secwatch.observer — SEC 8-K summary
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Issuer:     CALAVO GROWERS INC (CVGW)
CIK:        0001133470
Form:       8-K
Filed at:   2024-09-09T23:59:59+00:00
Accession:  0001558370-24-012686
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calavo Q3 adj EPS $0.57 beats $0.43; revenue up 11.7% to $179.6M; dividend raised
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- Total net sales $179.6M (+11.7% YoY); Grown segment sales $163.2M (+13.3%).
- Net income $5.4M ($0.30 diluted) vs $8.7M ($0.48) prior year; adjusted net income $10.2M ($0.57) vs $7.7M ($0.43).
- Gross profit $20.1M (-8.7% YoY); Prepared segment gross profit down $0.8M to $1.9M.
- Adjusted EBITDA $13.5M vs $13.0M prior year.
- Fresh Cut business divestiture completed Aug 15, 2024; reported as discontinued ops in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133470/000155837024012686/0001558370-24-012686-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133470/000155837024012686/cvgw-20240909x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-012686

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