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0.0673932584269663 0.0673932584269663 0.0673932584269663 0.0673932584269663 0.0673932584269663 -0.00898876404494383 -0.00674157303370792 -0.0112359550561797
Stock impact report

Coffee Holding Co., Inc. Reports Results for Three and Six Months Ended April 30, 2019

Coffee Holding Co., Inc. (JVA) 
US:NASDAQ Investor Relations: coffeeholding.com
Company Research Source: GlobeNewswire
STATEN ISLAND, June 19, 2019 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (Nasdaq: JVA) (the “Company” or “Coffee Holding Company”) today announced its operating results for the three months and six months ended April 30, 2019. Net Sales. Net sales totaled $20,716,491 for the three months ended April 30, 2019, a decrease of $1,477,407, or 7%, from $22,193,898 for the three months ended April 30, 2018. The decrease in net sales reflects the lower selling price of coffee during this quarter as well as a decrease in sales of approximately $2,000,000 to the Company’s former largest wholesale green coffee customer. Net sales totaled $44,350,299 for the six months ended April 30, 2019, an increase of $73,183 from $44,277,116 for the six months ended April 30, 2018. The increase in net sales reflects the continued integration of the Steep & Brew business into the Company’s sales mix as well as the Company’s increased sales of its branded and private label coffees, partially offset by a d Show less Read more
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