Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. It operates in three segments: Fresh Products, Calavo Foods, and Renaissance Food Group (RFG). The Fresh products segment distributes avocados and other fresh produce products; and procures avocados grown in California, Mexico, and Peru, as well as various other commodities, including tomatoes and papayas. The Calavo Foods segment is involved in purchasing, manufacturing, and distributing prepared avocado products, including guacamole and salsa. The RFG segment manufactures and distributes fresh-cut fruits and vegetables, fresh prepared entrée salads, wraps, sandwiches, and fresh snacking products, as well as ready-to-heat entrees, other hot bar and various deli items, meals kits and related components, and salad kits. The company offers its products under the Calavo and RFG brands, and related logos; and Avo Fresco, Bueno, Calavo Gold, Calavo Salsa Lisa, Salsa Lisa, Celebrate the Taste, El Dorado, Fresh Ripe, Select, Taste of Paradise, The First Name in Avocados, Tico, Mfresh, Maui Fresh International, Triggered Avocados, ProRipeVIP, RIPE NOW!, Garden Highway Fresh Cut, Garden Highway, and Garden Highway Chef Essentials trademarks. Calavo Growers, Inc. was founded in 1924 and is headquartered in Santa Paula, California.
IPO Year:
Exchange: NASDAQ
Website: calavo.com
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
4 - CALAVO GROWERS INC (0001133470) (Issuer)
Lake Street resumed coverage of Calavo Growers with a rating of Buy and set a new price target of $85.00
Lake Street Capital reiterated coverage of Calavo Growers with a rating of and set a new price target of $73.00 from $62.00 previously
DA Davidson resumed coverage of Calavo Growers with a rating of Neutral and set a new price target of $84.00
Seaport Global Securities initiated coverage of Calavo Growers with a rating of Neutral
Seaport Global Securities initiated coverage of Calavo Growers with a rating of Neutral
8-K - CALAVO GROWERS INC (0001133470) (Filer)
10-Q - CALAVO GROWERS INC (0001133470) (Filer)
8-K - CALAVO GROWERS INC (0001133470) (Filer)
8-K - CALAVO GROWERS INC (0001133470) (Filer)
10-Q - CALAVO GROWERS INC (0001133470) (Filer)
8-K - CALAVO GROWERS INC (0001133470) (Filer)
8-K - CALAVO GROWERS INC (0001133470) (Filer)
8-K - CALAVO GROWERS INC (0001133470) (Filer)
DEFA14A - CALAVO GROWERS INC (0001133470) (Filer)
DEFA14A - CALAVO GROWERS INC (0001133470) (Filer)
SANTA PAULA, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the processing and distribution of avocados, tomatoes, papayas, and guacamole, today reported its financial results for the fiscal third quarter ended July 31, 2024. Third Quarter Financial Overview Introductory Note: In the first quarter of 2024, we concluded that the Fresh Cut (formerly RFG) business meets the requirements to be classified as held for sale and discontinued operations. As a result, the financial results of that business are reported as discontinued operations in this press release. The divestiture of the Fresh Cut business occurred on August 15, 2024. Prior
SANTA PAULA, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado industry, today announced that it will release financial results for the fiscal third quarter ended July 31, 2024, after the market closes on Monday, September 9. About Calavo Growers, Inc.Calavo Growers, Inc. (Nasdaq-GS: CVGW) is a global leader in high quality produce, including avocados, tomatoes and papayas. Calavo products are sold under the trusted Calavo brand name, proprietary sub-brands, private label and store brands. Founded in 1924, Calavo has a rich culture of innovation, sustainable practices and market growth. The Company serves retail grocery, foods
SANTA PAULA, Calif., June 10, 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 second quarter ended April 30, 2024. Second Quarter Financial Overview Introductory Note: In the first quarter of 2024, we concluded that the fresh cut (formerly RFG) business meets the requirements to be classified as held for sale and discontinued operations. As a result, the financial results of that business are reported as discontinued operations in this press release. Prior to the decision to divest our fresh cut business, the Company's Prepared report
SANTA PAULA, Calif., May 29, 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 second quarter ended April 30, 2024, after the market closes on Monday, June 10. About Calavo Growers, Inc. Calavo Growers, Inc. (NASDAQ:CVGW) is a global leader in high quality produce, including avocados, tomatoes and papayas, and a pioneer of healthy fresh-cut fruit, vegetables and prepared foods. Calavo products are sold under the trusted Calavo brand name, proprietary sub-brands, private label and store brands. Founded in 1924, Calavo has a rich culture
SANTA PAULA, Calif., April 25, 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, yesterday at its Annual Meeting of Shareholders said in a business update that: The Company has made significant progress toward completing the proposed sale of the Fresh Cut business (formerly "RFG") and related real property and expects to close in May 2024As previously shared, the expected uses of sale proceeds would include paying down debt and returning cash to shareholdersThe Company's internal investigation into potential Foreign Corrupt Practices Act violations in Mexico is wind
