Calavo Q4 net income $3.8M vs prior loss; announces strategic combination with Mission Produce

CALAVO GROWERS INC

Q4 net income from continuing ops $3.8M ($0.21 diluted) vs $(2.5M) loss; adjusted net income $4.5M (+301%).
FY2025 net income from continuing ops $20.0M (+192%); adjusted net income $28.9M (+42%); adjusted EBITDA $40.8M (+12%).
Total net sales Q4 $124.7M (down 27% YoY); FY2025 $648.4M (down 2%).
Announces strategic combination with Mission Produce, Inc. to create leading avocado platform; terms not disclosed.

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