CALAVO GROWERS INC
calavo.comCalavo Growers (NASDAQ: CVGW) is a produce company that sources, packs, ripens, and distributes fresh avocados and prepared avocado products including guacamole. Revenue comes from two segments: Fresh, which handles fresh avocados and papayas sold on a transactional basis with prices negotiated daily, and Prepared, which sells packaged guacamole and related products to retail and foodservice customers. The company operates packinghouses and processing facilities in the United States, Mexico, and Hawaii, with 1,969 employees as of October 31, 2025, of which 1,676 were based in Mexico. Calavo sources fruit from Mexico, Peru, and Colombia under varying commercial structures including consignment and free-on-board arrangements. Trademarks include the Calavo brand name, ProRipeVIP, RIPE NOW!, and several others. CEO B. John Lindeman signed the 10-K filed January 14, 2026. Gross profit decreased $4.1 million, or 6%, for the fiscal year ended October 31, 2025, compared to fiscal 2024, driven in part by $5.1 million of discrete costs tied to an FDA detention hold on certain avocado imports from Mexico.
Products & Services
Fresh avocados, papayas, packaged guacamole (frozen and unfrozen), and value-added prepared avocado products. Trademarks include Calavo, Avo Fresco, Bueno, Calavo Gold, El Dorado, Taste of Paradise, ProRipeVIP, and RIPE NOW!. The company also provides ripening services through its ProRipeVIP program.
Revenue Model
Transactional revenue from daily-priced fresh avocado and papaya sales in the Fresh segment, and product sales of guacamole and related prepared foods in the Prepared segment. Fruit costs, packing materials, and freight are generally passed through to customers. Avocados sourced from Peru are handled on consignment, with payments to exporters calculated as net selling price less commissions, logistics, and fees. Colombian fruit is purchased on a free-on-board basis.
Customers & Markets
Retail and foodservice customers purchasing fresh avocados, papayas, and prepared guacamole. The filing does not disclose specific customer names or concentration percentages.
Geographic Exposure
Primary operations in Mexico (1,676 of 1,969 employees as of October 31, 2025) and the United States, with fruit sourced from Mexico, Peru, and Colombia. A papaya sorting and packing facility operates in Green Cove Springs. Certain U.S. operations are in Hawaii.
Financial snapshot data is not available right now.
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