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 requirements to be classified as held for sale and discontinued operations. As a result, the financial results of that business are reported as discontinued operations in this press release. Prior to the decision to divest our fresh cut business, the Company's Prepared repor
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, and I am pleased with the progress we have made," said Lee E. Cole, President and Chief Executive Officer of Calavo Growers, Inc. "To dedicate more focus to our core and to maximize shareholder value, we have been exploring strategic alternatives for our Fresh Cut bus
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 millionPrepared segment net sales decreased 14% to $115.8 million Gross profit of $25.0 million, compared to $18.5 million for the prior year quarter Grown segment gross profit increased $9.6 million to $21.4 millionPrepared segment gross profit decreased $3.1 million
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 millionPrepared segment revenue decreased 14% year-over-year to $104.5 million Gross profit of $15.0 million, compared to $21.7 million for the year-ago quarter Grown segment gross profit decreased $5.6 million from prior year to $12.6 millionPrepared segment gross p
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, 2023. About Calavo Growers, Inc.Calavo Growers, Inc. (NASDAQ:CVGW) is a global leader in quality produce, including avocados, tomatoes and papayas, and a pioneer of healthy fresh-cut fruit, vegetables and prepared foods. Calavo products are sold under the trusted Calavo br
MOUNT LAUREL, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ:JJSF) (the "Company") today announced that Shawn Munsell has been named Chief Financial Officer of the Company, effective December 2, 2024. Mr. Munsell takes over the role from Ken Plunk, who is retiring and will support the transition until the end of the year. Mr. Munsell is a seasoned executive with over 15 years of finance and operating leadership experience at US publicly listed companies in food and agriculture. Most recently, he served as Chief Financial Officer at Calavo Growers (NASDAQ:CVGW), a global leader in avocados and prepared food products, where he oversaw the company's finance organizat
SANTA PAULA, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the processing and distribution of avocados, tomatoes, papayas, and guacamole, today announced that James Snyder will become the Company's new Chief Financial Officer effective December 2. Shawn Munsell, Calavo's current CFO will be departing the Company on November 29 to pursue a new opportunity. He will serve as a consultant to the Company in the month of December to ensure a smooth transition. "We are excited to welcome James back to Calavo," said Lee Cole, President and Chief Executive Officer of Calavo Growers, Inc. "James served the Company well for over 18 years as our
SHOEMAKERSVILLE, Pa., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (NASDAQ:HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture ("CEA"), today announced plans for a transition of its leadership team. As part of this plan, Bill Toler, the Company's Chairman and Chief Executive Officer (CEO), has announced that he will be retiring from his position as CEO and will become Executive Chairman of the Board of Hydrofarm, effective as of January 1, 2025. John Lindeman, currently Executive Vice President and Chief Financial Officer (CFO), will become CEO. Als
SANTA PAULA, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the processing and distribution of avocados, tomatoes, papayas, and guacamole, today reported its financial results for the fiscal third quarter ended July 31, 2024. Third Quarter Financial Overview Introductory Note: In the first quarter of 2024, we concluded that the Fresh Cut (formerly RFG) business meets the requirements to be classified as held for sale and discontinued operations. As a result, the financial results of that business are reported as discontinued operations in this press release. The divestiture of the Fresh Cut business occurred on August 15, 2024. Prior
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
SANTA PAULA, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado industry, today announced that it will release financial results for the fiscal third quarter ended July 31, 2024, after the market closes on Monday, September 9. About Calavo Growers, Inc.Calavo Growers, Inc. (Nasdaq-GS: CVGW) is a global leader in high quality produce, including avocados, tomatoes and papayas. Calavo products are sold under the trusted Calavo brand name, proprietary sub-brands, private label and store brands. Founded in 1924, Calavo has a rich culture of innovation, sustainable practices and market growth. The Company serves retail grocery, foods
USA News Group CommentaryIssued on behalf of Bee Vectoring Technologies International Inc. VANCOUVER, BC, Aug. 19, 2024 /PRNewswire/ -- USA News Group – A new commentary from the University of Guelph is sounding the alarm about our fragile food supply chain, that the authors claim was "built for a world that no longer exists". According to the UN World Food Program USA, hunger, famine, and rising food costs are happening around the world. Helping to meet today's food needs around the world, the World Economic Forum is applauding advancements in a vast and complex supply chain, pointing towards a global food market expected to be worth $9.12 trillion, growing at a CAGR of 6.7%. Among the grou
