Calavo Growers (CVGW) Reports Q2 and First-Half 2025 Financial Results

Calavo Growers, Inc. (NASDAQ:CVGW) is one of the 10 best organic food and farming stocks to buy now. On June 9, 2025, the company reported Q2 net sales of $190.5 million, a 3.3% year-over-year increase, with growth in the fresh segment driven by higher avocado prices. However, overall gross profit fell 11.9% to $18.1 million due to lower avocado and tomato volumes. SG&A costs declined 20.9%, helping net income from continuing operations rise to $6.9 million, or $0.38 per diluted share.

A field of freshly picked avocados, ready to be shipped to customers.

Prepared foods sales dropped 9.9%, and gross profit dipped 6.3%, mainly from reduced volume. Gross profit per carton improved, aided by better avocado margins despite a $0.9 million tariff impact. Adjusted net income declined to $7.1 million, or $0.40 per share, while adjusted EBITDA was $11.4 million. A $0.20 dividend was declared, payable on July 30.

For the six-month period ending April 30, net sales rose 10.6% to $344.9 million, with fresh segment revenue up 12.4%. Gross profit increased 8% to $33.8 million, and SG&A costs fell 22.3%. Net income reached $11.3 million, or $0.63 per share, reversing a loss from the prior year, while adjusted net income climbed to $13.1 million and adjusted EBITDA hit $20.7 million.

Calavo Growers is a global supplier of fresh produce, best known for its avocados, papayas, tomatoes, and ready-to-eat guacamole. Operating under its Grown and Prepared segments, Calavo serves major retailers and food service customers worldwide. The company markets products under several brands, including Calavo, Avo Fresco, and RIPE NOW! It also offers USDA Certified-Organic Hass avocados and organic guacamole, supporting the rising demand for organic produce.

READ NEXT: 13 Best Blue Chip Stocks to Buy According to Analysts and 10 Most Undervalued Gold Stocks to Buy According To Analysts.

Disclosure: None. This article is originally published at Insider Monkey.