US produce supplier Calavo Growers has reported a fall in first-quarter profits amid a decline in margins from its fresh division.
Calavo Growers, the US avocado-to-salsa supplier, believes it will see "another record-breaking year" to follow 12 months in which its net profit jumped by almost 40%.
US avocado-to-salsa maker Calavo Growers has completed a US$19.4m deal to buy a production facility in California to expand capacity for its Renaissance Food Group business.
Calavo Growers, the US avocado-to-salsa maker, today (7 September) booked higher sales and earnings for the first nine months of its financial year, helped by "record" results in its third quarter.
US fresh foods group Calavo Growers today (6 June) reported earnings that reached an "all-time high for any quarter in its history" despite a fall in sales during the three months to the end of April.
Calavo Growers has reported a rise in sales and profits for the first quarter of its financial year, benefiting from higher volumes and despite lower selling prices for its avocados.
Calavo Growers, the US fresh foods group, has forecast record revenue and earnings per share in its new financial year after a 12 months that included its highest-ever sales.
Calavo Growers, the US fresh produce group, has reported "record" nine-month sales and profits.
US snack group Diamond Foods this week reported its third-quarter results and issued an upbeat outlook thanks to a strong domestic performance from Kettle. UK firm The Real Good Food Co. indicated it is considering acquisition opportunities following its disposal of sugar arm Napier Brown. Elsewhere, Grupo Nutresa reported a positive start to the year. Here are this week's results in brief.
US fresh produce group Calavo Growers is to build a packing house in Mexico for avocados to go on sale in the US and other international markets.
US fresh produce group Calavo Growers today (6 March) reiterated its forecast for record 2014/2015 sales and earnings after a "strong" first quarter.
US produce group Calavo Growers has predicted it will post record revenues and earnings per share in its 2014/15 financial year.
US avacado supplier and fresh food maker Calavo Growers has reported a jump in profits for the first nine months of its financial year.
Shares in US produce firm Calavo Growers have jumped as it recorded a "new all time high" in net profits.
This week Unilever was gain rumoured to be looking to sell a food brand - this time Ragu pasta sauces. UK group Premier Foods announced a new refinancing package, while in the US, a mega-merger in the retail sector is on the cards, after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal to buy Safeway.
US produce firm Growers has reported a 47% rise in net income for the first quarter of fiscal 2014.
US produce group Calavo Growers has booked an increase in annual earnings on the back of record sales.
US produce group Calavo Growers revealed "record" net income in its third quarter, boosted by double-digit sales in each of its main business segments.
US produce group Calavo Growers saw its share price slide in afternoon trading yesterday (5 June) as second-quarter earnings came in below market expectations.
US produce group Calavo Growers has booked an increase in first-quarter profit and sounded an upbeat note on its full-year outlook.
Shares in US produce group Calavo Growers closed down 12% after the company reported higher third-quarter profits that missed Wall Street expectations.
A tax charge on Calavo Growers' operations in Mexico has hit the US fresh produce supplier's profit growth in the first half of its financial year.
US fresh produce supplier Calavo Growers has posted higher sales and profits for the first quarter of its new financial year due in part to last year's acquisition of Renaissance Food Group.
US fresh produce group Calavo Growers has reported a slump in annual earnings after high avocado costs continued to hit its bottom line in the fourth quarter.
Higher fruit costs have hit quarterly profits at Calavo Growers, the US fresh produce group.
Poor weather and higher avocado costs have hit quarterly profits at US fresh produce firm Calavo Growers.
Speculation mounted this week over who will be the winning bidder for UK frozen food retailer Iceland Foods, meanwhile, M&S revealed plans to revamp their stores and Dean Best interviewed the head of McCormick's subsidiary Schwarz UK. Here's the best of what was said this week:
Calavo Growers' acquisition of fresh-food firm Renaissance Food Group will give the US avocado supplier a competitive advantage in the grocery space, according to an analyst.
Calavo Growers chief executive Lee Cole said today (26 May) that the avocado processor's planned acquisition of Renaissance Food Group would "transform" his company.
US produce supplier Calavo Growers has booked a 31% increase in annual profits after earnings in its fourth quarter more than doubled.
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