Calavo Growers (CVGW) Posts Mixed Q1 Results

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Calavo Growers, Inc. Announces Fiscal 2016 First Quarter Record Results

March 8, 2016 9:01 AM EST

First Quarter Highlights Include:

Net Income Increases 19.8 Percent to $6.3 Million from $5.3 Million Last Year Diluted EPS Rise to 37 Cents Versus 31 Cents One Year Earlier Gross Margin Advances 17.9 Percent to $21.0 Million from $17.8 Million Revenues Expand to $204.6 Million, up from $194.8 Million in Prior Year CEO Cole Reaffirms Forecast for Record Revenues and EPS in Fiscal 2016

SANTA PAULA, Calif.--(BUSINESS WIRE)-- Calavo Growers, Inc. (Nasdaq-GS: CVGW) today reported record fiscal... More