Apr 30

Calavo Growers Q2 2025 Earnings Report

Calavo Growers reported increased revenue and earnings driven by strong avocado pricing, despite lower volumes and weaker tomato performance.

Key Takeaways

Calavo Growers saw modest top-line growth and increased profitability in Q2 2025, supported by higher avocado prices. Gross profit declined due to reduced volumes in both avocados and tomatoes, though operating income and net income improved compared to the prior year.

Total Revenue
$191M
Previous year: $184M
+3.3%
EPS
$0.4
Previous year: $0.5
-20.0%
SG&A Expense
$10.3M
Previous year: $13M
-20.9%
Gross Profit
$18.1M
Previous year: $20.4M
-11.1%
Cash and Equivalents
$60.4M
Previous year: $4.3M
+1303.7%
Total Assets
$321M
Previous year: $411M
-21.9%

Calavo Growers

Calavo Growers

Calavo Growers Revenue by Segment

Forward Guidance

Management expects stronger performance in the second half of the year, particularly in the Prepared segment and California avocado season.

Positive Outlook

  • Anticipated volume growth in Prepared segment from new customers.
  • Expanded programs with existing Prepared segment clients.
  • Expected strong performance in California avocado season.
  • Confidence in maintaining pricing power.
  • Optimism around operational execution and aligned teams.

Challenges Ahead

  • Ongoing volatility in avocado supply and pricing.
  • Uncertain trade policy impacts (e.g., tariffs).
  • Weaker demand in the tomato segment.
  • Potential weather-related agricultural disruptions.
  • USDA inspection delays affecting avocado volume.

Revenue & Expenses

Visualization of income flow from segment revenue to net income