CVGW

SANTA PAULA, Calif., April 13, 2026 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW) (the “Company” or “Calavo”) a global leader in sourcing, packing and distribution of fresh avocados, tomatoes, papayas and processing of guacamole and other avocado products, previously announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company’s outstanding common stock. On April 13, 2026, the Board of Directors amended the record date for the previously declared dividend from April 1, 2026 to April 24, 2026. Except for the change in the record date, the dividend remains unchanged in all respects, including the amount of $0.20 per share and the payment date of April 29, 2026. The Company made this change in connection with Nasdaq notice requirements applicable to dividend actions. About Calavo Growers, Inc. Calavo Growers, Inc. (Nasdaq: CVGW) is a global leader in the processing and distribution of avocados, tomatoes, papayas and guacamole. Calavo products are sold under the trusted Calavo brand name, proprietary sub-brands, private label and store brands. Founded in 1924, Calavo has a rich culture of innovation, sustainable practices and market growth. The Company serves retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers worldwide. Calavo is headquartered in Santa Paula, California, with facilities throughout the U.S. and Mexico. Learn more about The Family of Fresh™ at calavo.com. Investor Contact Alex Villalta Senior Vice President Financial Profiles, Inc. [email protected] 310-622-8227

SANTA PAULA, Calif. (AP) — SANTA PAULA, Calif. (AP) — Calavo Growers Inc. (CVGW) on Thursday reported earnings of $732,000 in its fiscal first quarter. The Santa Paula, California-based company said it had net income of 4 cents per share. Earnings, adjusted for non-recurring costs, were 27 cents per share. The avocado grower posted revenue of $122.2 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVGW at https://www.zacks.com/ap/CVGW

SANTA PAULA, Calif., March 12, 2026 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW) (“Calavo” or the “Company”), a global leader in sourcing, packing and distribution of fresh avocados, tomatoes, papayas and processing of guacamole and other avocado products, today reported its financial results for the first fiscal quarter ended January 31, 2026. Comparison of First Quarter of Fiscal Year 2026 vs. Prior Year Period Total net sales were $122.2 million, compared to $154.4 million Gross profit was $15.2 million, compared to $15.7 million SG&A expense was $16.4 million, impacted by $7.2 million of non-recurring, primarily M&A-related expenses, compared to $10.3 million, impacted by $0.7 million of non-recurring expenses Net income of $0.7 million, compared to $4.4 million Adjusted net income of $4.8 million, or $0.27 per diluted share, compared to $6.3 million, or $0.35 per diluted share Adjusted EBITDA was $8.0 million, compared to $9.3 million Adjusted net income, Adjusted net income per diluted share, and Adjusted EBITDA are non-GAAP financial measures. See “Non-GAAP Financial Measures” at the end of this press release for additional information, definitions, and reconciliations to the most directly comparable GAAP financial measures. Management Commentary “Across the first fiscal quarter, we saw sequential improvement in both our Fresh and Prepared segments,” said B. John Lindeman, President and Chief Executive Officer of Calavo. “In Fresh, we executed well around seasonal demand, including Super Bowl-related retail opportunities, increasing sales volumes substantially over the prior year while maintaining solid per-unit margins in a pressured pricing environment. Our Prepared segment continued to demonstrate strong momentum in the quarter. Our quarterly sales volumes increased more than 20% over the prior year as our team successfully onboarded new customers, expanded several existing relationships, and benefited from the contribution of newer retail offerings. We also continued to manage SG&A expenses, which, when adjusted for M&A related expenses and other non-recurring expenses, were down over the prior year.” “Looking ahead to the second fiscal quarter, we expect volume growth across both segments and believe our scale, customer relationships, and margin discipline position us well to navigate a dynamic pricing environment. We anticipate the...

