Welcome to our dedicated page for Calavo Growers news (Ticker: CVGW), a resource for investors and traders seeking the latest updates and insights on Calavo Growers stock.
Calavo Growers, Inc. (CVGW) maintains leadership in fresh produce and value-added foods through strategic operations across global markets. This news hub provides investors and industry stakeholders with essential updates on corporate developments, financial performance, and market initiatives.
Access official press releases and third-party analysis covering earnings reports, supply chain updates, product innovations, and executive leadership changes. Our curated collection helps track CVGW's position in the avocado industry and prepared foods sector while monitoring competitive dynamics.
Key coverage areas include quarterly financial results, sustainability initiatives, distribution network expansions, and responses to agricultural market trends. Bookmark this page for real-time updates on operational milestones affecting Calavo's Grown and Prepared business segments.
Calavo Growers (NASDAQ:CVGW), a global leader in avocado and fresh produce distribution, reported Q3 2025 financial results with total net sales of $178.8 million, slightly down from the previous year. The company faced challenges in its Fresh segment, including a temporary FDA detention hold that resulted in $4.2 million in discrete costs.
The Fresh segment saw a 5% decrease in sales to $155.9 million, while the Prepared segment showed strong growth with a 40% increase to $22.9 million. Net income from continuing operations was $4.7 million ($0.26 per diluted share), compared to $5.4 million ($0.30 per diluted share) in the prior year. The company maintained strong liquidity with $63.8 million in cash and $114.3 million in available credit.
Calavo Growers (Nasdaq-GS: CVGW), a global leader in fresh avocado sourcing, packing, and distribution, as well as guacamole processing, has scheduled its fiscal third quarter 2025 financial results release. The company will announce its results for the quarter ended July 31, 2025, after market close on Tuesday, September 9, 2025.
Calavo Growers (NASDAQ: CVGW), a global leader in processing and distributing avocados, tomatoes, papayas, and guacamole, has announced it will release its fiscal second quarter 2025 financial results on Monday, June 9, 2025, after market close. The quarterly results will cover the period ended April 30, 2025.
Calavo Growers (Nasdaq-GS: CVGW), a global leader in the avocado industry and provider of value-added fresh food, has announced plans to provide a general business update following their 2025 annual shareholder meeting. The meeting is scheduled for April 23, 2025, at 1:00 p.m. Pacific Time.
Shareholders of record as of February 24, 2025 will be able to participate, vote, and submit questions during the virtual meeting through www.virtualshareholdermeeting.com/CVGW2025 using their 16-digit control number. Non-shareholders may attend as guests but won't have voting rights or the ability to ask questions.
Calavo Growers (CVGW) has announced a $25 million stock repurchase program authorized by its Board of Directors. The program, effective until March 18, 2027, demonstrates the company's confidence in its long-term strategy and financial position.
The repurchases can be executed through open-market transactions, privately negotiated deals, or Rule 10b5-1 trading plans. The timing, volume, and pricing will be determined by management based on market conditions, financial position, regulatory requirements, and strategic considerations.
According to CEO Lee Cole, the program reflects their commitment to shareholder value while maintaining flexibility for strategic growth initiatives and operational improvements, supported by their strong balance sheet and expected cash flow generation.
Calavo Growers (NASDAQ: CVGW) reported strong Q1 2025 financial results with total net sales of $154.4 million, up 21.0% year-over-year. The Fresh segment saw a 23.7% increase in sales, while Prepared segment remained flat.
Key highlights include:
- Gross profit increased 46.2% to $15.7 million
- Net income of $4.4 million ($0.25 per share) vs. net loss of $2.6 million year-over-year
- Adjusted EBITDA tripled to $9.3 million
- SG&A expenses decreased 23.6% to $10.3 million
The Fresh segment benefited from a 30.5% increase in average avocado prices, despite a 4.6% volume decline. The company declared a quarterly dividend of $0.20 per share and ended Q1 with $48.5 million in cash and $96.7 million in available liquidity.
Calavo Growers (NASDAQ: CVGW), a global leader in processing and distributing avocados, tomatoes, papayas, and guacamole, has announced plans to release its fiscal first quarter 2025 financial results. The results, covering the period ended January 31, 2025, will be released after market close on Wednesday, March 12, 2025.
Calavo Growers (Nasdaq-GS: CVGW) announced that its Board of Directors has elected Farha Aslam as its new Chair, effective immediately. Aslam, who is Managing Partner at Crescent House Capital, brings extensive experience in finance and agriculture sectors, having worked in the finance industry since 1996.
Steven Hollister, the outgoing Chair who has served on the Board since 2008, will remain as a Director. Aslam's background includes roles as Managing Director at Stephens Inc., where she led the Food and Agribusiness equity research team, and positions at Merrill Lynch and UBS.
The new Chair emphasized Calavo's strong position in the avocado industry, highlighting the company's relationships with growers and customers, assets, solid balance sheet, and committed team as key factors for future growth.