secwatch.observer — SEC 8-K summary
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Issuer:     COFFEE HOLDING CO INC (JVA)
CIK:        0001007019
Form:       8-K
Filed at:   2022-01-31T23:59:59+00:00
Accession:  0001493152-22-002664
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coffee Holding reports FY2021 EPS $0.22 vs loss $0.02; declares $0.07 special dividend
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- Net sales $63.9M, down 14% YoY; gross margin improved to 25% from 18%.
- EPS $0.22 vs loss $0.02 in FY2020; EBITDA ~$3.4M, adj. EBITDA ~$4.2M.
- Board approves $0.07/shr special dividend, payable Feb 21 to holders of record Feb 10.
- Steep & Brew shutdown resulted in ~$1.1M in charges ($0.17/shr) in Q4.
- Two class action lawsuits: one dismissed, one pending; legal costs ~$200K in FY2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007019/000149315222002664/0001493152-22-002664-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007019/000149315222002664/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-002664

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