This article first appeared on GuruFocus. Release Date: March 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Mission Produce Inc (NASDAQ:AVO) reported a 14% growth in avocado volumes, demonstrating strong operational execution. The company expanded its gross margin by 190 basis points to 11.3%, despite a challenging pricing environment. Segment adjusted EBITDA for the marketing and distribution segment increased by 33%, driven by higher avocado volumes and improved per unit margins. The pending acquisition of Calavo Growers is expected to bring strategic synergies, including at least $25 million in annualized cost savings. Mission Produce Inc (NASDAQ:AVO) is actively developing a long-term capital allocation strategy that includes returning capital to shareholders, indicating a focus on shareholder value. Revenue for the first quarter of fiscal 2026 decreased by 17% due to a 30% decline in pricing, reflecting a challenging pricing environment. The blueberry segment experienced lower gross profit due to reduced per acre yields and higher per unit production costs. The company anticipates contraction in per unit margins for the second quarter due to a lower pricing environment and delayed California harvest season. SG&A expenses increased by 31%, driven by $7 million in transaction advisory costs related to the Calavo acquisition. Cash and cash equivalents decreased from $64.8 million to $44.8 million, reflecting higher working capital requirements and seasonality. Warning! GuruFocus has detected 7 Warning Signs with AVO. Is AVO fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide more details on the potential synergies from the Calavo acquisition and whether there could be more upside beyond the $25 million previously mentioned? A: John Pawlowski, President and COO, stated that they feel confident about the $25 million synergy estimate, which is based on core cost structure items and duplicative costs. They are optimistic about executing cost-related synergies quickly and see opportunities for growth and customer engagement in adjacent spaces. While he didn't provide further specifics, he emphasized confidence in achieving meaningful synergies beyond the initial estimate. Q: With the current lower pricing environment and higher supply, how will this affect your per unit...

Pending acquisition of Calavo Growers progressing; expected to close in the fiscal third quarter OXNARD, Calif., March 12, 2026 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or “the Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados, today reported its financial results for the fiscal first quarter ended January 31, 2026. Fiscal First Quarter 2026 Financial Overview: Total revenue of $278.6 million and achieved volume growth of 14% compared to the same period last year Net loss attributable to Mission Produce of $(0.7) million, or $(0.01) per diluted share, which includes the impact of transaction advisory costs of $7.0 million on a pretax basis, compared to income of $3.9 million, or $0.05 per diluted share, for the same period last year Adjusted net income increased 3% to $7.3 million, or $0.10 per diluted share as compared to $7.1 million, or $0.10 per diluted share, for the same period last year Adjusted EBITDA increased 5% to $18.5 million, compared to $17.7 million in the same period last year CEO Message Steve Barnard, CEO of Mission, stated, "We are off to a strong start in fiscal 2026, delivering 14% avocado volume growth and strong adjusted EBITDA results as industry pricing normalized from the elevated levels experienced over the past year. These results demonstrate our business model's resilience and our team's ability to execute consistently across market conditions. We're deepening customer relationships and expanding category penetration while focusing on the two levers that drive long-term value: volume growth and per-unit margin management. This approach delivered gross margin expansion in the quarter, reflecting ongoing optimization in our Marketing & Distribution segment and operational discipline across our platform." John Pawlowski, President and Chief Operating Officer and CEO-designate of Mission, stated, "We are also very excited about the progress we are making on our pending acquisition of Calavo Growers. This transaction represents a tremendous opportunity to expand our avocado platform, diversify our product portfolio, and enter the attractive prepared foods segment—all while unlocking at least $25 million in expected annual synergies. Integration planning is underway and we believe that the transaction is on track to close during the fiscal third quarter. Combined with the...

