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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
Comment by LTOWNERon Jul 12, 2014 7:48am
274 Views
Post# 22739088

RE:New Value Line Article After the Close

RE:New Value Line Article After the CloseYes - a must read.   "Major player in a fast growth industry ... market was around $12.6 billion in 2012, and will rocket to around $23 billion in 2016."

"After a banner 2013, when Avigilon’s sales soared 78% and earnings more than doubled, 2014 first-quarter results did not disappoint as sales jumped 74% and net income nearly tripled. Product introductions and the integration of recent acquisitions, combined with a large increase in the sales force, ought to deliver similar results over the balance of 2014. And with new technology and economies of scale likely to make the company’s offerings more attractive over the long haul, we expect very rapid earnings growth to persist for years. Indeed, the company’s goal is an annual run-rate of $500 million in sales by the end of 2016."
Bullboard Posts