Calavo Growers Inc. (CVGW) Releases Q1 2026 Earnings: Revenue Beats Estimates, EPS Miss

By: Quiver EarningsTracker

Posted: 1 week ago / March 12, 2026 9:21 p.m. UTC

CVGW

Calavo Growers Inc. (CVGW) — Q1 2026 highlights:

Total revenue: $122.2 million (down 20.9% year-over-year).

Gross profit: $15.2 million (down 3.5% year-over-year).

Operating result: $(1.45 million) (operating loss; down 128.7% year-over-year).

Net income attributable to common shareholders: $732,000 (down 83.4% year-over-year).

Diluted earnings per share: $0.04 (down 84.0% year-over-year).

Balance sheet and cash flow:

Cash from operating activities: $(8.66 million) (improved 95.6% year-over-year).

Purchases of property, plant and equipment: $(788,000) (up 179.4% year-over-year).

Cash and cash equivalents: $47.7 million (down 1.7% year-over-year).

Total liabilities: $90.8 million (down 5.4% year-over-year).

Performance versus estimates:

Revenue: actual $122.2 million vs. estimate $118.7 million (modestly above expectations).

Diluted EPS: actual $0.04 vs. estimate $0.22 (well below expectations).

Margins and cost trends:

Cost of sales: $107.0 million (down 22.8% year-over-year).

Gross margin approximately 12.4%; operating margin approximately -1.2%; net margin approximately 0.6%.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Calavo Growers Inc. Hedge Fund Activity

We have seen 78 institutional investors add shares of Calavo Growers Inc. stock to their portfolio, and 109 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FOURTH SAIL CAPITAL LP added 699,117 shares (+inf%) to their portfolio in Q4 2025, for an estimated $15,205,794
SG CAPITAL MANAGEMENT LLC removed 522,247 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $11,358,872
OLD WEST INVESTMENT MANAGEMENT, LLC removed 434,966 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $9,460,510
BALYASNY ASSET MANAGEMENT L.P. removed 361,981 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $7,873,086
NUANCE INVESTMENTS, LLC added 315,280 shares (+136.1%) to their portfolio in Q4 2025, for an estimated $6,857,340
ANCORA ADVISORS LLC removed 314,510 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $6,840,592
RUSSELL INVESTMENTS GROUP, LTD. removed 192,714 shares (-45.3%) from their portfolio in Q4 2025, for an estimated $4,191,529

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.