Avocados a key contributor to Calavo’s third quarter net income growth

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Avocados a key contributor to Calavo’s third quarter net income growth

By Staff Report / Thursday, September 6th, 2018 / Comments Off on Avocados a key contributor to Calavo’s third quarter net income growth

Santa Paula-based Calavo Growers reported net income rose 40 percent for its third quarter 2018 to $12.4 million on substantial growth in avocado volumes. Revenues fell 2 percent from company highs in the prior third quarter to $296.4 million, including an 8 percent gain in its Renaissance Food Group division and a 25 percent gain…

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