Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Farm Products

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.

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Mission Produce Inc

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Post by jerinvestoron May 07, 2014 9:55pm

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Post# 22536597

Concerns about management turnover?

https://business.financialpost.com/2014/05/07/canadian-tech-darlings-stock-plummets-over-after-exit-of-third-executive-in-6-months/

"...Avigilon’s shares will likely regain some ground after reeling Wednesday, but not all of it, said Mr. Moschopolous.

“Not the entire selloff was driven by concern about the quarter,” said Mr. Moschopoulous. “It was also driven by concern over management turnover. I think it recoups some of the sell off, maybe not all of it.”

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