Core Viewpoint - Coffee Holding Co., Inc. reported a 23% increase in revenues for the fiscal year ended October 31, 2025, despite facing challenges such as tariffs and consumer dissatisfaction with higher retail prices, which negatively impacted net income [1][9]. Financial Performance - The company achieved sales of $96.3 million, reflecting a 23% increase compared to fiscal 2024 [9]. - Net income was reported at $0.25 per share, down from $0.39 per share in fiscal 2024 [9]. - A cash dividend of $0.08 per share is scheduled to be paid to shareholders [9]. Impact of Tariffs - The tariffs imposed during the second half of fiscal 2025 led to a negative cash balance of approximately $1 million as the company absorbed costs to protect its customers [2]. - With the elimination of tariffs on coffee imports, the company does not expect a recurrence of this cost imbalance in fiscal 2026 [3]. Integration of Empire Coffee Company - The integration of Empire Coffee Company resulted in an aggregate loss of over $1 million, taking longer than expected to regain customers and set up manufacturing [4]. - The closure of the Comfort Foods facility is anticipated to yield annualized cost savings of between $750,000 to $1 million, which should enhance profitability in fiscal 2026 [5]. Cost Management - The company does not expect to incur additional costs related to the discontinuation of operations at a subsidiary, which previously included inventory and receivables write-downs totaling approximately $350,000 [6]. - Despite various challenges, gross profit only declined by 1% during fiscal 2025 [6]. Future Outlook - Moving into fiscal 2026, the company anticipates expanded gross margins in its retail and wholesale business, particularly for its flagship brand, Café Caribe [7].

Core Viewpoint - Coffee Holding Co. is closing its Comfort Foods manufacturing facility in Massachusetts due to declining sales of its Harmony Bay brand, shifting production to its New York plant to improve efficiencies and reduce costs [1][4]. Group 1: Company Operations - The Comfort Foods site was acquired in 2017 as part of Coffee Holding's takeover of Comfort Foods [2]. - The company also acquired Empire Coffee Company in November 2022, indicating a strategy to expand its operations on the East Coast [2]. - The transfer of production to the New York site is expected to enhance manufacturing and logistical efficiencies, positively impacting profitability [4]. Group 2: Sales and Financial Performance - Coffee Holding reported a 27% increase in revenue for the fiscal third quarter ending July 31, with net sales rising to $23.9 million from $18.8 million year-over-year [4][5]. - Despite revenue growth, the company faced a net loss of $1.2 million for the quarter, primarily due to a $2.2 million negative impact from derivative positions [5]. - The decline in sales for the Harmony Bay product line is attributed to reduced shelf space for regional brands in major supermarket chains, affecting overall profitability [3].