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Calavo Growers, Inc. Announces Record Fiscal 2018 First Quarter Results

Net Income Rises 36 Percent to $7.1 Million—$9.5 Million after Adjusting for One-Time, Non-Cash Tax Charge and Certain Management Transition Expenses—from $5.2 Million Last Year. Diluted EPS Advances to 41 Cents from 30 Cents in Fiscal 2017 First Period. Gross Margin up 20 Percent—$26.3 Million Versus $21.9 Million One Year Ago.

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