Calavo Growers (CVGW) Tops Q1 EPS by 19c
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Calavo Growers, Inc. Announces Fiscal 2019 First Quarter Results
March 7, 2019 9:00 AM ESTFirst Quarter Highlights Include:
Net Income Equaled $4.5 Million; Adjusted Net Income(1) Grew 36 Percent to $13.0 Million Diluted EPS Totaled 26 Cents; Adjusted Diluted EPS(1) Registered 74 Cents Operating Income Increased 53 Percent to $16.6 Million Gross Profit Climbed 17 Percent to $30.8 Million from $26.3 Million Revenues Rose to $258.0 Million from $247.9 Million Double-Digit Sales Growth in RFG and Calavo Foods SegmentsLooking Forward for Fiscal Year 2019:
CEO Cole Re-Affirms Forecast for Record Revenue (Driven By... More