Detail akcie Calavo Growers online

Business Summary: Calavo Growers, Inc. is a provider of value-added fresh food in the avocado industry. The Company is engaged in marketing and distributing avocados, prepared avocados, and other perishable foods to retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers on a worldwide basis. It procures avocados from California, Mexico and other growing regions around the world. Through its various operating facilities, it sorts, packs, and/or ripens avocados, tomatoes and/or Hawaiian grown papayas, creates, process and packages a portfolio of healthy fresh foods, including fresh-cut fruit and vegetables, and prepares foods and process and package guacamole. The Grown segment consists of fresh avocados, tomatoes and papayas. The Prepared segment comprises all other products including fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, saladsand snacks, guacamole, and salsa sold at retail and food service, as well as avocado pulp sold to foodservice.
Financial Summary: BRIEF: For the three months ended 31 January 2024, Calavo Growers, Inc. revenues decreased 4% to $127.6M. Net loss before extraordinary items increased from $718K to $2.6M. Revenues reflect Grown segment decrease of 5% to $113.6M, Prepared segment decrease of 4% to $16.1M. Higher net loss reflects Selling, general and administrative increase of 16% to $13.5M (expense), Interest expense increase from $377K to $824K (expense).