SANTA PAULA, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reminded shareholders that the Company will provide its shareholders with the capability to attend its 2024 annual shareholder meeting (the “Annual Meeting”) virtually. The Annual Meeting will consist of a formal... Read More

SANTA PAULA, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal first quarter ended January 31, 2024. First Quarter Financial Overview Introductory Note: In the first quarter of 2024, we concluded that the fresh cut (formerly RFG) business meets the... Read More

SANTA PAULA, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fiscal first quarter ended January 31, 2024, after the market closes on Monday, March 11. About Calavo Growers, Inc. Calavo Growers, Inc. (Nasdaq: CVGW) is a global leader in quality produce,... Read More

SANTA PAULA, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal fourth quarter and fiscal year ended October 31, 2023. Fourth Quarter Financial Overview Total net sales of $241.2 million, a 1.0% decrease from the prior year quarter Grown segment net sales... Read More

SANTA PAULA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that it is exploring a sale of its Fresh Cut Business (formerly “RFG”) to F&S Fresh Foods. “Since I returned to Calavo as CEO in March, we have renewed our focus on our core avocado and guacamole businesses to maximize profitability,... Read More

SANTA PAULA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), today announced that it will file a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission with regard to its Annual Report on Form 10-K (the “Form 10-K”) for the fiscal year ended October 31, 2023. Form 12b-25 will allow the Company an automatic extension of fifteen additional calendar days to file... Read More

SANTA PAULA, Calif., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fiscal fourth quarter and 2023 fiscal year ended Oct. 31, 2023, after the market closes on Tuesday, January 16. Under SEC rules, the Company is required to determine its filer status for its Form 10-K as... Read More

SANTA PAULA, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal third quarter ended July 31, 2023. Third Quarter Financial Overview Total net sales of $259.9 million, a 24% decrease from the prior year quarter Grown segment net sales decreased 30% to $144.5... Read More

SANTA PAULA, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fiscal third quarter ended July 31, 2023 after the market closes on Wednesday, Sept. 6. About Calavo Growers, Inc. Calavo Growers, Inc. (Nasdaq: CVGW) is a global leader in quality produce, including... Read More

SANTA PAULA, Calif., June 06, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal second quarter ended April 30, 2023. Second Quarter Financial Overview Total revenue of $244.7 million, a 26% decline from prior year Grown segment revenue decreased 33% year-over-year to $140.7... Read More

SANTA PAULA, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fiscal second quarter ended April 30, 2023 after the market closes on Tuesday, June 6. The Company will not be hosting a conference call. About Calavo Growers, Inc. Calavo Growers, Inc. (Nasdaq: CVGW) is... Read More

SANTA PAULA, Calif., April 12, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reminded shareholders that the Company will provide its shareholders with the capability to attend its 2023 annual shareholder meeting virtually. The meeting will consist only of the formal business portion, and the... Read More

SANTA PAULA, Calif., March 14, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that its board of directors declared a quarterly cash dividend on its common stock of $0.10 per share. The dividend will be paid on April 6, 2023, to Calavo Grower’s shareholders of record as of the close of business on March 24,... Read More

SANTA PAULA, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that Lee E. Cole is returning to lead Calavo as President and Chief Executive Officer, effective immediately. Mr. Cole has agreed to lead the Company for three years with the goal of returning the company... Read More

SANTA PAULA, Calif., March 06, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal first quarter ended January 31, 2023. First Quarter Financial Overview Total revenue of $226.2 million, an 18% decline from prior year Grown segment revenue decreased 27% year-over-year to... Read More

SANTA PAULA, Calif., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fiscal first quarter ended January 31, 2023 after the market closes on Monday, March 6. A conference call and audio webcast with analysts and investors will be held that afternoon at 5:00 p.m. Eastern... Read More

SANTA PAULA, Calif., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal fourth quarter and fiscal year ended October 31, 2022. Fourth Quarter Financial Overview Total revenue of $243.6 million, an 11% decline from prior year Grown segment revenue declined 20%... Read More

SANTA PAULA, Calif., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced its new sustainability strategy and 2030 goals. Built on four pillars, Climate Action, Social Responsibility, Sustainable Agriculture and Sound Governance, the company's strategy is designed to focus the company's efforts on the... Read More

SANTA PAULA, Calif., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fiscal fourth quarter ended October 31, 2022 after the market closes on Tuesday, December 20. A conference call and audio webcast with analysts and investors will be held that afternoon at 5:00 p.m.... Read More

Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced it will participate in the upcoming Stephens Annual Investment Conference in Nashville, Tenn. on Thursday, Nov. 17, 2022. Calavo’s President and Chief Executive Officer Brian Kocher and Chief Financial Officer Shawn Munsell will take part in a fireside chat at 9 a.m. ET. The presentation can be viewed... Read More

Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of value-added fresh food, announced that it will begin declaring and paying dividends on a quarterly basis rather than annually as has been its practice. Calavo’s Board of Directors declared a quarterly dividend of $0.2875 payable on December 14, 2022 for shareholders of record as of the close of business on November 16, 2022. “Our move to a... Read More

In 2021, Calavo joined the 10x20x30 initiative, a groundbreaking effort to bring together the world's largest food retailers and providers, each engaging at least 20 suppliers to halve food loss and waste by 2030. Our "Target-Measure-Act" approach includes a target of reducing food loss and waste in our own operations by 50%;... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the fiscal third quarter ended July 31, 2022. Note: Third quarter results are presented under new reporting segments, Grown and Prepared. Grown consists of the former Fresh segment while Prepared consists of the former RFG and Foods segments, each of which are now divisions... Read More

Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of value-added fresh food, announced official certification and opening of Jalisco packing facility for the American market. The demand for avocados is growing year-over-year not only in the US but also internationally. Calavo has been supplying customers with this heart healthy fruit for nearly 100 years. What started as a collaboration of... Read More

Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that Helen Kurtz has been named Senior Vice President & General Manager of Calavo Prepared, the company’s prepared foods segment. Ms. Kurtz is a veteran of the food industry with more than 25 years of experience, primarily with General Mills Inc. and, most recently, serving as SVP, Chief Marketing... Read More

Calavo Growers, Inc. (Nasdaq: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fiscal third quarter ended July 31, 2022 after the market closes on Thursday, September 1. A conference call and audio webcast with analysts and investors will be held that afternoon at 5:00 p.m. Eastern Time/2:00 p.m. Pacific Time to discuss the results and... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that Danny Dumas has been named Senior Vice President & General Manager Calavo Grown, filling the role held by Robert Wedin who is retiring after 49 years with Calavo. Mr. Dumas is a veteran of the produce industry with more than 30 years of experience, primarily with Del Monte Fresh Produce and,... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that Shawn Munsell has been appointed Chief Financial Officer effective June 20. Prior to joining Calavo, Mr. Munsell led the finance and accounting functions for Tyson Foods’ chicken segment, with... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the fiscal second quarter ended April 30, 2022. Second Quarter Financial Overview Delivered sequential improvement from the first quarter to the second quarter 2022: Gross profit improved by $8.5 million; Net loss improved by $3.9 million, or $0.22 per diluted share;... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fiscal second quarter ended April 30, 2022 after the market closes on Thursday, June 2. A conference call and audio webcast with analysts and investors will be held that afternoon at 5:00 p.m. Eastern Time/2:00 p.m. Pacific Time to discuss the results and... Read More

Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that Chief Financial Officer Mariela Matute will be leaving Calavo for a CFO role at another company. She will remain with Calavo through May 19, 2022 to assist with the transition. Calavo’s President and Chief Executive Officer Brian W. Kocher, whose experience includes... Read More

Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reminded shareholders that the Company will provide its shareholders with the capability to attend its 2022 annual shareholder meeting virtually. The meeting will consist only of the formal business portion, and the Company is offering the virtual alternative as a way for shareholders... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of value-added fresh food, today announced plans to reorganize its business to execute Project Uno integration efforts and better serve customers while improving efficiencies and cost savings. The Company is now organized into two reporting segments, Grown and Prepared. The Grown segment will consist of fresh... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the first quarter ended January 31, 2022. First Quarter Financial Overview Total revenue of $274.1 million, a 24% increase from the year-ago quarter. Fresh segment revenue increased 41% year-over-year to $162.6 million, and Renaissance Food Group (RFG) and Foods segments... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced its first quarter 2022 earnings release and conference call has been rescheduled to allow additional time to complete its Quarterly Report on Form 10-Q. Calavo will now release financial results for the first quarter ended January 31, 2022 after the market closes on Monday, March 14. A conference call... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the first quarter ended January 31, 2022 after the market closes on Wednesday, March 9. A conference call and audio webcast with analysts and investors will be held that afternoon at 5:00 p.m. Eastern Time/2:00 p.m. Pacific Time to discuss the results and... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that Harold S. Edwards, a member of the Board of Directors since 2006, has decided to retire from the board effective Feb. 1, 2022, to devote more time to his duties as CEO of Limoneira Company. “We appreciate Harold and his 16 years of service to Calavo and to the board. His contributions have... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced it has appointed Brian W. Kocher as President and Chief Executive Officer of the company effective Feb. 1, 2022. “After conducting a thorough search, including interviews with several well qualified candidates, Brian Kocher was the clear choice of our Board of Directors to become the next President... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the fourth quarter and fiscal year ended October 31, 2021. Fourth Quarter Financial Overview Total revenue of $273.4 million, a 17% increase from the year-ago quarter. Fresh segment revenue increased 26% year-over-year to $149.8 million, and Renaissance Food Group (RFG) and... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the fourth quarter and fiscal year ended Oct. 31, 2021, after the market closes on Monday, Dec. 20, 2021. A conference call and audio webcast with analysts and investors will be held that afternoon at 5:00 p.m. Eastern Time/2:00 p.m. Pacific Time, to discuss... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW) (“Calavo” “Company”), a global avocado-industry leader and provider of value-added fresh food, today announced the appointment of Adriana G. Mendizabal to its Board of Directors, effective December 1, 2021. Mendizabal has a career spanning more than 30 years leading successful business turnarounds and transformations and igniting new businesses to achieve sustainable growth. She is... Read More

Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that its board of directors has declared an annual cash dividend on its common stock of $1.15 per share. The dividend will be paid on December 3, 2021, to Calavo Growers’ shareholders of record as of the close of business on November 12, 2021. “Calavo has paid an annual cash... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that Graciela Montgomery will join the Company as its first Chief Human Resources Officer, effective October 11, 2021. In this role, Ms. Montgomery will oversee human resources, training, talent development and recruitment for Calavo, which has nearly 4,000 employees across the U.S. and in Mexico. Ms.... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that Mariela Matute has been appointed Chief Financial Officer, effective October 11, 2021. “We are excited to welcome Mariela Matute as an integral member of our management team,” said Steven Hollister, interim Chief Executive Officer of Calavo Growers. “Mariela has an impressive combination of... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the third quarter ended July 31, 2021. Third Quarter Highlights Total revenue of $285.0 million, a 5% increase from the year-ago quarter. Fresh segment revenue was flat year-over-year, and Renaissance Food Group (“RFG”) and Foods segments revenues increased 14% and 12%... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that James Gibson will retire as Chief Executive Officer, effective September 9, 2021. Steven Hollister, a member of Calavo’s Board of Directors since 2008, will assume the role of Interim CEO. The Board has engaged an executive search firm to identify Mr. Gibson’s successor. In addition to his role... Read More

SANTA PAULA, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, announced today that after an initial review of its third quarter 2021 operating results, the Company now expects revenue to be between $275 million and $285 million, near the low end of its previously announced range, while adjusted EBITDA (a non-GAAP... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced the publication of its third annual sustainability report providing an overview of the Company’s commitment to sustainability, social responsibility and governance, and highlighting progress made over the last year. In the report, Calavo’s Chief Executive Officer James E. Gibson reflects on how the... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that Kevin Manion, Chief Financial Officer (CFO), will be departing the Company effective July 16, 2021. Farha Aslam, a financial expert serving on Calavo’s Board of Directors, will assume the CFO role on an interim basis. The Company has engaged an executive search firm to identify candidates as Mr.... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the second quarter ended April 30, 2021. Second Quarter Highlights Total revenue of $276.8 million, at the high end of guidance and indicating a return to pre-pandemic results. Fresh segment revenue decreased 5%, due primarily to 9% growth in avocado volume, offset by a 10%... Read More

Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced participation in the following virtual conferences in June 2021: Baird 2021 Global Consumer, Technology & Services Conference on Thursday, June 10 Jefferies 2021 Consumer Conference on Tuesday, June 22 Management will be available for one-on-ones and small group meetings during... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the second quarter ended April 30, 2021, after the market closes on Tuesday, June 8, 2021. A conference call and audio webcast with analysts and investors will be held that afternoon at 5:00 p.m. Eastern Time/2:00 p.m. Pacific Time, to discuss the results and... Read More

Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today reminded shareholders that due to continued public health concerns related to the spread of COVID-19, the Company will provide its shareholders with the capability to attend its 2021 annual shareholder meeting virtually. The meeting will consist only of the formal business portion and the... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the first quarter ended January 31, 2021. First Quarter Highlights Total revenue of $220.6 million, a 19% decrease year over year, reflecting 2% growth in avocado volume offset by lower avocado prices and lower revenue in the Renaissance Food Group (“RFG”) and Foods... Read More

Calavo Growers, Inc . (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that its Chief Executive Officer Jim Gibson and Chief Financial Officer Kevin Manion will participate in the following virtual conferences in March 2021: D.A. Davidson 4 th Annual Consumer Growth Conference on Thursday, March 11 33 rd Annual Roth Conference on Tuesday, March 16... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release financial results for the first quarter ended January 31, 2021, after the market closes on Wednesday, March 10, 2021. A conference call and audio webcast with analysts and investors will be held at 5:00 p.m. Eastern Time/2:00 p.m. Pacific Time, to discuss the results and answer... Read More

Calavo Growers, Inc. (Nasdaq-GS: CVGW) (“Calavo” “Company”), a global leader in the avocado and value-added fresh food industries, today announced that Lecil E. Cole has notified the Company of his decision to step down from Calavo’s Board of Directors effective March 1, 2021. Before his retirement in early 2020, Mr. Cole had led the board as Chairman since 1989, and had served as Calavo’s President and Chief Executive... Read More