Calavo Growers soars after avocado margins impress in FQ2 [Seeking Alpha]
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: Seeking Alpha
The tomato portfolio was also noted to have improved both sequentially and compared to last year. The company also highlighted that it improved its guacamole business meaningfully through favorable input costs and operational efficiency. Revenue rose 16.5% year-over-year to $184.4 million. Grown segment sales increased 18.9% and prepared segment sales decreased 1.9%. Notably, the average selling price of avocados in the grown segment increased by 28% compared to a year ago. Adjusted net income was $8.9 million or $0.50 per diluted share vs. adjusted net income of $5.1 million last year, or $0.29 per diluted share. The company tallied adjusted EBITDA of $13.4 million, compared to $9.9 million for the same period last year. On the balance sheet, Calavo Growers ( CVGW ) ended the quarter with $48.5 million of net debt, which included $45.8 million of borrowings under its credit facility and $7.0 million of other long-term obligations and finance leases, less cash and cash equivalents
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 (NASDAQ:CVGW) Is Due To Pay A Dividend Of $0.10 [Yahoo! Finance]Yahoo! Finance
- Calavo Growers Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Calavo Growers, Inc. (NASDAQ: CVGW) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Calavo (NASDAQ:CVGW) Surprises With Q1 Sales, Stock Jumps 11.9% [Yahoo! Finance]Yahoo! Finance
- Calavo Growers, Inc. Announces Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
CVGW
Earnings
- 6/10/24 - Beat
CVGW
Sec Filings
- 6/21/24 - Form 4
- 6/10/24 - Form 10-Q
- 6/10/24 - Form 8-K
- CVGW's page on the SEC website