secwatch.observer — SEC 8-K summary
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Issuer:     CALAVO GROWERS INC (CVGW)
CIK:        0001133470
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001558370-23-002926
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calavo Q1 revenue down 18% to $226.2M; net loss narrows to $(0.17)/share
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- Revenue $226.2M, down 18% YoY; Grown segment revenue down 27% to $117.7M.
- Net loss $(3.1)M ($(0.17)/diluted share) vs net loss $(4.0)M ($(0.23)) prior year.
- Adjusted net loss $(1.4)M ($(0.08)/share) vs adjusted net loss $(0.4)M ($(0.02)) prior year.
- Adjusted EBITDA $3.6M vs $4.7M prior year.
- Prepared segment gross profit +$3.4M to $5.0M; Grown segment gross profit -$2.2M to $9.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133470/000155837023002926/0001558370-23-002926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133470/000155837023002926/cvgw-20230306x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-002926

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