Fresh produce company Calavo Growers (NASDAQ:CVGW) will be reporting earnings this Thursday after the bell. Here’s what to expect. Calavo missed analysts’ revenue expectations last quarter, reporting revenues of $124.7 million, down 26.6% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ revenue estimates and a significant miss of analysts’ EBITDA estimates. Is Calavo a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Calavo’s revenue to decline 24.6% year on year, a reversal from the 21% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Calavo has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Calavo’s peers in the perishable food segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Fresh Del Monte Produce posted flat year-on-year revenue, beating analysts’ expectations by 0.7%, and Flowers Foods reported revenues up 11%, in line with consensus estimates. Fresh Del Monte Produce traded up 5% following the results while Flowers Foods was down 8.7%. Read our full analysis of Fresh Del Monte Produce’s results here and Flowers Foods’s results here. Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the perishable food stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.8% on average over the last month. Calavo is up 1.3% during the same time and is heading into earnings with an average analyst price target of $27 (compared to the current share price of $25.37). Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special...

SANTA PAULA, Calif., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in sourcing, packing and distribution of fresh avocados, tomatoes, papayas and processing of guacamole and other avocado products, today announced that it plans to release financial results for the fiscal first quarter ended January 31, 2026, and file its Form 10-Q after the market closes on Thursday, March 12, 2026. About Calavo Growers, Inc. Calavo Growers, Inc. (Nasdaq: CVGW) is a global leader in the processing and distribution of avocados, tomatoes, papayas and guacamole. Calavo products are sold under the trusted Calavo brand name, proprietary sub-brands, private label and store brands. Founded in 1924, Calavo has a rich culture of innovation, sustainable practices and market growth. The Company serves retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers worldwide. Calavo is headquartered in Santa Paula, California, with facilities throughout the U.S. and Mexico. Learn more about The Family of Fresh™ at calavo.com. Investor Contact Alex Villalta and Will Swett Financial Profiles, Inc. [email protected] 310-622-8236

Calavo currently trades at $25.38 per share and has shown little upside over the past six months, posting a small loss of 4.2%. The stock also fell short of the S&P 500’s 9.6% gain during that period. Is there a buying opportunity in Calavo, or does it present a risk to your portfolio? Dive into our full research report to see our analyst team’s opinion, it’s free. We're swiping left on Calavo for now. Here are three reasons why CVGW doesn't excite us and a stock we'd rather own. Examining a company’s long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Calavo struggled to consistently generate demand over the last three years as its sales dropped at a 18.3% annual rate. This was below our standards and signals it’s a low quality business. With $648.4 million in revenue over the past 12 months, Calavo is a small consumer staples company, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and negotiating leverage with retailers. At StockStory, we prefer high gross margin businesses because they indicate pricing power or differentiated products, giving the company a chance to generate higher operating profits. Calavo has bad unit economics for a consumer staples company, signaling it operates in a competitive market and lacks pricing power because its products can be substituted. As you can see below, it averaged a 10% gross margin over the last two years. Said differently, for every $100 in revenue, a chunky $89.97 went towards paying for raw materials, production of goods, transportation, and distribution. Calavo doesn’t pass our quality test. With its shares underperforming the market lately, the stock trades at 16.4× forward P/E (or $25.38 per share). This valuation tells us it’s a bit of a market darling with a lot of good news priced in - we think other companies feature superior fundamentals at the moment. We’d recommend looking at a dominant Aerospace business that has perfected its M&A strategy. Your portfolio can’t afford to be based on yesterday’s story. The risk in a handful of heavily crowded stocks is rising daily. The names generating the next wave of massive growth are right here in our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating ret...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Calavo (NASDAQ:CVGW) and the best and worst performers in the perishable food industry. The perishable food industry is diverse, encompassing large-scale producers and distributors to specialty and artisanal brands. These companies sell produce, dairy products, meats, and baked goods and have become integral to serving modern American consumers who prioritize freshness, quality, and nutritional value. Investing in perishable food stocks presents both opportunities and challenges. While the perishable nature of products can introduce risks related to supply chain management and shelf life, it also creates a constant demand driven by the necessity for fresh food. Companies that can efficiently manage inventory, distribution, and quality control are well-positioned to thrive in this competitive market. Navigating the perishable food industry requires adherence to strict food safety standards, regulations, and labeling requirements. The 12 perishable food stocks we track reported a satisfactory Q3. As a group, revenues along with next quarter’s revenue guidance were in line with analysts’ consensus estimates. Thankfully, share prices of the companies have been resilient as they are up 8.1% on average since the latest earnings results. A trailblazer in the avocado industry, Calavo Growers (NASDAQ:CVGW) is a pioneering California-based provider of high-quality avocados and other fresh food products. Calavo reported revenues of $124.7 million, down 26.6% year on year. This print fell short of analysts’ expectations by 15.7%. Overall, it was a disappointing quarter for the company with a significant miss of analysts’ revenue estimates and a significant miss of analysts’ EBITDA estimates. “Over the past century, the Calavo team has built this Company into a global leader in the processing and distribution of avocados, tomatoes, papayas, and guacamole,” said B. John Lindeman, President and Chief Executive Officer of Calavo Growers. Calavo delivered the weakest performance against analyst estimates and slowest revenue growth of the whole group. Interestingly, the stock is up 9.4% since reporting and currently trades at $24.71. Read our full report on Calavo here, it’s free. Founded in 1983 in California, Mission Pr...

