secwatch.observer — SEC 8-K summary
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Issuer:     COFFEE HOLDING CO INC (JVA)
CIK:        0001007019
Form:       8-K
Filed at:   2022-06-14T23:59:59+00:00
Accession:  0001493152-22-016768
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 Q2 net sales up 14% but records net loss of $0.06 per share on Steep N Brew losses
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- Net sales $16.5M, up 14% YoY; net loss $368K vs net income $357K last year.
- Gross margin fell to 12.1% from 26.1%; $718K inventory write-off at Steep N Brew.
- Operating loss at Generations/Steep N Brew division $508K (net of tax) or $0.09 per share.
- CEO plans restructuring of Steep N Brew; focus on green coffee and private label.
- EPS $(0.06) basic/diluted vs $0.06 prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007019/000149315222016768/0001493152-22-016768-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007019/000149315222016768/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-016768

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