Coffee Holding Co's Q3 net sales dip on lower prices

Coffee Holding

11/09/2026 14:11

Overview
US wholesale coffee roaster's fiscal Q3 net sales fell 9% yr/yr due to lower coffee prices
Gross profit and net income rose, aided by favorable inventory, tariff refunds, and trading gains
Company expects additional tariff refunds to enhance earnings over next two quarters

Outlook
Company expects additional tariff refunds to enhance earnings over the next two qtrs
Coffee Holding sees continued volatility in green coffee market impacting operations
Company believes it is positioned to grow revenue, gross margins and profitability through 2026 and into 2027

Result Drivers
LOWER COFFEE PRICES - Co said net sales declined due to a sustained drop in green coffee prices, leading to reduced prices and promotions for wholesale customers
FAVORABLE INVENTORY & TRADING GAINS - Gross profit rose due to inventory acquired at lower prices and a net gain on trading activity
TARIFF REFUNDS - Tariff refunds recognized during the quarter contributed to improved profitability

Company press release: ID:nGNX2fZdJ2

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Sales
 
$21.70 mln
 
Q3 EPS
 
$0.35
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)