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By Staff Report / Tuesday, December 20th, 2016 / Agribusiness, Earnings, Latest news, Tri-County Public Companies / Comments Off on Calavo Growers reports record fourth quarter income
Calavo Growers, headquartered in Santa Paula, reported record fourth quarter revenues of $247.7 million and net income of $9.2 million, almost double its net income for the same period last year. Earnings climbed to 53 cents per diluted share for the quarter ended Oct. 31, compared to 28 cents for the fourth quarter 2015, bringing Read More →
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By Staff Report / Monday, December 19th, 2016 / Agribusiness, Latest news / Comments Off on Calavo Growers president resigning for job at FreshRealm
Santa Paula-based Calavo Growers President and Chief Operating Officer Kenneth Catchot will resign on Jan. 6 and be replaced by Lecil Cole, according to a Dec. 19 Securities and Exchange Commission filing. Catchot will take on a senior management position with FreshRealm, which Calavo holds a 46 percent ownership interest. FreshRealm is a Ventura-based company Read More →
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By Staff Report / Monday, June 6th, 2016 / Agribusiness, Earnings, Latest news, Tri-County Public Companies / Comments Off on Calavo Growers reports highest quarterly net income in company history
Calavo Growers had its highest quarterly net income and gross profits ever, the company announced in a second quarter earnings report June 6, with earnings per diluted share of 56 cents. That beat the average estimate of analysts surveyed by Zacks Investment Research, which was for earnings of 50 cents per share. The Santa Paula-based Read More →
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By Marissa Wenzke / Friday, March 6th, 2015 / Agribusiness, Columns, Latest news, Technology, Top Stories / Comments Off on Ag forum: Industry faces too much capital, not enough water
Industry insiders shed light on the evolution of the food industry in the midst of a record-setting drought, labor issues related to the Affordable Care Act and a need for fresher, faster food access.
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By Staff Report / Thursday, September 18th, 2014 / Agribusiness, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Calavo posts record Q3, launches FreshRealm
Calavo Growers reported record third-quarter earnings, shattering analyst expectations. The Santa Paula-based produce marketer earned $16 million, or $1.02 per share, in the third quarter, up from $6.4 million, or 43 cents per share, a year earlier. it said in Sept. 15 filings. On average, analysts had been expecting earnings of 46 cents per share, Read More →