November 13, 2024
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Calavo shares dip after earnings report

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Shares of Santa Paula-based Calavo Growers dropped more than 15% on Sept. 2, the day after the company missed analysts’ expectations for its third quarter earnings. Calavo, an avocado and produce distributor, reported net income of $1.3 million, or earnings of 7 cents per share, up from a net loss of $13 million in the…

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