Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Packaged Foods

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

Mission Produce Inc

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Comment by MikeySwooshon Apr 28, 2015 8:18pm

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Post# 23674110

RE:Q1

I know Alex and Wan suggested little to no growth compared to Q4, but given the CAD averaged about .88 versus the USD during Q4, and about .80 versus the USD during Q1, I would personally be pretty disappointed if we see revenue in the $78M range. I guess as long as the numbers don't disappoint the street, that's really all that counts. That said, it is looking like this isn't setting up to be a buy the rumor sell the news quarter, as AVO has been under pressure, so if revenue was relatively flat prior to the forex gain, I think we could see a nice rally following the earnings' release. GLTA

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