- 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)
Coffee Holding down 4.5% post Q3 results
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Symbol | Last Price | % Chg |
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JVA | - | - |
Coffee Holding Co., Inc. |