Calavo Growers reports record revenues but net income down
Santa Paula-based Calavo Growers reported record first quarter revenues of $226.6 million, up from $204.6 million a year ago, but net income fell to $5.2 million from $6.3 million a year ago. The revenue growth was fueled by the performance of Calavo’s fruit and vegetables company Renaissance Food Group, which showed a 29 percent rise Read More →
Read More →Calavo Growers reports record fourth quarter income
Calavo Growers, headquartered in Santa Paula, reported record fourth quarter revenues of $247.7 million and net income of $9.2 million, almost double its net income for the same period last year. Earnings climbed to 53 cents per diluted share for the quarter ended Oct. 31, compared to 28 cents for the fourth quarter 2015, bringing Read More →
Read More →Calavo Growers president resigning for job at FreshRealm
Santa Paula-based Calavo Growers President and Chief Operating Officer Kenneth Catchot will resign on Jan. 6 and be replaced by Lecil Cole, according to a Dec. 19 Securities and Exchange Commission filing. Catchot will take on a senior management position with FreshRealm, which Calavo holds a 46 percent ownership interest. FreshRealm is a Ventura-based company Read More →
Read More →Calavo Growers buys production facility in Riverside
Santa Paula-based avocado and fresh produce grower Calavo Growers completed the $19.4 million purchase of a 128,000-square-foot production facility in Riverside, the company announced on Nov. 3. The acquisition, which was secured in a 1031 exchange, will help Calavo increase its national footprint for its Renaissance Food Group LLC business segment. The facility at 1730 Read More →
Read More →
Mexican supply disruption drives up avocado prices
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Read More →The Trade Desk rockets to $1 billion after IPO
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Read More →Overtime pay for ag workers will hurt tri-county growers
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Read More →
Sponsored content:
2015-2016 Giving Guide
