Calavo Growers

Calavo Growers, Inc. engages in the marketing and distribution of avocados, prepared avocado products, and other perishable foods. It operates through the Grown and Prepared segments. The Grown segment consists of fresh avocados, tomatoes, and papayas. The Prepared segment includes all other products including fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads and snacks, guacamole, and salsa. The company was founded in 1924 and is headquartered in Santa Paula, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Calavo Growers faces avocado price challenges but focuses on growth

Calavo Growers navigated challenging market conditions with a focus on growth initiatives and cost management to drive future profitability.
Despite short-term challenges, the company remains committed to making steady improvements and capitalizing on growth opportunities in key segments.
Strategic decisions to exit noncore businesses, launch new products, and invest in sales talent position Calavo for long-term success and revenue growth.
Continuous emphasis on efficiency, volume growth, and sales distribution underscores Calavo's commitment to driving earnings growth and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NEW YORK , Feb. 8, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Calavo Growers, Inc. (NASDAQ: CVGW) resulting from allegations that Calavo may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Calavo's securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

CVGW INVESTOR NOTICE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Calavo Growers, Inc. Investors to Inquire About Securities Class Action Investigation - CVGW

NEW YORK , Feb. 7, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Calavo Growers, Inc. ("Calavo" or the "Company") (NASDAQ: CVGW). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calavo Growers, Inc.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Calavo Growers, Inc. (“Calavo” or the “Company”) (NASDAQ: CVGW) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Calavo investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities la.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Calavo Growers, Inc. (CVGW) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Calavo Growers, Inc. (“Calavo” or the “Company”) (NASDAQ: CVGW) investors concerning the Company's possible violations of federal securities laws. On January 16, 2024, Calavo disclosed that it would be unable to file its 2023 Annual Report on time due to “certain matters” relating to the Company's operations in Mexico that the Company determined “merited enhanced evaluation.” On this news, Cal.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Calavo Growers, Inc. (CVGW) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Calavo Growers, Inc. (“Calavo” or the “Company”) (NASDAQ: CVGW) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On January 16, 2024, Calavo disclosed that it would be unable to file its 2023 Annual Report on time due to “certain matters” relating to the Company's operations in Mexico.

The Law Offices of Frank R. Cruz Announces Investigation of Calavo Growers, Inc. (CVGW) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)---- $CVGW #ClassActionLawsuit--The law firm of Kirby McInerney LLP is investigating potential claims against Calavo Growers, Inc, (“Calavo” or the “Company”) (NASDAQ: CVGW). The investigation concerns whether Calavo and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here for more information about the investigation] On January 17, 2024, Calavo disclosed in a press release that it would file a Form 12b-25 Notification.

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Calavo Growers, Inc. (CVGW)

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Calavo Growers, Inc. (NASDAQ: CVGW) resulting from allegations that Calavo may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Calavo's securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Calavo Growers, Inc. Investors to Inquire About Securities Class Action Investigation – CVGW

Calavo reported declines on the top and bottom lines. Gross margin in its grown segment improved.

Why Calavo Growers Stock Was Falling Today

SANTA PAULA, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal fourth quarter and fiscal year ended October 31, 2023.

Calavo Growers, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results

Calavo Growers delayed its financial report as it further investigates some of its numbers. The company could sell one part of its business to boost profitability.

Why Calavo Growers Stock Dropped Today

SANTA PAULA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that it is exploring a sale of its Fresh Cut Business (formerly “RFG”) to F&S Fresh Foods.

Calavo Growers Evaluating Potential Sale of Its Fresh Cut Business (formerly “RFG”); Declares Quarterly Dividend

SANTA PAULA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), today announced that it will file a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission with regard to its Annual Report on Form 10-K (the “Form 10-K”) for the fiscal year ended October 31, 2023.

Calavo Growers Delays Release of its Fourth Quarter and Fiscal Year 2023 Financial Results

Disney

Lyft

Disney is getting back to building, and its streaming business should soon be profitable. Lyft is on the verge of GAAP profitability and introducing new growth drivers.

3 Top Stocks Poised for a Comeback in 2024

Calavo was a longtime outperformer, but the stock has fallen in recent years. The return of Lee Cole to the CEO chair should help drive the stock higher.

Tired of Overpaying for Avocados? This Is the Growth Stock for You

SANTA PAULA, Calif., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fiscal fourth quarter and 2023 fiscal year ended Oct. 31, 2023, after the market closes on Tuesday, January 16.

Calavo Announces Earnings Release Date for Fourth Quarter and Fiscal Year End Results

Calavo Growers specializes in avocados, which are in increasing demand. The company had a consistent history of returning value to dividend investors.

Bargain Hunting? This Dividend Stock Has a Lot to Prove Before It Is a Buy Again.

Planet Green Holdings Corp

Spectrum Brands Hlds

Upexi Inc

22nd Century Group

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Top 5 Risk Off Stocks Which Could Rescue Your Portfolio This Month - Planet Green Holdings (AMEX:PLAG), Calavo Growers (NASDAQ:CVGW)

The consensus price target hints at a 49.6% upside potential for Calavo (CVGW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 49.55% Upside in Calavo (CVGW): Here's What You Should Know

Calavo Growers recently posted Q3 FY23 results, with a decline in net sales but an increase in gross profit and income. The stock price dropped over 14% on Friday, presenting a buying opportunity as it is now at a strong multiyear support level. Despite the decline in sales, the positive outlook, high demand for avocados, and attractive valuation make investing in CVGW rewarding.

Calavo Growers: Investors Should Not Panic

Calavo reappointed a former CEO to restart a multi-year turnaround process, signaling a focus on improving the avocado business. Q3/F23 showed improved gross margins in the avocado business, but sustainability remains uncertain. Investors appear to have already factored in a return to historic profitability in their valuations of Calavo shares. I believe more caution is warranted.

Calavo Growers: Restarting Turnaround From Scratch

Revenue for Calavo Growers is plunging, in part due to lower prices for avocados. Nevertheless, the company's profitability is improving, which underscores the operational changes made by its new leadership.

Why Calavo Growers Stock Took Off on Thursday

SANTA PAULA, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal third quarter ended July 31, 2023.

Calavo Growers, Inc. Announces Third Quarter 2023 Financial Results

Both the CEO and a director are buying shares of Calavo Growers stock with their own money. The business has been hurt recently by lower avocado prices, but management thinks things are about to get better.

Calavo Growers Stock Soared This Week as Insiders Gobbled Up Shares

Investors need to pay close attention to Calavo Growers (CVGW) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Calavo Growers (CVGW) Stock?

Calavo Growers, a company dedicated to the packaging and sale of agricultural products, mainly avocado and papaya, may grow due to the international growth of the avocado market and further investments in capacity, headcount growth, and recent reorganization. Despite a challenging 2023, both management and market analysts appear optimistic about the future, with expectations of net sales reaching $1.161 billion and a net income of about $43 million in 2025. Risks include supply chain issues, changing consumer preferences, and client concentration, but Calavo appears undervalued with significant upside potential.

News for Calavo Growers Stock (CVGW)