Calavo Growers (CVGW) reported fiscal Q4 adjusted net income late Wednesday of $0.25 per diluted sha

SANTA PAULA, Calif. (AP) — SANTA PAULA, Calif. (AP) — Calavo Growers Inc. (CVGW) on Wednesday reported net income of $3.8 million in its fiscal fourth quarter. The Santa Paula, California-based company said it had profit of 21 cents per share. Earnings, adjusted for non-recurring costs, came to 25 cents per share. The avocado grower posted revenue of $124.7 million in the period. For the year, the company reported profit of $19.8 million, or $1.11 per share. Revenue was reported as $648.4 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVGW at https://www.zacks.com/ap/CVGW

Delivered Full Year 2025 Growth of +192% in Net Income from continuing operations, +42% in Adjusted Net Income from continuing operations and +12% in Adjusted EBITDA from continuing operations Announces Strategic Combination with Mission Produce, Inc. SANTA PAULA, Calif., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in sourcing, packing and distribution of fresh avocados, tomatoes, papayas and processing of guacamole and other avocado products, today reported its financial results for the fourth fiscal quarter and twelve-month period ended October 31, 2025. Comparison of Fourth Quarter 2025 vs. Prior Year Period Total net sales decreased to $124.7 million, compared to $170.0 million Gross profit was $11.6 million, impacted by $1.0 million of non-recurring costs, compared to $16.3 million Selling, general, and administrative “SG&A” expenses were $12.3 million, a decrease of 6% Net income (loss) from continuing operations of $3.8 million, compared to $(2.5) million Net income (loss) from continuing operations per diluted share of $0.21, compared to $(0.14) Adjusted net income from continuing operations increased 301% to $4.5 million, or $0.25 per diluted share, compared to $1.1 million, or $0.06 per diluted share Adjusted EBITDA from continuing operations decreased 24% to $5.0 million, compared to $6.6 million Comparison of Fiscal Year 2025 vs. Prior Year Period Total net sales decreased to $648.4 million, compared to $661.5 million Gross profit was $63.7 million, which includes impact of $6.1 million of non-recurring costs, compared to $67.8 million SG&A expenses were $42.1 million, a decrease of 16% Net income from continuing operations was up 192% to $20.0 million, compared to $6.8 million Net income from continuing operations per diluted share of $1.11, compared to $0.38 Adjusted net income from continuing operations increased 42% to $28.9 million, or $1.62 per diluted share, compared to $20.4 million, or $1.14 per diluted share Adjusted EBITDA from continuing operations increased 12% to $40.8 million, compared to $36.5 million Adjusted net income (loss) from continuing operations, adjusted net income (loss) from continuing operations per diluted share, and adjusted EBITDA from continuing operations are non-GAAP financial measures. See “Non-GAAP Financial Measures” at the end of this press release for additional...