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Calavo Growers, Inc.

Calavo Growers, Inc.

NASDAQ•CVGW
CEO: Mr. Lecil E. Cole
Sector: Consumer Defensive
Industry: Food Distribution
Listing Date: 2002-07-22
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 through Grown and Prepared segments. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Prepared segment is involved in the distribution of prepared avocado products, salsa, fresh-cut fruit and vegetables, fresh prepared entrees salads, wraps, sandwiches, parfaits, and fresh snacking products, as well as ready-to-heat entrees, other hot bars and various deli items, meals kit components, and salad kits. It offers its products under the Calavo brands and related logos; and Avo Fresco, Bueno, Avo Fresco, Bueno, Calavo Gold, Celebrate the Taste, El Dorado, Taste of Paradise, The First Name in Avocados, The Family of Fresh, ProRipeVIP, RIPE NOW!, Renaissance Food Group, 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.
Contact Information
1141-A Cummings Road, Santa Paula, CA, 93060, United States
805-525-1245
www.calavo.com
Market Cap
$390.35M
P/E (TTM)
19.7
28.8
Dividend Yield
3.7%
52W High
$28.72
52W Low
$18.40
52W Range
34%
Rank37Top 25.8%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$178.82M-0.43%
4-Quarter Trend

EPS

$0.49-1292.21%
4-Quarter Trend

FCF

$7.32M-35.18%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Sales Growth Total net sales reached $523.753M for nine months, marking 7% growth over prior period, driven by pricing.
Quarterly Profitability Reversal Net income attributable to Calavo was $4.714M for Q3 2025, reversing prior period's $732K net loss.
Strong Operating Cash Flow Cash provided by operating activities totaled $19.234M for nine months, up significantly from $13.583M last year.
Prepared Segment Sales Surge Prepared segment net sales increased 40% to $22.971M in Q3 2025, driven by volume expansion across markets.

Risk Factors

FDA Detention Hold Costs Q3 results impacted by $4.2M in discrete costs from FDA detention hold on certain Mexican avocado imports.
Tomato Sales Volume Drop Tomato sales declined 37% for nine months due to volume drop and pricing pressure following tariff imposition.
Mexican Tax Assessment Risk Ongoing 2013 Mexican tax assessment remains, with $11M provision recorded, awaiting final Nullity Trial outcome.
Avocado Volume Softness Avocado carton volume decreased 5% in Q3 2025, reflecting supply convergence and sourcing shifts by retailers.

Outlook

FY2026 Prepared Sales Target Currently estimate Prepared segment sales reaching approximately $115M in fiscal 2026, based on recent growth trends.
Capital Allocation Strategy Board authorized a stock repurchase program of up to $25M in March 2025, timing dependent on market conditions.
Cybersecurity Program Enhancement Launched twelve-month strategic effort to elevate cybersecurity maturity, focusing on documentation and policy refinement.
Mexican VAT Refund Pursuit Will continue pursuing collection of remaining VAT refunds through administrative processes and necessary legal remedies.

Peer Comparison

Revenue (TTM)

Dingdong (Cayman) LimitedDDL
$3.33B
+8.4%
Village Super Market, Inc.VLGEA
$2.35B
+3.9%
Helen of Troy LimitedHELE
$1.82B
-5.7%

Gross Margin (Latest Quarter)

Helen of Troy LimitedHELE
44.2%
-1.4pp
Oatly Group ABOTLY
29.8%
-0.0pp
Dingdong (Cayman) LimitedDDL
28.9%
-0.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
DDL$611.02M15.431.2%35.6%
VLGEA$568.90M10.211.7%0.0%
MAMA$534.24M119.314.3%9.9%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.7%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Next earnings:Jan 13, 2026
|
EPS:$0.37
|
Revenue:$147.95M
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Jul 31, 2025|Filed: Sep 9, 2025|
    Revenue: $178.82M-0.4%
    |
    EPS: $0.49-1292.2%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Apr 30, 2025|Filed: Jun 9, 2025|
    Revenue: $190.55M+3.3%
    |
    EPS: $0.38+11.8%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Jan 31, 2025|Filed: Mar 12, 2025|
    Revenue: $154.39M+21.0%
    |
    EPS: $0.25-171.4%
    Miss
  • Form 10-K - FY 2024

    Period End: Oct 31, 2024|Filed: Jan 14, 2025|
    Revenue: $661.54M-31.9%
    |
    EPS: $-0.06+87.2%
    Miss
  • Form 10-K/A - FY 2023

    Period End: Oct 31, 2023|Filed: Dec 13, 2024|
    Revenue: $971.95M-18.4%
    |
    EPS: $-0.47-38.2%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Jul 31, 2024|Filed: Sep 9, 2024|
    Revenue: $179.60M-30.9%
    |
    EPS: $-0.04-111.1%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Apr 30, 2024|Filed: Jun 10, 2024|
    Revenue: $184.38M-24.6%
    |
    EPS: $0.34-254.5%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Jan 31, 2024|Filed: Mar 11, 2024|
    Revenue: $127.61M-43.6%
    |
    EPS: $-0.35+105.9%
    Miss