secwatch.observer — SEC 8-K summary
======================================

Issuer:     COFFEE HOLDING CO INC (JVA)
CIK:        0001007019
Form:       8-K
Filed at:   2022-09-14T23:59:59+00:00
Accession:  0001493152-22-025871
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coffee Holding Q3 net sales up 25% to $17.0M; net income of $132K vs prior-year loss
--------------------------------------------------------------------------------

- Net sales $17.0M (+24.8% YoY) driven by legacy customers and new accounts.
- Gross margin fell to 18.5% from 21.5% due to higher green coffee and packaging costs.
- Net income $132K ($0.02 EPS) vs net loss of $127K ($0.02 loss) in Q3 2021.
- CEO cites freight headwinds of ~$500K (~$0.10/share) weighing on profitability.
- Generations/Steep & Brew subsidiary revenue down ~$5.5M over first nine months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007019/000149315222025871/0001493152-22-025871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007019/000149315222025871/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-025871

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer