04:45 PM EDT, 03/11/2024 (MT Newswires) -- Calavo Growers ( CVGW ) reported a fiscal Q1 adjusted loss late Monday of $0.01 per diluted share, compared with earnings of $0.05 per share a year earlier.

Net sales for the quarter ended Jan. 31 was $127.6 million, down from $132.8 million a year earlier.

In Q1, Calavo said that the fresh cut business met the requirements to be classified as held for sale and discontinued operations.

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