date:Jan 09, 2014
egment sales, a 110 basis point improvement from $3.3 million, or 8.4 percent of segment sales, in the fourth period last year. RFG segment gross margin growth is attributable to the continued leveraging of the business unit's plants and platform, which also provided incremental contribution to Calavo's improved overall selling, general and administrative (SGA) metrics.
Fourth-quarter SGA expense totaled $9.3 million, equal to 4.9 percent of revenues, improving about 230 basis points from $10.3