Quarterly ResultJun 12, 2026, 04:16 PM
Coffee Holding Q2 EPS $0.05, down 54.5%
AI Summary
Coffee Holding Co., Inc. reported a significant decline in its fiscal second-quarter results, with net income falling to $262,489, or $0.05 per share, a 54.5% decrease year-over-year. Net sales also decreased by 5.1% to $22.1 million, primarily due to a rapid decline in green coffee prices and subsequent pricing pressures. Despite the challenging quarter, the company's CEO noted new business awards and anticipated increased profit margins from lower input costs, expressing confidence in maintaining profitability for the remainder of 2026.
Key Highlights
- Net income for Q2 2026 was $262,489 ($0.05 per share), down 59.2% from $644,055 ($0.11 per share) in Q2 2025.
- Net sales decreased 5.1% to $22,126,156 for Q2 2026, from $23,320,061 in Q2 2025.
- Gross profit fell by $243,104 to $3,487,068, with gross margin at 15.8% compared to 16.0% year-over-year.
- Operating expenses increased by $303,015 to $3,144,572 for the quarter.
- A 25% decline in green coffee commodity prices severely impacted profitability and sales volumes.
- Company secured substantial new business, expecting increased margins due to lower input costs.
- Plans to reduce inventories, believing historical high green coffee prices are now in the past.
- Management expects to maintain profitability for the balance of 2026.
Price Impact
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