Why Calavo Growers Stock Was Falling Today

Shares of Calavo Growers (CVGW -8.78%) were going rotten today after the avocado grower posted a decline in revenue and earnings in its fourth quarter.As a result, the stock was down 7.7% as of 12:54 p.m. ET. Calavo shrivelsCalavo, one of the world's largest producers of avocados, said revenue in the quarter fell 1% to $241.2 million, which missed the consensus at $252.4 million. In its grown segment, which is mostly avocados but also includes other produce like tomatoes, revenue rose 5.6% to $125.7 million ...