• Calavo's sales hit lofty heights in fiscal 2Q

    Calavo Growers Inc, the Santa Ana CA-based distributor of avocados and other perishable food products, reported revenues and net income climbing to historic highs in the second quarter of fiscal 2004.

    Calavo Growers Inc, the Santa Ana CA-based distributor of avocados and other perishable food products, reported revenues and net income climbing to historic highs in the second quarter of fiscal 2004.

    For the three months ended April 30, 2004, net income advanced 35% to $2.3 million from $1.7 million in the same period a year ago.

    Propelled by strong year-over-year sales growth in both its California Avocado and International segments, net revenues jumped 33% in the recently concluded period to $76.4 million from $57.4 million posted in the same quarter of fiscal 2003.

    For the first half of fiscal 2004, net income totaled $2.0 million on revenues of $125.5 million. This compares with net income of $2.2 million on $101.6 million net revenues posted in the initial six months of fiscal 2003.

    About the Author

    from staff and wire reports

    Voice your opinion!

    To join the conversation, and become an exclusive member of FleetOwner, create an account today!

    Sign up for our free eNewsletters

    Latest from Refrigerated Transporter

    Sunswap
    English food retailer Tesco recently deployed five Sunswap Endurance electric transport refrigeration units.
    Sunswap’s zer0-emission transport refrigeration units with batteries and roof-mounted solar panels are expected to help Tesco meet its sustainability goals.
    Americold
    americold_nb_port_groundbreaking
    Innovative new cold storage facility with martime and rail capabilities in New Brunswick, Canada, will be the operator’s sixth Canadian location when it opens in 2026.
    Penske
    penske_logistics___2025_state_of_logistics_report_
    The Council of Supply Chain Management Professionals’ latest report indicates trucking businesses continue to face economic uncertainty.