SANTA PAULA, Calif., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado industry, today announced that it completed the sale of its Fresh Cut business (formerly "RFG") and related real estate to F&S Fresh Foods of Vineland, New Jersey, on August 15 for $83 million, subject to various closing adjustments. "We are pleased to announce that the sale of our Fresh Cut business has been finalized, which will allow us to focus on our core avocado and guacamole businesses," said Lee Cole, President and Chief Executive Officer of Calavo Growers, Inc. "We would like to thank the team members of the Fresh Cut business for their hard work and years
SANTA PAULA, Calif., June 10, 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 second quarter ended April 30, 2024. Second Quarter Financial Overview Introductory Note: In the first quarter of 2024, we concluded that the fresh cut (formerly RFG) business meets the requirements to be classified as held for sale and discontinued operations. As a result, the financial results of that business are reported as discontinued operations in this press release. Prior to the decision to divest our fresh cut business, the Company's Prepared report
SANTA PAULA, Calif., June 04, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced the appointment of John Lindeman to its Board of Directors and Audit Committee, effective June 3, 2024. "We are excited to welcome John to our Board of Directors," said Steven Hollister, Chairman of the Board of Directors of Calavo Growers. "John has extensive experience in corporate finance, strategy, and leadership and has deep knowledge of Calavo and the avocado industry having served as Calavo's Chief Financial Officer for several years. We welcome John back to the organization and look forward to his insig
MOUNT LAUREL, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ:JJSF) (the "Company") today announced that Shawn Munsell has been named Chief Financial Officer of the Company, effective December 2, 2024. Mr. Munsell takes over the role from Ken Plunk, who is retiring and will support the transition until the end of the year. Mr. Munsell is a seasoned executive with over 15 years of finance and operating leadership experience at US publicly listed companies in food and agriculture. Most recently, he served as Chief Financial Officer at Calavo Growers (NASDAQ:CVGW), a global leader in avocados and prepared food products, where he oversaw the company's finance organizat
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
SANTA PAULA, Calif., June 04, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced the appointment of John Lindeman to its Board of Directors and Audit Committee, effective June 3, 2024. "We are excited to welcome John to our Board of Directors," said Steven Hollister, Chairman of the Board of Directors of Calavo Growers. "John has extensive experience in corporate finance, strategy, and leadership and has deep knowledge of Calavo and the avocado industry having served as Calavo's Chief Financial Officer for several years. We welcome John back to the organization and look forward to his insig
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 to a position of growth and shareholder value creation. Mr. Cole succeeds Brian W. Kocher, who has stepped down from his role. Mr. Cole served as Calavo's President and Chief Executive Officer from 1999 until his retirement on January 31, 2020. He served as a Director o
SANTA PAULA, Calif., Dec. 22, 2021 (GLOBE NEWSWIRE) -- 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 and Chief Executive Officer of Calavo Growers," said Calavo Chairman J. Link Leavens. "Brian's deep knowledge, expertise and operational leadership in the fresh produce industry as a CEO, COO and CFO make him uniq
SANTA PAULA, Calif., Nov. 17, 2021 (GLOBE NEWSWIRE) -- 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 Group President for Stanley Black & Decker Latin America, a role she has held since 2019. Prior to her current position, Mendizabal was with Nature's Sunshine Products from 2012 to 2019 where she was Business Unit
OMAHA, Neb., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) today announced the appointment of Farha Aslam to its Board of Directors (the "Board") as an independent director, effective Oct. 26, 2021. Ms. Aslam's appointment fills the vacancy created by the retirement of Gene Edwards from the Board in August 2021. Ms. Aslam is a leading expert in agribusiness, having covered the sector for more than two decades as an analyst for firms including Merrill Lynch & Co. and Stephens Inc. She is currently Managing Partner of Crescent House Capital, an advisory practice she founded that develops operating and investment strategies for companies, investors, and service providers
SANTA PAULA, Calif., Sept. 15, 2021 (GLOBE NEWSWIRE) -- 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 financial expertise and relevant industry background, including food production and agriculture, which make her highly qualified to assume the role of CFO. She is a proven senior financial leader, joining us most recen
