secwatch.observer — SEC 8-K summary
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Issuer:     CALAVO GROWERS INC (CVGW)
CIK:        0001133470
Form:       8-K
Filed at:   2023-09-06T23:59:59+00:00
Accession:  0001558370-23-015510
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calavo Q3 net income rises to $6.6M despite 24% sales drop
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- Net sales $259.9M (-24% YoY); Grown $144.5M (-30%), Prepared $115.8M (-14%).
- Gross profit $25.0M vs $18.5M; Grown gross profit up $9.6M to $21.4M, Prepared down $3.1M.
- Net income $6.6M ($0.37 diluted EPS) vs $1.3M ($0.07); adjusted net income $7.2M ($0.41) vs $2.9M ($0.16).
- Adjusted EBITDA $13.8M compared to $8.1M in prior-year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133470/000155837023015510/0001558370-23-015510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133470/000155837023015510/cvgw-20230906x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-015510

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