Coffee Holding Co., Inc. to Expand Partnership with Smart & Final
July 31 2018 - 9:00AM
Coffee Holding Co., Inc. (the “Company”) (NASDAQ:JVA) today
announced the extension of the Company’s partnership with Smart
& Final for all of their Private Label coffee products. Smart
& Final is an upscale chain of 260 stores in California with
another 63 Smart Foodservice Warehouse stores operating out
of Portland, Oregon.
“We are pleased to continue our mutually
beneficial partnership with Smart & Final,” said Andrew Gordon,
President and CEO of Coffee Holding Co., Inc. “We look forward to
continuing to build our respective businesses with Smart &
Final and developing new areas in which to sell product over the
next few years. Since the onset of our initial engagement back in
2016, we have now added a Private Label Cold Brew as well as our
Café Caribe Espresso coffee into their store sets and we believe we
can continue to build upon our mutually successful partnership in
the years to come,” 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 future margin performance and its share
repurchase program. 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, 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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