SANTA PAULA, Calif., Sept. 08, 2021 (GLOBE NEWSWIRE) -- 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 of Interim CEO, Mr. Hollister will also serve as interim Chief Financial Officer until a new CFO is appointed, and Farha Aslam will return to her role as an independent director. Mr. Gibson will continue as an emplo
SANTA PAULA, Calif., June 17, 2021 (GLOBE NEWSWIRE) -- 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. Manion's successor. Mr. Manion will continue to work with the Company through his employment term, and thereafter as a consultant to ensure a smooth transition. "On behalf of Calavo, I want to thank Kevin for his c
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U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 100 points on Tuesday. The Dow traded down 0.39% to 38,718.00 while the NASDAQ rose 0.60% to 17,295.62. The S&P 500 also rose, gaining, 0.10% to 5,366.07. Check This Out: Alphabet To Rally Over 28%? Here Are 10 Top Analyst Forecasts For Tuesday Leading and Lagging SectorsInformation technology shares climbed by 1.3% on Tuesday. In trading on Tuesday, financials shares fell by 1.2%. Top Headline Shares of Calavo Growers, Inc. (NASDAQ:CVGW) rose more than 5% during Tuesday's session after the company reported second-quarter financial results. Total net sales surged 16.5% year-over
Shares of Contango Ore, Inc. (NYSE:CTGO) fell sharply during Tuesday's session after the company announced pricing of $15 million underwritten public offering. Contango Ore shares dipped 18.4% to $20.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Trio Petroleum Corp. (NYSE:TPET) shares jumped 88.2% to $0.4254 after the company completed its first two exploratory wells. Airship AI Holdings, Inc. (NASDAQ:AISP) shares climbed 32.5% to $4.1599. Airship AI announced a six-figure sole-source contract award within the Department of Justice for Acropolis Enterprise Video and Data Management Platform. Blue World Acquisition Corporation (NASDAQ
U.S. stocks were lower, with the Dow Jones index falling over 250 points on Tuesday. Shares of Shoals Technologies Group, Inc. (NASDAQ:SHLS) rose sharply during Monday's session after the company authorized a share repurchase program of up to $150 million and entered into a $25 million accelerated share repurchase agreement with Jefferies. Shoals Technologies Group shares climbed 10% to $7.49 on Tuesday. Here are some other big stocks recording gains in today’s session. Calavo Growers, Inc. (NASDAQ:CVGW) shares jumped 14.1% to $28.50 after the company reported second-quarter financial results. Olaplex Holdings, Inc. (NASDAQ:OLPX) jumped 8.9% to $1.8350. Corbus Pharmaceutic
Shares of Calavo Growers, Inc. (NASDAQ:CVGW) rose sharply in today's pre-market trading after the company reported second-quarter financial results. Total net sales surged 16.5% year-over-year to $184.4 million during the quarter. Adjusted net income surged to $8.9 million, or 50 cents per diluted share, from $5.1 million, or 29 cents per diluted share for the year-ago quarter. Calavo Growers shares jumped 11.6% to $27.90 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers ShiftPixy, Inc. (NASDAQ:PIXY) rose 41.1% to $2.06 in today's pre-market trading. Nauticus Robotics, Inc. (NASDAQ:KITT) shares rose 27.2% to $0.2938 in pre-
Calavo Growers (NASDAQ:CVGW) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.38 by 10.53 percent. This is a 3500 percent increase over losses of $(0.01) per share from the same period last year.
With U.S. stock futures trading mixed this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Calavo Growers, Inc. (NASDAQ:CVGW) to report quarterly earnings at 36 cents per share on revenue of $160.46 million after the closing bell, according to data from Benzinga Pro. Calavo Growers shares rose 0.4% to $25.50 in after-hours trading. Compass Minerals International, Inc. (NYSE:CMP) named Jeffrey Cathey as its new chief financial officer. Cathey joined the company in December 2023 as chief accounting officer. Compass Minerals shares slipped 1.4% to $13.20 in the after-hours trading session. Analysts are expecting FuelCell Ene
The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment, while the index remained in the “Neutral” zone on Friday. U.S. stocks settled mostly lower on Friday, following the release of stronger-than-expected jobs report. All the three major indices recorded gains last week, with the Dow Jones index gaining 0.29% and the S&P 500 rising around 1.32% during the week. On the economic data front, U.S. nonfarm payrolls increased by 272,000 in May, a slowdown from April’s 165,000 and far more than the 180,000 increase anticipated by Econoday. The unemployment rate inched higher from 3.9% to 4%. Average hourly earnings rose by 4.1% year-over-year, up from 3.9
With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Kohl's Corporation (NYSE:KSS) to report quarterly earnings at $1.28 per share on revenue of $5.70 billion before the opening bell, according to data from Benzinga Pro. Kohl's shares gained 0.2% to $27.25 in after-hours trading. Oracle Corp (NYSE:ORCL) reported upbeat earnings for its fiscal third quarter, while sales missed estimates. Oracle shares climbed 14.3% to $130.50 in the after-hours trading session. Analysts are expecting Archer-Daniels-Midland Company (NYSE:ADM) to have earned $1.43 per share on revenue of $23.64 billion fo