Calavo Growers Inc - Company Profile

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Calavo Growers Inc: Segment Analysis

Business Description

Calavo Growers Inc (Calavo) markets and distributes avocados and provides value-added fresh food and other perishable foods. The company distributes products to retail grocery stores, foodservice, club stores, mass merchandisers, food distributors and wholesalers. It distributes products both in domestic and international markets.

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R&D Overview

The company’s R&D arm focuses on changes in product specifications, customer requests, customer and market research and innovative ideas generated by the experts with food processing and culinary backgrounds. It also conducts sensory and shelf life testing to expand the category and drive new sales for the customers. In FY2022, the company incurred expenses of US$0.1 million on R&D, which as a percentage of revenue, stood at 0.1%.

Business Segments

Overview

Provides fresh avocados and perishable food products, such as tomatoes and papayas under the Calavo brand.

Performance

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Overview

Produces, markets and distributes fresh packaged food products, fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads and snacks, guacamole, and salsa. Major brands include Garden Highway Fresh Cut, Calavo, Garden Highway Chef Essentials, and Garden Highway.

Performance

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