{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-002908","form_type":"8-K","ticker":"CVGW","cik":"0001133470","company_name":"CALAVO GROWERS INC","filed_at":"2024-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.486464+00:00","generated_at":"2026-06-04T23:40:58.004599+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Calavo Q1 net loss $0.15/sh; sales down 4%; fresh-cut sale expected Q2","bullets":["Revenue $127.6M, down 3.9% YoY; net loss $2.6M ($0.15 diluted) vs loss $0.7M ($0.04) last year.","Fresh cut business classified as discontinued ops; sale expected to close in fiscal Q2 2024.","Avocado volume down 18% but prices up 20%; tomato gross profit fell ~$1.1M on lower volume.","SG&A included $2.4M in professional fees for ongoing FCPA investigation; management targets $20M+ annualized savings.","Board declares $0.10/sh quarterly dividend payable Apr 29 to holders of record Apr 1."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-002908","json":"https://secwatch.observer/filing/0001558370-24-002908.json","markdown":"https://secwatch.observer/filing/0001558370-24-002908.md","text":"https://secwatch.observer/filing/0001558370-24-002908.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1133470/000155837024002908/0001558370-24-002908-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1133470/000155837024002908/cvgw-20240311x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T23:40:58.004599+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c6b9c9ac7cab0a6c3fe295eb01cfbccc1d54ee2","claim":"CALAVO GROWERS INC reported the fiscal first quarter ended January 31, 2024 results: revenue $127.6 million, net income Net loss of $2.6 million, or $0.15 per diluted share, EPS $(0.15) per diluted share.","evidence_excerpt":"unit as discontinued operations. Unless otherwise noted, amounts and commentary included in this press release relate to our continuing operations. ​ ● Total net sales of $127.6 million, a 3.9% decrease from the prior year quarter o Grown segment net sales decreased 4.0% to $113.0 million o Prepared segment net sales decreased 2.9% to $14.6 million ● Gross","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1133470/000155837024002908/0001558370-24-002908-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal first quarter ended January 31, 2024"},{"label":"Revenue","value":"$127.6 million"},{"label":"Net income","value":"Net loss of $2.6 million, or $0.15 per diluted share"},{"label":"EPS","value":"$(0.15) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}