Coffee Holding Co., Inc. Reports Launch of New Single Cup Café Caribe Items
February 14 2019 - 09:15AM
Coffee Holding Co., Inc. (Nasdaq: JVA) (the “Company”) today
announced the launch of their new single cup Café Caribe items,
available in traditional Café Caribe brand and a bold dark
Colombian flavor profile.
“We are excited to add these two new products to
the most popular and bestselling brand within our portfolio,” said
Andrew Gordon, President and CEO of the Company. “Café Caribe is
our company’s flagship brand, satisfying the Latin consumer for
over 50 years. Our new single serve Café Caribe items will continue
to serve this same consumer along with those consumers who desire
the convenience of their own personal single serve espresso coffee.
We intend to market these products to our customers who currently
carry other Café Caribe items as well as marketing them for sale on
our company’s web store. We are excited to continue to grow our
Café Caribe brand and will continue to explore new opportunities to
capitalize on our brand’s increasingly strong position in the
Latino coffee market while adapting to the ever changing consumer
consumption patterns in our constantly evolving coffee space,”
continued Mr. Gordon.
About Coffee Holding
Coffee Holding Co., Inc. is a leading integrated
wholesale coffee roaster and dealer in the United States and one of
the few coffee companies that offers a broad array of coffee
products across the entire spectrum of consumer tastes, preferences
and price points. Coffee Holding has been a family-operated
business for three generations and has remained profitable through
varying cycles in the coffee industry and the economy. The
Company’s private label and branded coffee products are sold
throughout the United States, Canada and abroad to supermarkets,
wholesalers, and individually owned and multi-unit retail
customers.
Forward looking statements
Any statements that are not historical facts
contained in this release are “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995, including the Company’s outlook on the growth of Café
Caribe’s extended offerings and the Company’s expected annual
dividend. Forward-looking statements include statements with
respect to our beliefs, plans, objectives, goals, expectations,
anticipations, assumptions, estimates, intentions, and future
performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond our control, and which may cause
our actual results, performance or achievements to be materially
different from future results, performance or achievements
expressed or implied by such forward-looking statements. All
statements other than statements of historical fact are statements
that could be forward-looking statements. We have based these
forward-looking statements upon information available to management
as of the date of this release and management’s expectations and
projections about certain future events. It is possible that the
assumptions made by management for purposes of such statements may
not materialize. Such statements may involve risks and
uncertainties, including but not limited to those relating to
product demand, pricing, market acceptance, hedging activities, the
effect of economic conditions, intellectual property rights, the
outcome of competitive products, risks in product development, the
results of financing efforts, the ability to complete transactions,
the ability to pay the dividend for the fiscal year ending October
31, 2019 and other factors discussed from time to time in the
Company’s Securities and Exchange Commission filings. The Company
undertakes no obligation to update or revise any forward-looking
statement for events or circumstances after the date on which such
statement is made.
Company Contact Coffee Holding Co., Inc. Andrew
Gordon President & CEO 718-832-0800
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