secwatch.observer — SEC 8-K summary
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Issuer:     COFFEE HOLDING CO INC (JVA)
CIK:        0001007019
Form:       8-K
Filed at:   2021-09-13T23:59:59+00:00
Accession:  0001493152-21-022540
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coffee Holding Q3 net loss $0.02/shr; nine-month net income up to $0.16/shr
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- Net loss of $127K ($0.02/shr) for Q3 vs. net income of $391K ($0.07/shr) a year ago.
- Nine-month net income $907K ($0.16/shr), up from $290K ($0.05/shr) prior year.
- Q3 sales fell 21.3% to $13.6M, driven by 35% decline in Colorado facility output and Steep N Brew reorganization.
- Gross margin for Q3 was 21.5% vs. 22.1% prior year; higher packaging and green coffee costs cited.
- CEO expects green coffee rally and price increases to boost Q4; targets dividend of 33% of net profits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007019/000149315221022540/0001493152-21-022540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007019/000149315221022540/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-022540

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