secwatch.observer — SEC 8-K summary
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Issuer:     CALAVO GROWERS INC (CVGW)
CIK:        0001133470
Form:       8-K
Filed at:   2024-06-10T23:59:59+00:00
Accession:  0001558370-24-009040
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calavo Q2 net sales up 16.5% to $184.4M; adjusted EPS $0.50 vs $0.29
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- Net income from continuing ops $6.5M ($0.36 diluted), up from $1.4M ($0.08) YoY.
- Grown segment sales +18.9% to $166.8M; Prepared segment -1.9% to $17.6M.
- Adjusted EBITDA $13.4M vs $9.9M in prior-year quarter.
- Fresh cut business classified as held for sale, reported in discontinued ops.
- Gross profit improved to $20.4M from $15.7M, driven by Grown segment margin expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133470/000155837024009040/0001558370-24-009040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133470/000155837024009040/cvgw-20240610x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009040

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