earnings
confidence high
sentiment positive
materiality 0.70
Calavo Growers FY2024 net sales +11.4% to $661.5M; adjusted EPS $1.05 vs $0.64
CALAVO GROWERS INC
- Net income from continuing operations $6.8M ($0.38 diluted) vs $5.1M ($0.26) prior year.
- Grown segment net sales up 13.3% to $597.6M; Prepared segment down 4.2% to $63.9M.
- Q4 net sales $170.0M (+19.5%); net loss from cont. ops $2.5M vs $4.7M loss in prior year Q4.
- Adjusted EBITDA full year $37.0M vs $33.2M; Q4 adjusted EBITDA $6.7M vs $8.0M.
- Divestiture of Fresh Cut business completed August 15, 2024, now reported as discontinued ops.