HOLDING CO INC reported net sales of $47.7M for the six months ended April 30, 2026, an increase from $44.6M in the prior year.
- Net income for the six months ended April 30, 2026, was $1.91M, or $0.33 per share, compared to $1.80M, or $0.31 per share, in the prior year.
- Total assets decreased to $39.1M as of April 30, 2026, from $42.0M as of October 31, 2025.
- Total liabilities decreased to $10.1M as of April 30, 2026, from $14.5M as of October 31, 2025.
- The company acquired the remaining assets of Empire Coffee Company for $800,000 on November 6, 2024.
- A dividend of $0.08 per common share was declared and paid during the period.
- The company's line of credit balance decreased to $2.65M as of April 30, 2026, from $6.05M as of October 31, 2025.
Price Impact
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