Calavo Growers

Calavo Growers, Inc. is the worldwide leader in the procurement and marketing of fresh avocados and other fresh produce as well as the manufacturing and distribution of prepared avocado products and salsas. With the addition of Renaissance Food Group, we’ve extended our reach in the refrigerated fresh segment with fresh-cut produce and ready-to-cook meal enhancements. Our continued focus on providing healthy, fresh, convenient foods, has enabled Calavo to truly evolve into “A Family of Fresh Foods.” Since 1924, we’ve been serving produce wholesalers, retailers and restaurants worldwide.
Company Growth (employees)
Type
Public
HQ
Santa Paula, US
Founded
1924
Size (employees)
2,096 (est)+2%
Website
calavo.com
Calavo Growers was founded in 1924 and is headquartered in Santa Paula, US

Calavo Growers Office Locations

Calavo Growers has an office in Santa Paula
Santa Paula, US (HQ)
1141 Cummings Rd

Calavo Growers Data and Metrics

Calavo Growers Financial Metrics

Calavo Growers's revenue was reported to be $270.2 m in Q2, 2017
USD

Revenue (Q2, 2017)

270.2 m

Gross profit (Q2, 2017)

36.3 m

Gross profit margin (Q2, 2017), %

13%

Net income (Q2, 2017)

18.2 m

EBIT (Q2, 2017)

20.8 m

Market capitalization (25-Jul-2017)

1.3 b

Cash (30-Apr-2017)

10.5 m
Calavo Growers's current market capitalization is $1.3 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

691.5 m782.5 m856.8 m935.7 m

Revenue growth, %

13%9%9%

Cost of goods sold

631.3 m182.2 m771.6 m828.1 m

Gross profit

60.1 m600.3 m85.2 m107.5 m

Gross profit Margin, %

9%77%10%11%

General and administrative expense

35 m

Operating expense total

35 m

EBIT

25.1 m(16.4 m)43.7 m61.1 m

EBIT margin, %

4%(2%)5%7%

Interest expense

834 k1 m1.2 m1.1 m983 k830 k(756 k)

Interest income

255 k77 k132 k

Pre tax profit

24.6 m

Income tax expense

11.3 m7.2 m10.2 m7.9 m(3.9 m)16.1 m21.9 m

Net Income

16.7 m(215 k)27.2 m38.5 m
USDQ1, 2017Q2, 2017

Revenue

226.6 m270.2 m

Cost of goods sold

204.6 m233.9 m

Gross profit

21.9 m36.3 m

Gross profit Margin, %

10%13%

General and administrative expense

13.8 m15.4 m

Operating expense total

13.8 m15.4 m

EBIT

8.1 m20.8 m

EBIT margin, %

4%8%

Interest expense

(247 k)(323 k)

Pre tax profit

20.5 m

Income tax expense

2.6 m7.6 m

Net Income

5.2 m18.2 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

875 k1.1 m2.8 m7.1 m8 m6.7 m7.2 m13.8 m

Inventories

10.8 m19.5 m15.8 m31.8 m

Current Assets

109.7 m123 m116.8 m135 m

PP&E

52.6 m57.4 m69.4 m87.8 m

Goodwill

18.3 m18.3 m18.3 m18.3 m

Total Assets

239.9 m283.5 m284.9 m327.9 m

Accounts Payable

11.7 m15.1 m19.6 m22.4 m

Total Debt

19 m

Current Liabilities

97.4 m101 m97.9 m109.3 m

Non-Current Liabilities

14 m2.8 m820 k2.8 m

Total Liabilities

111.4 m103.8 m98.7 m112.1 m

Common Stock

15 k17 k

Additional Paid-in Capital

59.4 m144.5 m147.1 m149.7 m

Retained Earnings

55.7 m22.2 m57.8 m

Total Equity

128.5 m179.4 m186 m215.1 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.9 x1.6 x1.5 x1.5 x
USDQ1, 2017Q2, 2017

Cash

7.6 m10.5 m

Inventories

24.4 m38.6 m

Current Assets

123.8 m152 m

PP&E

114.6 m114.3 m

Goodwill

18.3 m18.3 m

Total Assets

347 m383.9 m

Accounts Payable

23.6 m28.3 m

Current Liabilities

124.4 m144.4 m

Non-Current Liabilities

2.7 m2.7 m

Additional Paid-in Capital

151.6 m152.2 m

Retained Earnings

63 m76 m

Total Equity

219.2 m236.8 m

Financial Leverage

1.6 x1.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

16.7 m(215 k)27.2 m38.5 m

Depreciation and Amortization

6.4 m6.9 m8 m8.8 m

Accounts Receivable

(16 m)(1.7 m)(2.1 m)(11.5 m)

Inventories

(3.6 m)(8.8 m)(1.8 m)(5.1 m)

Cash From Operating Activities

13.7 m21.3 m37.3 m62 m

Cash From Investing Activities

(7.7 m)(18.6 m)(21.1 m)(21.7 m)

Cash From Financing Activities

(5.1 m)(4.1 m)(15.8 m)(33.6 m)

Interest Paid

1.1 m986 k843 k741 k

Income Taxes Paid

5.5 m11.4 m15.5 m14.4 m
USDQ1, 2017Q2, 2017

Net Income

5.2 m18.2 m

Depreciation and Amortization

2.3 m4.6 m

Accounts Receivable

(6.3 m)(26.3 m)

Cash From Operating Activities

1.7 m23.3 m

Cash From Investing Activities

(32.7 m)(38.5 m)

Cash From Financing Activities

24.8 m
Y, 2017

Financial Leverage

1.6 x

Calavo Growers Market Value History

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