secwatch.observer — SEC 8-K summary
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Issuer:     CALAVO GROWERS INC (CVGW)
CIK:        0001133470
Form:       8-K
Filed at:   2022-06-02T23:59:59+00:00
Accession:  0001558370-22-009670
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calavo Q2 net loss narrows to $0.2M; revenue rises 20% YoY
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- Net loss of $0.2M ($0.01 diluted loss) vs. prior-year net income of $8.8M ($0.50 diluted EPS).
- Revenue of $331.4M, up 20% YoY; Fresh segment revenue up 30% to $211.0M, RFG up 6%, Foods down 4%.
- Gross profit of $21.7M (6.6% margin) compared to $22.6M (8.2%) in prior year.
- Adjusted net income of $5.8M ($0.33 diluted EPS) vs. $7.7M ($0.43); adjusted EBITDA $12.7M vs. $15.0M.
- Sequential improvement from Q1: gross profit up $8.5M, net loss improved $3.9M, adjusted EBITDA up $7.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133470/000155837022009670/0001558370-22-009670-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133470/000155837022009670/cvgw-20220602x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-009670

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