date:Mar 07, 2014
Calavo Growers, Inc. has reported that fiscal 2014 first quarter net income rose 47 percent on a 21 percent increase in revenues from the first quarter last year. Strong sales gains in each of its three principal business units paced top-line growth, said the company, the global avocado-industry leader and an expanding provider of value-added fresh foods.
For the three months ended January 31, 2014, net income climbed to $4.0 million, equal to $0.25 per diluted share, from $2.7 million, or $0.1