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Coffee Holding Company Inc.: Drink The Coffee, All Of It


Coffee Holdings Co., Inc. (JVA): The coffee purveyor recently issued its third quarter results and expectations were not met, due to a hard fall in coffee futures, manifesting into a five year low, near the $95 mark. The good news is, since that cave-in, December futures have bounced back with vengeance, climbing nearly 20%, in a very short time. CEO Andy Gordon seemed mildly proud of the report, stating it was their fifth consecutive quarter of revenue gains (sales rose 30.4% to $23.4 million) and that once green coffee commodity prices begin to normalize, increased profits should be realized.

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