Calavo Growers, Inc. (CVGW) is a provider of fresh food. The Company is engaged in the marketing and distribution of avocados, prepared avocados and other perishable foods. It also delivers an array of fresh and prepared food products to food distributors, produce wholesalers, supermarkets, convenience stores and restaurants. The Company sorts, packs, and/or ripens avocados, tomatoes and/or Hawaiian grown papayas. The Company operates in three business segments: Fresh products, Calavo Foods and Renaissance Food Group, LLC (RFG). Its Fresh products segment is engaged in the distribution of avocados and other fresh produce products. Its Calavo Foods is engaged in the purchase, manufacturing, and distribution of prepared products, including guacamole, tortilla chips and salsa. The RFG segment is engaged in the manufacturing and distribution of fresh-cut fruit, ready-to-eat vegetables, recipe-ready vegetables and deli meat products.
Reported before open today (6/6/16) Earnings: EPS $0.56 Revenue $220.3M Estimates: EPS $0.49 Revenue $243M Up 12.13% today