Calavo Growers finalises fresh-cut sale [Yahoo! Finance]
Calavo Growers, Inc. (CVGW)
Last calavo growers, inc. earnings: 3/10 09:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.calavo.com/home/default.aspx
Company Research
Source: Yahoo! Finance
At the start of the year, the company said it was in talks – and had signed a letter of intent – to offload the assets to local peer F&S Fresh Foods for around $100m. On Friday, Calavo Growers said it had finalised the sale of the business for $83m “subject to various closing adjustments”. The fresh-cut assets are made up of “substantially” all of Calavo Growers' Prepared division, other than its guacamole business, which the company is keeping. Besides guacamole, the Prepared division comprised products including fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads, snacks and salsa sold to retail and foodservice customers. It also supplied avocado pulp sold to foodservice clients. Calavo Growers president and CEO Lee Cole said the deal “will allow us to focus on our core avocado and guacamole businesses”. He added: “The fresh-cut business will be in the very capable hands of F&S, a leader in the industry and one of our long-trusted co-packing partners.”
Show less
Read more
Impact Snapshot
Event Time:
CVGW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVGW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVGW alerts
High impacting Calavo Growers, Inc. news events
Weekly update
A roundup of the hottest topics
CVGW
News
- Calavo Growers Announces Release Date for Fourth Quarter and Full-Year 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Calavo Growers Announces Release Date for Fourth Quarter and Full-Year 2024 Financial ResultsGlobeNewswire
- With 66% ownership of the shares, Calavo Growers, Inc. (NASDAQ:CVGW) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Calavo Growers appoints James Snyder as CFO Nov. 15, 2024 9:12 AM ET By: Harsh Shukla , SA News Editor [Seeking Alpha]Seeking Alpha
- Calavo Growers, Inc. Announces CFO Change in Leadership [Yahoo! Finance]Yahoo! Finance
CVGW
Earnings
- 9/9/24 - Miss
CVGW
Sec Filings
- 12/19/24 - Form 3
- 12/13/24 - Form 10-K/A
- 11/22/24 - Form 8-K
- CVGW's page on the SEC website