Coffee Holding Co., Inc. reports third-best yearly performance in Company's twenty-year history of being a publicly-traded company.
STATEN ISLAND, New York, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (NASDAQ:JVA) (the "Company" or "we") announced its operating results for the fiscal year ended October 31, 2024: ●The Company is pleased to report extremely strong results to our shareholders: Net sales for fiscal 2024 increased 15% compared to fiscal 2023; ●Gross margins increased from 16% in fiscal 2023 to 20% in fiscal 2024; and ●Net income for fiscal 2024 was 0.39 per share, compared to a net loss of ($8 ...