Calavo Growers (CVGW) Tops Q3 EPS by 14c

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

September 7, 2016 9:02 AM EDT

Third Quarter Highlights Include:

Revenues, Gross Margin and Net Income Reach New Historic Highs Net Income Climbs 47.5 Percent to $12.7 Million from $8.6 Million Last Year Diluted EPS Rises to 73 Cents Versus 50 Cents in the Prior Year Gross Margin Jumps 34.5 Percent to $32.6 Million from $24.3 Million RFG Segment Revenues Advance 15 Percent to $90.7 Million, up from $79.2 Million Last Year

Year-To-Date Highlights Include:

Net Income Rises 28.4 Percent to $28.8 Million from $22.4 Million in Prior Year Diluted EPS Equals... More