Brief: Coffee Holding Co., Inc. Reports Results For Three And Nine Months Ended July 31, 2021

Coffee Holding

13/09/2021 21:09

Sept 13 (Reuters) - Coffee Holding Co Inc  JVA.O :
    * COFFEE HOLDING CO., INC. REPORTS RESULTS FOR THREE AND
NINE
MONTHS ENDED JULY 31, 2021
    * Q3 LOSS PER SHARE $0.02
    * Q3 SALES FELL 21.3 PERCENT TO $13.63 MILLION
    * BELIEVE RALLY IN COFFEE MARKET, WILL BE A MAJOR TAILWIND
FOR
SALES OF GREEN COFFEE IN Q4 AND FISCAL 2022
    * BELIEVE SALES FROM OUR CBD COFFEE ITEMS MAY BEGIN TO HAVE
A
POSITIVE IMPACT IN Q4
    * EXPECT TO BE IN POSITION TO DIVIDEND OUT 33% OF OUR NET
PROFITS
TO OUR EXISTING SHAREHOLDERS

Source text for Eikon:  ID:nGNX7T8q0N 
Further company coverage:  JVA.O 

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