On this page of StockholderLetter.com we present the latest annual shareholder letter from CALAVO GROWERS INC — ticker symbol CVGW. Reading current and past CVGW letters to shareholders can bring important insights into the investment thesis.
&DODYR *URZHUV ,QF $118$/ 5(3257
Delivering the highest quality products Integrity Dependability Trust for 100 years
Letterr from m ourr Chieff Executive e Officerr To Our Fellow Shareholders: As we reflect on the past year, I am proud of the progress we have made in strengthening Calavo Growers and positioning the company for long-term success. Our team remained focused on executing our strategy, enhancing operational efficiencies, and delivering value to our customers, growers, and shareholders. We took meaningful steps to sharpen our focus on our core businesses, ensuring that we operate with discipline and agility in an evolving marketplace. Our avocado business continued to demonstrate resilience, reinforcing our position as a leader in the category. We also remained committed to growing our guacamole business, leveraging our expertise to drive improvements and expand opportunities. As always, we recognize that success is built on a foundation of strong relationships whether with our employees, customers, or grower partners. Their dedication, hard work, and trust in Calavo enable us to navigate challenges and seize new opportunities. Looking ahead, we are committed to building on this momentum, driving operational excellence, and ensuring that Calavo remains well-positioned for sustainable growth. While challenges will always exist, I remain confident in the strength of our company, the dedication of our team, and the opportunities ahead. We appreciate your continued support and look forward to the year ahead. Sincerely, Lee E. Cole President and Chief Executive Officer CALAVO GROWERS, INC. / 1141A CUMMINGS RD. / SANTA PAULA, CA 93060 / CALAVO.COM
 • shareholder letter icon 2/28/2025 Letter Continued (Full PDF)
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 • stockholder letter icon 2/28/2024 CVGW Stockholder Letter
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CVGW Shareholder/Stockholder Letter Transcript:

&DODYR *URZHUV  ,QF 
         $118$/ 5(3257

Delivering the highest quality products
Integrity     Dependability     Trust
for 100 years

Letterr from
m ourr Chieff Executive
e Officerr
To Our Fellow Shareholders:
As we reflect on the past year, I am proud of the progress we have made in strengthening
Calavo Growers and positioning the company for long-term success. Our team remained
focused on executing our strategy, enhancing operational efficiencies, and delivering value to
our customers, growers, and shareholders.
We took meaningful steps to sharpen our focus on our core businesses, ensuring that we
operate with discipline and agility in an evolving marketplace. Our avocado business
continued to demonstrate resilience, reinforcing our position as a leader in the category. We
also remained committed to growing our guacamole business, leveraging our expertise to
drive improvements and expand opportunities.
As always, we recognize that success is built on a foundation of strong relationships   whether
with our employees, customers, or grower partners. Their dedication, hard work, and trust in
Calavo enable us to navigate challenges and seize new opportunities.
Looking ahead, we are committed to building on this momentum, driving operational
excellence, and ensuring that Calavo remains well-positioned for sustainable growth. While
challenges will always exist, I remain confident in the strength of our company, the dedication
of our team, and the opportunities ahead.
We appreciate your continued support and look forward to the year ahead.
Sincerely,
Lee E. Cole
President and Chief Executive Officer
CALAVO GROWERS, INC. / 1141A CUMMINGS RD. / SANTA PAULA, CA 93060 / CALAVO.COM



shareholder letter icon 2/28/2025 Letter Continued (Full PDF)
 

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