Calavo Growers (CVGW) Misses Q3 EPS by 6c

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Go back to Calavo Growers (CVGW) Misses Q3 EPS by 6c

Calavo Growers, Inc. Announces Record Fiscal 2015 Third Quarter Results

September 3, 2015 9:01 AM EDT

Third Quarter Highlights Include:

Revenues and Gross Margins Reach New Historic Highs for Any Quarter in Company History; Paced by Growth in All Three Business Segments Net Income Equals $8.6 Million Which Exceeds Prior Year Net Income of $1.6 Million Gross Margin Reaches $24.3 Million, up 20.3 Percent from $20.2 Million; 120 Basis Point Improvement Year-over-Year Fresh Avocado Unit Volume Climbs 15 Percent

Year-To-Date Highlights Include:

Gross Margin Totals $65.1 Million, up 23.4 Percent from $52.7 Million CEO Cole Affirms... More