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CALAVO GROWERS (CVGW)

Earnings summaries and quarterly performance for CALAVO GROWERS.

Recent press releases and 8-K filings for CVGW.

Calavo Growers, Inc. Announces Q3 2025 Financial Results
CVGW
Earnings
Legal Proceedings
Dividends
  • For the third fiscal quarter ended July 31, 2025, Calavo Growers, Inc. reported total net sales of $178.8 million, a decrease of less than one percent from the prior year, with net income from continuing operations of $4.7 million or $0.26 per diluted share. Adjusted net income was $10.2 million, or $0.57 per diluted share.
  • Gross profit for Q3 2025 was $18.2 million, a 9% decrease from the prior year, primarily due to approximately $4.2 million of discrete costs associated with a temporary FDA detention hold on certain avocado imports from Mexico.
  • The Prepared segment's net sales increased by 40% to $22.9 million and its gross profit increased by 201% to $5.8 million in Q3 2025, while the Fresh segment's sales decreased by 5% to $155.9 million and its gross profit decreased by 32% to $12.4 million.
  • The U.S. Department of Justice officially closed its FCPA inquiry related to operations in Mexico on September 2, 2025, and the FDA matter has also been resolved as of the same date.
  • The Board of Directors declared a quarterly cash dividend of $0.20 per share to be paid on October 31, 2025.
Sep 11, 2025, 9:23 PM