February 23, 2024
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Avocado pricing hurts Calavo’s first quarter

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Calavo shares fell more than 17% in after-hours trading on March 6. (courtesy photo) Shares of Santa Paula-based Calavo have plummeted more than 20% since March 6, after the company badly missed analysts' expectations in the first quarter of 2023 due to “challenging market conditions in both the Grown and Prepared segments,” CEO Brian Kocher…

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