Coffee Holding Co. (JVA) returns to profitability with a 25% gross margin and improved cash flow, successfully repaying its credit line despite a 9.3% decline in quarterly revenue.
JVA reported a 25% gross margin, swung to profitability, generated strong operating cash flow, and fully repaid its credit line, supporting a near-term bullish outlook.
Coffee Holding Co. (JVA) reported a fiscal third-quarter turnaround, posting $1.99 million in net income compared to a prior-year loss. The company achieved a 25% gross margin driven by favorable inventory costs, tariff refunds, and trading gains, while successfully eliminating its revolving credit line debt.
The margin expansion to 25% was primarily driven by favorable inventory purchases, tariff refunds, and net trading gains from coffee futures and options.