Calavo Growers (CVGW) Misses Q4 EPS by 17c

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Go back to Calavo Growers (CVGW) Misses Q4 EPS by 17c

Calavo Growers, Inc. Announces Fiscal 2015 Fourth Quarter and Full-Year Results

December 29, 2015 9:00 AM EST

Fourth Quarter Highlights Include:

Fresh Avocado Unit Volume Rises 22 Percent Renaissance Food Group, LLC (RFG) Sales Rise 12 Percent; Gross Margin Increases 41.8 Percent to $7.2 Million from $5.0 Million; 194 Basis Point Rise in Gross Margin Percentage Calavo Foods Gross Margin Climbs to $5.2 Million, up 90 percent from $2.8 Million

Full-Year Highlights Include:

Record Revenues of $856.8 Million Versus $782.5 Million Last Year Gross Margin Reaches All-Time High of $85.2 Million from $71.2 Million Diluted EPS Climbs to Record $1.57 from $0.01 Per Share Last Year (Including RFG... More