Coffee Holding (JVA) Q3 2026 earnings summary

Executive summary

• Net sales for the quarter ended July 31, 2026, were $21.7M, down 9.3% year-over-year due to lower green coffee prices and promotional pricing.

• Gross profit for the quarter rose to $5.4M, up from $2.3M in the prior year, driven by favorable inventory, tariff refunds, and trading gains.

• Net income for the quarter was $2.0M ($0.35/share), reversing a net loss of $1.2M ($0.21/share) in the prior year period.

• For the nine months ended July 31, 2026, net sales rose 1.2% to $69.4M, with net income up sharply to $3.9M ($0.68/share) from $0.6M ($0.10/share) year-over-year.

Financial highlights

• Gross margin improved to 25.0% from 9.4% year-over-year.

• Operating expenses for the quarter were $3.1M, slightly lower than $3.4M in the prior year.

• Cash and cash equivalents increased to $2.9M at July 31, 2026, from $0.7M at October 31, 2025.

• Working capital improved to $25.5M from $22.6M at fiscal year-end.

• Stockholders’ equity increased to $31.0M from $27.6M at October 31, 2025.

Outlook and guidance

• Management expects to fund operations and meet obligations for at least the next twelve months through operating cash flow and credit facility.

• Management expects additional tariff refunds to enhance earnings over the next two quarters.

• Anticipates continued revenue, gross margin, and profitability growth into calendar 2027, supported by new business and stable pricing from national brands.

• No material changes to risk factors or critical accounting policies were reported.