Calavo Growers, Inc. (NASDAQ:CVGW) Q2 2022 Earnings Conference Call June 2, 2022 5:00 PM ET
Company Participants
Julie Kegley - IR
Brian Kocher - President and CEO
Conference Call Participants
Eric Larson - Seaport Research
Mitch Pinheiro - Sturdivant and Company
Ben Klieve - Lake Street Capital Markets
Operator
Good afternoon, and welcome to the Second Quarter 2022 Calavo Growers Earnings Conference Call and Webcast. All participants will be in listen-only mode. [Operator Instructions]
I will now turn the conference over to your host Julie Kegley, Investor Relations for Calavo. You may begin.
Julie Kegley
Good afternoon, and thank you for joining us today to discuss Calavo Growers' financial results for the second quarter of 2022. This afternoon, we issued our earnings release and it is available in the Investor Relations section of our website at ir.calavo.com. With me on today's call is Brian Kocher, President and Chief Executive Officer of Calavo. We will begin with his prepared remarks and then open up the call for your questions.
Before we begin, I would like to remind you that today's comments will include forward-looking statements under Federal Securities Laws. Forward-looking statements are identified by words such as will, be, intend, believe, expect, anticipate, or other comparable words and phrases. Statements that are not historical facts, such as statements about expected improvements in revenue and operating profit are also forward-looking statements. Our actual results may vary materially from those contemplated by such forward-looking statements. Discussions of the factors that could cause a material difference in our results compared to these forward-looking statements are contained in our SEC filings, including reports on Form 10-K and 10-Q.
With that, I will now turn the call over to Brian Kocher.
Brian Kocher
Thank you, Julie, and good afternoon everyone. We appreciate you joining us today.
Let me start off right away with how proud I am of the progress we made in the sequential quarter-over-quarter improvement we delivered in Q2. We are focused on the right initiatives and making the necessary changes in our organization to deliver results.
In fact, the quarter has been very busy in terms of improving our business and our future. I'd like to highlight four of the most significant accomplishments. In April, we announced plans to reorganize our leadership and business segments to clarify roles, authorities, and accountabilities. As a result, we believe we have strengthened our ability to execute Project Uno and to realize resulting customer service and efficiency improvements.