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Coffee Holding down 4.5% post Q3 results

Sep. 14, 2018 12:18 PM ETCoffee Holding Co., Inc. (JVA) StockBy: Pranav Ghumatkar, SA News Editor3 Comments
  • Coffee Holding (NASDAQ:JVA -4.5%) reports Q3 revenue increase of 30.4% Y/Y to $23.44M.
  • Revenues would have been higher if not for the fact that the coffee market slipped to five-year lows.
  • Gross margin declined 90 bps to 16.2%.
  • Total operating expenses increased by $0.63M to $3.52M.
  • Without Steep & Brew, growth for organic sales was still 14.6% in the period.
  • Previously: Coffee Holding reports Q3 results (Sept. 14)

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