Fly News Breaks for June 6, 2016
CVGW
Jun 6, 2016 | 15:12 EDT
Lake Street analyst Chris Krueger said Calavo easly beat his Q2 earnings estimate, despite lower avocado pricing, driven by volume growth and avocado volumes that were up 16%. The analyst expects investors to be attracted to Calavo's faster growth segments driven by higher sales and margins in the coming years and reiterates his Buy rating.
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