Coffee Holding Co., Inc. manufactures, roasts, packages, markets, and distributes roasted and blended coffees in the United States, Canada, Australia, England, and China. The company offers wholesale green coffee products, which include unroasted raw beans of approximately 90 varieties that are sold to large, medium, and small roasters, as well as to coffee shop operators. It also roasts, blends, packages, and sells coffee under private labels. As of October 31, 2015, the company supplied private label coffee under approximately 38 labels to wholesalers and retailers in cans, brick packages, and instants of various sizes. In addition, it roasts, blends, and packages branded coffee under the company brand labels to supermarkets, wholesalers, and individually owned and multi-unit retail customers. Further, the company offers trial-sized mini-brick coffee packages, specialty instant coffees, instant cappuccinos, and tea products, as well as provides an equipment program for customers. Its coffee brands include Cafe Caribe, Don Manuel, S&W, Cafe Supremo, Via Roma, and IL CLASSICO. The company was founded in 1971 and is headquartered in Staten Island, New York.
JVA Q2 report Q2 EPS $0.14 vs. ($0.33) last year. Net sales -29% to $21,406,939, reflecting lower coffee prices during the quarter and reduced wholesale transactions with Keurig Green Mountain, Inc. of ~$8,158,000. Gross profit as a percentage of net sales increased to 15.5% for the three months ended April 30, 2016 from (3.6%) for the three months ended April 30, 2015, due to improved margins on our wholesale and roasted business as well as a decrease in losses quarter to quarter on our hedging operations. "sales of our flagship brand, Caf Caribe, continue to increase in both existing and new markets, including our anticipated initial roll-out by Wal-Mart at an expected 400 stores later this month as well as an expected additional roll-out by a large regional supermarket chain at an expected 200 stores later this summer."
