date:Jun 10, 2019
ross profit rose by 15 percent to $36.8 million, equal to 12.9 percent of revenues, from $32.0 million, or 12.1 percent of revenues, in the year-ago second quarter. Calavos operating income climbed by 21 percent to $23.1 million from $19.1 million last year.
Chairman, President and Chief Executive Officer Lee E. Cole stated: Calavo delivered all-time record operating performance in the second quarter, with higher total revenues pacing our double-digit percentage increases in gross profit, opera