Calavo Growers, Inc. Declares Annual Cash Dividend, Payable on Dec. 8, 2014
Sep 30 14
Calavo Growers Inc. announced that its board of directors declared a $0.75 per share annual cash dividend on its common stock.
The board set Dec. 8, 2014 as the payment date to all stockholders of record as of Nov. 17, 2014.
Calavo Growers Inc. Amends Amended and Restated Bylaws
Sep 30 14
The Board of Directors of Calavo Growers Inc. amended the company's Amended and Restated Bylaws, effective as of September 25, 2014, to change the advance notice requirements to bring shareholder business and nominations before the annual meeting of the shareholders. The Bylaw amendment, which is set forth in a new Section 2.12, requires that a shareholder notify the Company at least 90 days in advance of the anniversary of the prior year's annual meeting of his or her intention to nominate a director or to present a proposal at the meeting. The Board of Directors amended Section 2.06 of the Bylaws by deleting the provisions that had required only 30 days advance notice of an intention to nominate a director.
Calavo Growers Inc. Presents at Wedbush California Dreamin' Consumer Management Access Conference, Sep-23-2014 02:30 PM
Sep 16 14
Calavo Growers Inc. Presents at Wedbush California Dreamin' Consumer Management Access Conference, Sep-23-2014 02:30 PM. Venue: Le Parker Meridien Hotel, New York, New York, United States.
Calavo Growers Inc. announced delayed 10-Q filing
Sep 10 14
On 09/10/2014, Calavo Growers Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Calavo Growers Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended July 31, 2014; Reiterates Earnings Guidance for Fiscal 2014
Sep 9 14
Calavo Growers Inc. reported consolidated earnings results for the third quarter and nine months ended July 31, 2014. For the quarter, the company reported net sales of $194,943,000 compared with $153,181,000 for the same period last year. Operating income was $11,514,000 compared with $9,372,000 for the same period last year. Income before provision for income taxes was $9,288,000 compared with $8,328,000 for the same period last year. Net income attributable to Calavo Growers Inc. was $6,399,000 or $0.43 diluted per share compared with $5,665,000 or $0.38 diluted per share for the same period last year.
For the nine months, the company reported net sales of $581,761,000 compared with $500,778,000 for the same period last year. Operating income was $26,798,000 compared with $17,021,000 for the same period last year. Income before provision for income taxes was $39,177,000 compared with $16,741,000 for the same period last year. Net income attributable to Calavo Growers Inc. was $26,717,000 or $1.70 per basic and diluted share compared with $11,319,000 or $0.77 per basic and diluted share for the same period last year.
The company announced that it remains squarely on target to post record earnings per share (EPS) from operations in fiscal 2014. The company expects the revenue and profit engines of highly complementary business segments to continue performing exceptionally well.