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Calavo Growers, Inc. Announces First Quarter 2026 Financial Results
Calavo Growers, Inc. (Nasdaq-GS: CVGW) reported its first fiscal quarter 2026 financial results, with total net sales of $122.2 million, down from $154.4 million in the prior year. Despite a pressured avocado pricing environment, the Fresh segment saw a 17% increase in avocado carton volume, while the Prepared segment’s sales increased by 20% due to new customer acquisition and expanded existing relationships. The company also provided an update on its pending merger with Mission Produce, Inc., expecting to close the transaction in the third fiscal quarter of 2026.