Coffee Holding Co., Inc. JVA today announced its operating results for the three months ended January 31, 2011. In this release, the Company:
Reports net sales of $25,641,093 for the three months ended January 31, 2011 and $21,359,151 for the three months ended January 31, 2010;
Reports sales growth of 20% for the three months ended January 31, 2011 compared to the three months ended January 31, 2010; and
Reports net income of $1,041,072, or $0.19 per share (basic and diluted), for the three months ended January 31, 2011 compared to net income of $557,978, or $0.10 per share (basic and diluted), for the three months ended January 31, 2010.
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