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Calavo Q3 profits up 109%

By   /  Wednesday, September 5th, 2012  /  Latest news  /  Comments Off on Calavo Q3 profits up 109%

[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”05-03-2012″ enddate=”05-09-2012″ width=”300″ height=”245″] Santa Paula-based Calavo Growers reported Sept. 5 that its third-quarter profits have more than doubled since the same period last year, largely thanks to high avocado volume and good results from its packaged food segment. The avocado marketer and distributor said its earnings for the third Read More →

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Calavo reports strong Q2 earnings despite Mexican tax expense

By   /  Monday, June 4th, 2012  /  Latest news  /  Comments Off on Calavo reports strong Q2 earnings despite Mexican tax expense

[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”04-12-2011″ enddate=”04-06-2012″ width=”300″ height=”245″] Avocado marketer Calavo Growers reported that second-quarter earnings nearly doubled since the same period last year, before taking into account an unanticipated multimillion-dollar tax expense. For the three months ended April 30, net income before the tax item rose 84 percent to $4.4 million, equal to Read More →

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Calavo plans $200M capital raise to prep for acquisitions

By   /  Friday, April 13th, 2012  /  Agribusiness, Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo plans $200M capital raise to prep for acquisitions

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Latest

Calavo to raise up to $200M

By   /  Thursday, April 5th, 2012  /  Agribusiness, Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Calavo to raise up to $200M

Avocado marketer Calavo Growers said April 6 that it plans to raise up to $200 million in fresh capital by offering a mix of common stock and warrants for sale. The Santa Paula-based company said in regulatory filings that it would offer a combination of shares of common stock and warrants to raise the funds. Read More →

Latest

Calavo Q1 earnings up 16%

By   /  Monday, March 5th, 2012  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Q1 earnings up 16%

Avocado marketer Calavo Growers reported March 5 that first-quarter profits were up 16 percent to $2.7 million as revenues climbed almost a third to $117.4 million. The Santa Paula-based company said the first-quarter results set the stage for a potentially record-breaking year for the firm, which last year made a major acquisition of Renaissance Food Read More →

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Calavo Growers’ Q3 profits bruised

By   /  Wednesday, September 7th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Growers’ Q3 profits bruised

Food marketer Calavo Growers saw earnings slide 54.4 percent to $2.7 million, or 18 cents per diluted share, despite higher revenues in the third quarter, it said Sept. 7. Its profits were constrained by high fruit costs in its fresh foods segment and a smaller supply of fresh avocadoes, it said, although sales jumped 44 Read More →

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Blockbuster business deals heat up region

By   /  Friday, June 3rd, 2011  /  Columns, Opinion  /  Comments Off on Blockbuster business deals heat up region

Last year, it was Gerald Ford of Texas who led the way as investors poured something like $700 million of new capital into the region’s banking system.