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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Post by jumbo8888on May 07, 2014 8:35pm

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Post# 22536323

a very interesting day.

Interesting day.

1) Organic revenue is down. last three quarters are 50-60 million flat. Q12014 includes aquisition revenue for like 10 weeks. Seasonality was the explanation.
2) When was Caldwell hired? (job wasnt on their website at c/c time) c/c answer was "immediately",
3) Unique reason for CFO departure. Nobody thought to call Brad and see what was up?

A good whipsaw. I'm sure a lot of the Toronto institutions that bought the latest round are happy today wasn't month end.

TIme to sit back and watch it settle out. GLTA

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