Calavo Growers delivered strong financial results in Q1 2025, with total net sales rising 21.0% year-over-year to $154.4 million. Fresh segment revenue saw significant growth, while the prepared segment remained stable. The company's cost discipline led to a reduction in SG&A expenses, boosting net income to $4.4 million compared to a net loss in the prior year.
Total net sales increased 21.0% year-over-year to $154.4 million.
Fresh segment revenue grew 23.7%, driven by higher avocado prices.
Net income reached $4.4 million, reversing a loss in the prior year.
SG&A expenses declined 23.6%, reflecting cost discipline efforts.
Calavo Growers expects continued strength in the Fresh segment, with margin improvements and disciplined cost control driving profitability.
Visualization of income flow from segment revenue to net income