secwatch.observer — SEC 8-K summary
======================================

Issuer:     CALAVO GROWERS INC (CVGW)
CIK:        0001133470
Form:       8-K
Filed at:   2026-03-12T23:59:59+00:00
Accession:  0001104659-26-027161
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calavo Q1 revenue down 21% to $122.2M; adjusted EPS $0.27 vs $0.35 YoY
----------------------------------------------------------------------

- Net sales $122.2M vs $154.4M YoY; gross profit $15.2M vs $15.7M.
- GAAP net income $0.7M ($0.04 diluted EPS) vs $4.4M ($0.25) prior year.
- Adjusted net income $4.8M ($0.27 diluted) vs $6.3M ($0.35); adjusted EBITDA $8.0M vs $9.3M.
- SG&A rose to $16.4M from $10.3M, reflecting $7.2M of non-recurring M&A-related costs.
- Calavo continues to pursue pending merger with Mission Produce (AVO) announced January 14, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133470/000110465926027161/0001104659-26-027161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133470/000110465926027161/cvgw-20260312x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-027161

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer