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

Calavo (CVGW) delivered earnings and revenue surprises of -55.56% and 5.63%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Calavo Growers (CVGW) Lags Q3 Earnings Estimates

Prepared segment delivers continued, sequential quarterly improvement Prepared segment delivers continued, sequential quarterly improvement

Calavo Growers, Inc. Announces Third Quarter 2022 Financial Results

Calavo (CVGW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Calavo Growers (CVGW) Reports Next Week: Wall Street Expects Earnings Growth

Campbell Soup

General Mills

Brown-Forman's (BF.B) Q1 results are likely to reflect gains from strong consumer demand, robust brand portfolio and growth across markets, offset by higher advertising expenses.

Here's Why Brown-Forman's (BF.B) Q1 Earnings Will Likely Beat

SANTA PAULA, Calif., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of value-added fresh food, announced official certification and opening of Jalisco packing facility for the American market.

Calavo Growers Announces Jalisco Facility Open for Exports to US

Calavo Growers is a leading distributor of avocados and other fruits in the US. The business suffered tremendously from COVID-19 supply chain disruptions, with the stock falling 70% from peak.

Calavo Growers: Turnaround In Place

Robert Wedin to Retire Following Outstanding Career in Avocado Industry Robert Wedin to Retire Following Outstanding Career in Avocado Industry

Calavo Growers, Inc. Names Danny Dumas to Lead Grown Segment

Archer-Daniels-Midland Company

Adecoagro

Corteva Inc

Yield10 Bioscience

The Agriculture - Operations industry shows potential on solid demand trends, organic product growth and innovation ability. Players like ADM, CTVA, YTEN, AGRO and CVGW have placed themselves well.

5 Stocks to Watch on Robust Agriculture Operations Industry Trends

SANTA PAULA, Calif., June 09, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that Shawn Munsell has been appointed Chief Financial Officer effective June 20.

Calavo Growers, Inc. Names Shawn Munsell CFO

Calavo Growers, Inc. (NASDAQ:CVGW ) Q2 2022 Earnings Conference Call June 2, 2022 5:00 PM ET Company Participants Julie Kegley - IR Brian Kocher - President and CEO Conference Call Participants Eric Larson - Seaport Research Mitch Pinheiro - Sturdivant and Company Ben Klieve - Lake Street Capital Markets Operator Good afternoon, and welcome to the Second Quarter 2022 Calavo Growers Earnings Conference Call and Webcast. All participants will be in listen-only mode.

Calavo Growers, Inc. (CVGW) CEO Brian Kocher on Q2 2022 Results - Earnings Call Transcript

Calavo (CVGW) delivered earnings and revenue surprises of 37.50% and 6.17%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

Calavo Growers (CVGW) Q2 Earnings and Revenues Surpass Estimates

SANTA PAULA, Calif., June 02, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the fiscal second quarter ended April 30, 2022.

Calavo Growers, Inc. Announces Second Quarter 2022 Financial Results

SANTA PAULA, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that Chief Financial Officer Mariela Matute will be leaving Calavo for a CFO role at another company. She will remain with Calavo through May 19, 2022 to assist with the transition.

Calavo Growers, Inc. Announces Departure of Chief Financial Officer

SANTA PAULA, Calif., April 14, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reminded shareholders that the Company will provide its shareholders with the capability to attend its 2022 annual shareholder meeting virtually. The meeting will consist only of the formal business portion, and the Company is offering the virtual alternative as a way for shareholders to have essentially the same meeting experience without attending in person.

Calavo Growers, Inc. Announces Virtual Access for its 2022 Annual Meeting of Shareholders

SANTA PAULA, Calif., April 13, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of value-added fresh food, today announced plans to reorganize its business to execute Project Uno integration efforts and better serve customers while improving efficiencies and cost savings.

Calavo Growers, Inc. Announces Business Reorganization

Calavo Growers, Inc. (CVGW) CEO Brian Kocher on Q1 2022 Results - Earnings Call Transcript

Calavo (CVGW) delivered earnings and revenue surprises of 0% and 9.60%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Calavo Growers (CVGW) Reports Q1 Loss, Tops Revenue Estimates

SANTA PAULA, Calif., March 14, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the first quarter ended January 31, 2022.

Calavo Growers, Inc. Announces First Quarter 2022 Financial Results

Calavo (CVGW) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Calavo (CVGW) Loses 16.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

SANTA PAULA, Calif., March 08, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced its first quarter 2022 earnings release and conference call has been rescheduled to allow additional time to complete its Quarterly Report on Form 10-Q.

Calavo Growers Announces Revised Date for First Quarter Financial Results

Alico

The Agriculture - Operations industry looks well-placed for growth, driven by the solid demand for healthy and organic products amid challenging supply-chain conditions and high input costs. Players like ADM, CTVA, AGRO, CVGW and ALCO have placed themselves well.

5 Stocks to Watch in a Prospering Agriculture Operations Industry

AppHarvest

Mission Produce

Beyond Meat

Local Bounti Corp

Laird Superfood

Oatly

Tattooed Chef

Plant-based products are fast becoming a popular alternative to regular meat and dairy products, with companies such as Tyson Foods TSN and Kellogg K entering the space. Restaurants and grocery stores are adopting the products, responding to the emerging trends of vegan diets.

8 Stocks To Play The Plant-Based Food Trend

Tyson Foods

Plant-based food stocks should see great success in the years ahead as the adoption of vegetarian lifestyles increases globally. The post Investment Opportunity Breakdown: Plant-Based Food Stocks appeared first on InvestorPlace.

Investment Opportunity Breakdown: Plant-Based Food Stocks

SANTA PAULA, Calif., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that Harold S. Edwards, a member of the Board of Directors since 2006, has decided to retire from the board effective Feb. 1, 2022, to devote more time to his duties as CEO of Limoneira Company.

Calavo Growers, Inc. Announces Board Member's Retirement

ABM Industries

Abbott Labs

Amgen

American Tower

Alexandria Real Estate Equities

AvalonBay Communities

Broadcom

Axis Capital

Baxter

Balchem

Flanigan's Enterprises

Franklin Resources

Bristol-Myers

Camden National

C.H. Robinson Worldwide

Culp

Ecolab

EastGroup Properties

Edison

Eastman Chemical

Ensign Group

Monthly update of the Dividend Champions List. 54 companies declared higher dividends in the past month, with an average increase of 8.71% over their previous payouts.

Dividend Champions For January 2022

News for Calavo Growers Stock (CVGW)