secwatch.observer — SEC 8-K summary
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Issuer:     CALAVO GROWERS INC (CVGW)
CIK:        0001133470
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001558370-24-000667
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calavo Q4 net loss $7.9M, adjusted loss $0.33/share; FY revenue down 18.4%
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- Q4 net sales $241.2M (-1% YoY); Grown segment +5.6%, Prepared -7.9%.
- Q4 gross profit $15.5M vs $20.4M; Prepared gross profit down $5.1M to $6.7M.
- Q4 net loss $7.9M ($0.45/diluted share) vs $3.3M loss; adjusted loss $5.8M ($0.33).
- FY 2023 net sales $972.0M (-18.4%); net loss $8.3M ($0.47) vs $6.2M prior year.
- Adjusted EBITDA Q4 $7.0M vs $9.6M; FY $31.3M vs $35.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133470/000155837024000667/0001558370-24-000667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133470/000155837024000667/cvgw-20240131x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000667

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