Calavo Growers (CVGW) Reports Q4 EPS of $0.29

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Calavo Growers, Inc. Announces Fiscal 2018 Fourth Quarter and Full-Year Results

December 20, 2018 9:00 AM EST

 Fourth Quarter Highlights Include:

Revenues Increased to $280.0 Million from $277.2 Million Avocado Unit Volume Rose More Than 50 Percent RFG Segment Posted Higher Sales, Gross Profit Increased by 26 Percent Calavo Foods Segment Posted Higher Sales, 193 Percent Increase in Gross Profit

Full-Year Highlights Include:

Revenues Reached $1.1 Billion, Slightly Edging Prior-Year Record Net Income Totaled $32.3 Million; Adjusted Net Income(1) Rose 15 Percent to a Record $43.7 Million Diluted EPS Equaled $1.84; Adjusted Diluted EPS(1) Reached $2.49a New All-Time High

Looking Forward for Fiscal Year... More