Coffee Holding reveals shutdown of Comfort Foods production plant
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 07 2025
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Closure of Manufacturing Facility: Coffee Holding will close its Comfort Foods manufacturing facility in North Andover, Massachusetts, at the end of the month due to declining sales and profitability, particularly for the Harmony Bay product line.
Strategic Shift and Cost Savings: The company plans to consolidate production at its Second Empire facility in Port Chester, New York, which is expected to improve operational efficiencies and result in annual overhead savings of approximately $700,000.
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Analyst Views on JVA
About JVA
Coffee Holding Co., Inc. is an integrated wholesale coffee roaster and dealer located in the United States. The Company’s core products can be divided into three categories: Wholesale Green Coffee, Private Label Coffee and Branded Coffee. Wholesale Green Coffee is unroasted raw beans imported from around the world and sold to large and small roasters and coffee shop operators. Private Label Coffee is coffee roasted, blended, packaged and sold under the specifications and names of others, including supermarkets that want to have their own brand name on coffee to compete with national brands. Branded Coffee is a coffee roasted and blended to its own specifications and packaged and sold under its eight proprietary and licensed brand names in different segments of the market. Its private label and branded coffee products are sold throughout the United States and certain countries in Asia to supermarkets, wholesalers and individually owned and multi-unit retail customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Coffee Holding Reports FY 2023 Financial Results
- Financial Highlights: Coffee Holding reported a GAAP EPS of $0.25 for FY 2023, indicating stable profitability amidst market fluctuations.
- Revenue Performance: The company achieved revenue of $96.3 million, showcasing its strong market position in the coffee industry and providing funding for future investments.
- Shareholder Communication: During the shareholder and analyst call, management emphasized future growth strategies aimed at enhancing overall performance through supply chain optimization and market share expansion.
- Market Evaluation: According to Seeking Alpha's Quant Rating, Coffee Holding's financial performance is viewed as having investment appeal, reflecting market confidence in its future development.
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US December Core CPI Rises 2.6% YoY, Significant Food Price Increases
- Core CPI Data: The US December core Consumer Price Index rose 2.6% year-over-year, slightly below economists' expectations, indicating persistent inflationary pressures that could influence future monetary policy decisions.
- Food Price Increases: Food prices rose 3.1% year-over-year in December, with dining out prices up 4.1% and at-home food prices up 2.4%, directly impacting consumer spending and corporate profits.
- Beef Price Surge: Beef prices soared, with uncooked ground beef up 15.5%, roasts up 17.5%, and steaks up 17.8%, reflecting a combination of supply shortages and strong demand, with this trend expected to last for several years.
- Coffee Price Rise: Coffee prices increased by 19.8% year-over-year in December, and despite tariff relief in November, it remains unclear when retail prices will decline, potentially affecting the profitability of several coffee chain companies.
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