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 →
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.
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 →
