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Mission Produce Inc T.AVO


Primary Symbol: AVO

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.


NDAQ:AVO - Post by User

Bullboard Posts
Post by calgary911on Aug 07, 2014 5:54pm
294 Views
Post# 22819984

CEO says will see 20-25% ebitda by 2016

CEO says will see 20-25% ebitda by 2016said needed to spend to hire more staff now to penetrate markets so as to  pay off longer term on bottom line.

What negatives do folks take away from the report and CC, other than that they missed on 16 cents estimated earnings?
Bullboard Posts