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Calavo Growers reports highest quarterly net income in company history

By   /  Monday, June 6th, 2016  /  Agribusiness, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Growers reports highest quarterly net income in company history

Calavo Growers had its highest quarterly net income and gross profits ever, the company announced in a second quarter earnings report June 6, with earnings per diluted share of 56 cents. That beat the average estimate of analysts surveyed by Zacks Investment Research, which was for earnings of 50 cents per share. The Santa Paula-based Read More →

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Latest

Limoneira opening South Africa branch

By   /  Tuesday, April 12th, 2016  /  Agribusiness, Latest news  /  Comments Off on Limoneira opening South Africa branch

Santa Paula-based Limoneira announced April 10 that it is launching Limoneira South Africa, a new branch of its One World of Citrus model, and partnering with Re:inc to manage packing and sales. Limoneira South Africa, based in Paarl, South Africa, will ship area produce globally and “pursue joint venture farming and packing operations,” Alex Teague, Read More →

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Latest

Calavo Growers’ fourth quarter earnings fall short

By   /  Tuesday, December 29th, 2015  /  Agribusiness, Earnings, Latest news, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo Growers’ fourth quarter earnings fall short

Santa Paula-based Calavo Growers missed analyst projections on its fourth-quarter earnings. Calavo Growers, which is known for its avocado production, reported on Dec. 29 a profit of 28 cents per share, missing Wall Street’s projection of 46 cents per share. Calavo Growers stock ended the day at $49.51 per share, down $1.14. The company posted Read More →

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Latest

San Luis Obispo discoveries expand citrus industry’s psyllid watch

By   /  Friday, October 3rd, 2014  /  Agribusiness, Central Coast, South Coast, Top Stories, West Ventura County  /  Comments Off on San Luis Obispo discoveries expand citrus industry’s psyllid watch

The dreaded Asian citrus psyllid made its first appearance in San Luis Obispo County over the summer, making the pest truly a regional problem for tri-county agriculture.

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Latest

Calavo shares jump on higher avocado sales

By   /  Tuesday, January 7th, 2014  /  Agribusiness, Banking & Finance, Earnings, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Calavo shares jump on higher avocado sales

Shares of Calavo Growers soared 6.5 percent on Tuesday, when the Santa Paula-based produce marketer reported fourth-quarter revenue climbed 35 percent to $190.7 million on higher avocado prices and volume.

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Latest

Strawberries top tri-county farming forecast in 2014

By   /  Friday, January 3rd, 2014  /  Agribusiness, Central Coast, East Ventura County, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture  /  Comments Off on Strawberries top tri-county farming forecast in 2014

Strawberries remain the largest piece of the pie in the Tri-Counties’ multibillion-dollar agriculture industry, but there will be slightly less acreage in the New Year.

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Latest

Mission Produce scoops up Chilean avocado company

By   /  Friday, October 21st, 2011  /  Top Stories  /  Comments Off on Mission Produce scoops up Chilean avocado company

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