Brief: Coffee Holding Co reports Q3 earnings per share of $0.01

Coffee Holding

13/09/2017 14:26

Sept 13 (Reuters) - Coffee Holding Co Inc  JVA.O  
    * Coffee Holding Co reports results for three and nine 
months ended July 31, 2017 and announces stock repurchase 
program 
    * Q3 earnings per share $0.01 
    * Q3 sales rose 3.6 percent to $17.98 million 
    * Coffee Holding Co Inc - intends to fund share repurchase 
program with available cash and from future cash flow from 
operations 
    * Coffee Holding Co - board approved share buyback program 
after which co may repurchase up to $2 million in value of 
outstanding common stock 
    * Coffee Holding Co Inc - company may repurchase up to $2 
million in value of its outstanding common stock, par value, 
$0.001 per share 
    * Coffee Holding Co Inc - once integration of Comfort Foods 
is completed, co expects to return to a profitable position 
 
Source text for Eikon:  ID:nMKW5dwVQa  
Further company coverage:  JVA.O  
 
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