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Stock Market & Financial Investment News

News Breaks
January 3, 2013
09:09 EDTCVGWCalavo Growers CEO sees "record net income and per-share results in fiscal 2013"
Calavo CEO Lee E.Cole stated that “the company begins fiscal 2013 with considerable operating momentum at its back. The same factors which powered our strong performance in the recently concluded year continue unabated and, in fact, are even showing early signs of accelerating. As a result of the growing velocity in our businesses, I am confident that Calavo will register record net income and per-share results in fiscal 2013.”
News For CVGW From The Last 14 Days
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January 15, 2015
15:51 EDTCVGWCalavo Growers to delay filing Form 10-K
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09:06 EDTCVGWCalavo Growers says began FY15 'with all indicators pointing affirmatively'
With respect to Calavo Foods, the company said that the unit’s operating performance “is trending strong,” with certain economies of scale and efficiencies resulting from sales growth, sound production management and beneficial raw ingredient costs. We are seeing fruit costs moderate and margins returning toward historical levels. Additionally, the 15% increase in segment revenues in FY14—with sales climbing in both the retail and foodservice categories— "leaves us confident about prospects for future growth, with revenue and gross profit pegged to expand by double digits in FY15.”
09:05 EDTCVGWCalavo Growers reports Q4 EPS 38c ex-items, consensus 45c
Reports Q4 revenue $200.7M, consensus $198.44M.

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