date:Jan 09, 2014
million, equal to 8.7 percent of segment sales. This compares with segment gross margin of $11.4 million, or 12.5 percent of segment sales, in last year's fourth quarter.
Calavo Foods business segment revenues rose to $12.9 million, up 12 percent from $11.6 million in the final quarter of fiscal 2012. Sharply higher fruit costs for prepared avocado products during the majority of the fourth quarter adversely impacted segment gross margin for the period. Gross margin declined to $1.3 million, or