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Financial Results | Calavo Growers 2025 Q1 Revenue USD 154.39 Million Net Income USD 4.44 Million
ByAinvest
Thursday, Mar 13, 2025 12:00 am ET1min read
Calavo Growers(CVGW) posted the Q1 of its 2025 financial results on 3/12/2025, reporting total revenue of USD 154.39 million in the first quarter, up 20.99% from USD 127.61 million year over year, reporting net income of USD 4.44 million in the first quarter, compare with the net income of USD -6.26 million in the same period last year. The EPS is USD 0.25 in the frist quater, compare with USD -0.35 last period.
[Detailed Data]
| Million USD | Q1 2025 | Q4 2024 | Q3 2024 | Q4 2024 |
|---|---|---|---|---|
| Total Revenue | 154.39 | 169.96 | 179.60 | 169.96 |
| Cost of Sales | 138.66 | 153.67 | 159.50 | 153.67 |
| Gross Profit | 15.73 | 16.29 | 20.09 | 16.29 |
| Total Operating Expenses | 10.05 | 12.53 | 11.57 | 12.53 |
| Operating Income | 5.68 | 3.76 | 8.53 | 3.76 |
| Net Income | 4.44 | -0.10 | -0.76 | -0.10 |
| Net Income Attributable to Common Shareholders | 4.42 | -0.14 | -0.73 | -0.14 |
| EPS(USD) | 0.25 | -0.06 | -0.04 | -0.06 |
[Company Profile]
Calavo Growers, Inc.,founded in 1924 to market California avocados, is a global leader in the avocado industry and an expanding provider of value-added fresh food.The company's expertise in marketing and distributing avocados, prepared avocados, and other perishable foods allows it to deliver a wide array of fresh and prepared food products to food distributors, produce wholesalers, supermarkets, convenience stores, and restaurants on a worldwide basis.The company procures avocados principally from California, Mexico, and Chile. Through the various operating facilities, the company sorts, packs, and/or ripens avocados, tomatoes and/or Hawaiian grown papayas. Additionally, the company also produces salsa and prepares ready-to-eat produce and deli products. The company distributes the products both domestically and internationally and report the operations in three different business segments: Fresh products, Calavo Foods and RFG.
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