CVGW earnings call for the period ending April 30, 2020.
News & Analysis: Calavo Growers
It doesn't get much simpler than a candy maker, an avocado distributor, and a camera company.
A performance apparel specialist, avocado grower, and tax-prep giant hit fresh lows even as the market in general moved higher last week.
The avocado collective continued to see record growth and profits in its most recent earnings period.
The avocado purchasing and distribution specialist benefited from a robust showing in its core business.
Results released on June 6 point to renewed strength in a key business line.
Operating income rebounds after a disappointing showing in the previous quarter.
The bears are ignoring the flickers of life in J.C. Penney, Wells Fargo, and Calavo Growers.
Commodity prices are trending lower, but agriculture businesses with an eye on the future could be buys for investors with a long-term mind-set.
A successful year is marred by a host of unexpected issues in the final three months.