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 abolduc3106on Aug 07, 2014 4:50pm

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Post# 22819764

R&D Expense up $2.05M or 87% from Q2 2013

And up $1.731M, or 65% from last Q.

Not only do you need sales staff out there, but you also need to keep your products relevent.

Cash flow from operations is up, overall, results are good, although I was hoping for better, and they're spending money in the right places.

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