Coffee Holding Co., Inc. reports a 23% sales increase but lower net income for fiscal 2025, affected by tariffs and integration costs.
Quiver AI Summary
Coffee Holding Co., Inc. reported a 23% increase in sales to $96.3 million for the fiscal year ending October 31, 2025, despite facing challenges such as tariffs and consumer dissatisfaction with retail prices. The company's net income decreased to $0.25 per share from $0.39 in the prior year. A cash dividend of $0.08 per share is set to be distributed to shareholders. The company struggled with integration costs from its new Empire Coffee Company venture, which resulted in an over $1 million loss, and faced additional challenges leading to a $1 million negative cash balance. However, with the elimination of coffee import tariffs and the closure of a less efficient facility, Coffee Holding anticipates improved profitability and expanded gross margins in the upcoming fiscal year. The previously announced dividend will be paid to qualifying shareholders on or about February 26, 2026.
Potential Positives
- Sales increased by 23% to $96.3M compared to fiscal 2024, indicating strong revenue growth.
- Anticipated annualized cost savings of $750,000 to $1 million from the closure of the Comfort Foods facility, potentially improving profitability in fiscal 2026.
- Payment of a cash dividend of $0.08 per share to shareholders, demonstrating commitment to returning value to investors.
- Expectations for expanded gross margins in fiscal 2026 after eliminating tariff-related costs and integrating new operations.
Potential Negatives
- Net income decreased to $.25 per share from $.39 per share in fiscal 2024, indicating a decline in profitability despite increased sales.
- The integration of Empire Coffee Company led to an aggregate loss of over $1 million, suggesting difficulties in managing acquisitions.
- The company reported a negative cash balance of approximately $1 million due to tariff impacts, raising concerns about financial stability.
FAQ
What were Coffee Holding's sales for fiscal year 2025?
The company's sales for fiscal year 2025 were $96.3 million, reflecting a 23% increase compared to fiscal 2024.
What is the cash dividend per share announced by Coffee Holding?
Coffee Holding announced a cash dividend of $0.08 per share to be paid to shareholders.
How did tariffs impact Coffee Holding's net income?
Tariffs negatively affected Coffee Holding's net income, contributing to a cash balance decline of approximately $1 million in fiscal 2025.
What cost savings does Coffee Holding expect from the closure of Comfort Foods?
Coffee Holding anticipates annualized cost savings of between $750,000 to $1 million following the closure of Comfort Foods.
When will the dividend be paid to shareholders?
The dividend is set to be paid on or about February 26, 2026, to shareholders on record as of February 10, 2026.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$JVA Revenue
$JVA had revenues of $23.9M in Q3 2025. This is an increase of 27.09% from the same period in the prior year.
You can track JVA financials on Quiver Quantitative's JVA stock page.
$JVA Hedge Fund Activity
We have seen 16 institutional investors add shares of $JVA stock to their portfolio, and 15 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 70,460 shares (+inf%) to their portfolio in Q3 2025, for an estimated $322,002
- ROYAL BANK OF CANADA removed 52,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $237,640
- RENAISSANCE TECHNOLOGIES LLC added 34,172 shares (+8.3%) to their portfolio in Q3 2025, for an estimated $156,166
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 20,323 shares (-61.1%) from their portfolio in Q3 2025, for an estimated $92,876
- XTX TOPCO LTD removed 17,700 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $80,889
- OSAIC HOLDINGS, INC. removed 16,400 shares (-45.4%) from their portfolio in Q3 2025, for an estimated $74,948
- TWO SIGMA INVESTMENTS, LP added 15,711 shares (+53.8%) to their portfolio in Q3 2025, for an estimated $71,799
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
STATEN ISLAND, New York, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (Nasdaq: JVA) (the “Company,” “our” or “we”) announced its operating results for the fiscal year ended October 31, 2025.
We are pleased to report to our shareholders the following:
| ● | Sales of $96.3M, which is up 23% compared to fiscal 2024. | |
| ● | Net income of $.25 per share, compared to $.39 per share in fiscal 2024. | |
| ● | Cash dividend of $0.08 per share to be paid to shareholders. |
Although we successfully increased our revenues by 23% during a turbulent period of market volatility, tariffs and consumer unhappiness with higher retail prices, our net income was negatively affected for multiple reasons.
The impact of tariffs during the second half of fiscal 2025 resulted in a negative cash balance of approximately $1 million as we attempted to shield our largest wholesale and retail customers from these tariffs. Had these costs from tariffs been passed on, it would have increased our selling price to the end consumer and possibly made us uncompetitive compared to the national brands at store level.
Now, with the tariffs on coffee imports eliminated, we do not anticipate a repeat of this cost imbalance in fiscal 2026.
In addition to the tariffs, our first full year of integrating and operating our new venture, Empire Coffee Company, resulted in an aggregate loss of over $1 million. The integration of Empire Coffee Company through our subsidiary, Second Empire, LLC, was a disappointment as it took several months longer than expected to win back Empire Coffee Company’s customers and to set up and manufacture existing Coffee Holding products at the acquired facility.
With the closing of the Comfort Foods facility in October of 2025, we believe we will achieve the economies of scale from an operational and manufacturing standpoint that we envisioned when we decided to acquire the Empire Coffee facility.
The anticipated annualized cost savings of between $750,000 to $1 million that we expected to achieve by closing Comfort Foods should now hopefully be realized in fiscal 2026, improving the overall profitability of our company.
In addition to these cost savings, we do not expect a repeat of the additional costs associated with discontinuing operations at a subsidiary. These costs included inventory and receivables write downs as well as an impairment of the right to use assets associated with our lease in Massachusetts, which totaled approximately $350,000. These charges also had a one-time negative effect on year-end results.
In spite of all these headwinds we faced in fiscal 2025, our gross profit only declined by 1%.
Moving into fiscal 2026, we believe that without these headwinds faced during the previous fiscal year, we should see expanded gross margins on our retail and wholesale business, especially our flagship brand, Café Caribe.
Lastly, we will be paying our previously announced dividend on or about February 26, 2026 to shareholders of the Company who held shares as of February 10, 2026.
About Coffee Holding
Founded in 1971, Coffee Holding Co., Inc. (NASDAQ: JVA) is a leading integrated wholesale coffee roaster and dealer in the United States and one of the few coffee companies that offers a broad array of coffee products across the entire spectrum of consumer tastes, preferences and price points. Coffee Holding’s product offerings consist of eight proprietary brands, each targeting a different segment of the consumer coffee market as well as roasting and blending coffees for major wholesalers and retailers throughout the United States who want to have products under their own names to compete with national brands. In addition to selling roasted coffee, Coffee Holding also imports green coffee beans from around the world, which it resells to smaller regional roasters and coffee shops around the United States and Canada.
Forward looking statements
Any statements that are not historical facts contained in this release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including the Company’s outlook on the revenue growth. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. We have based these forward-looking statements upon information available to management as of the date of this release and management’s expectations and projections about certain future events. It is possible that the assumptions made by management for purposes of such statements may not materialize. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, hedging activities, the effect of economic conditions (including tariffs), intellectual property rights, the outcome of competitive products, the results of financing efforts, the ability to complete transactions and other risks and uncertainties described in the “Risk Factors” section of documents filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.
Company Contact
Coffee Holding Co., Inc.
Andrew Gordon
President & CEO
(718) 832-0800