$Calavo Growers (CVGW.US)$ Fiscal Year 2024 Financial Overview • Total net sales increased 11.4% to $661.5 million from the prior year ◦ Grown segment net sales increased 13.3% to $597.6 million ◦ Prepared segment net sales decreased 4.2% to $63.9 million • Total gross profit increased 8.3% to $67.8 million from the prior year ◦ Grown segment gross profit increased 9.4% to $55.3 million ◦ Prepared segment gross profit increased 3.8% to $12.5 million • Net income from continuing oper...
Morning Movers Gapping up $Eli Lilly and Co (LLY.US)$shares rose 2% after a panel of FDA advisors recommended the approval of its Alzheimer's drug known as donanemab. $General Motors (GM.US)$The automaker's stock added more than 1% after its board authorized a $6 billion stock buyback program. $Shopify (SHOP.US)$The e-commerce stock rose about 1% after JPMorgan initiated coverage with an overweight rating, stating that the recen...
Calavo's Q1 results were disappointing with significant misses on revenue and EPS estimates. The company's performance has been affected by market dynamics within its avocado business. The company's revenue has been declining over the last three years, which is among the worst in the consumer staples industry.
A GameStop GME$GameStop (GME.US)$director just made the first open-market stock purchase this year, while the CEOs of department-store chain Kohl’s KSS +5.21%$Kohl's Corp (KSS.US)$and avocado slinger Calavo Growers$Calavo Growers (CVGW.US)$picked up millions of dollars of stock.
As the first quarter came to a close, some company insiders bought up shares on the open market. A GameStop$GameStop (GME.US)$director just made the first open-market stock purchase this year, while the CEOs of department-store chain Kohl’s$Kohl's Corp (KSS.US)$and avocado slinger Calavo Growers CVGW$Calavo Growers (CVGW.US)$picked up millions of dollars of stock.
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Calavo Growers Stock Forum
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Fiscal Year 2024 Financial Overview
• Total net sales increased 11.4% to $661.5 million from the prior year
◦ Grown segment net sales increased 13.3% to $597.6 million
◦ Prepared segment net sales decreased 4.2% to $63.9 million
• Total gross profit increased 8.3% to $67.8 million from the prior year
◦ Grown segment gross profit increased 9.4% to $55.3 million
◦ Prepared segment gross profit increased 3.8% to $12.5 million
• Net income from continuing oper...
Gapping up
$Eli Lilly and Co (LLY.US)$ shares rose 2% after a panel of FDA advisors recommended the approval of its Alzheimer's drug known as donanemab.
$General Motors (GM.US)$ The automaker's stock added more than 1% after its board authorized a $6 billion stock buyback program.
$Shopify (SHOP.US)$ The e-commerce stock rose about 1% after JPMorgan initiated coverage with an overweight rating, stating that the recen...
A GameStop $GameStop (GME.US)$ director just made the first open-market stock purchase this year, while the CEOs of department-store chain Kohl’s $Kohl's Corp (KSS.US)$ and avocado slinger Calavo Growers CVGW $Calavo Growers (CVGW.US)$ picked up millions of dollars of stock.
• $Okta (OKTA.US)$ +15.8% (In reaction to earnings)
• $StoneCo (STNE.US)$ +12.9% (In reaction to earnings)
• $Turning Point Therapeutics (TPTX.US)$ +116.8% (Bristol Myers Squibb (BMY) will acquire Turning Point Therapeutics for $76,00 per share; expected to be accretive to Non-GAAP earnings per share beginningin2025)
• $Amylyx Pharmaceuticals (AMLX.US)$ +24.9% (receives PDUFA date extension for AMX0035; scheduled for September ...
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