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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 abolduc3106on Jul 30, 2015 10:06am
122 Views
Post# 23975479

RE:RE:BMO on AVO

RE:RE:BMO on AVOI'm guessing it might have something to do with part of the revenue being taxed at higher rates in some of the foreign jurisdictions where Avigilon operates, but that's something a little financial engineering and changes to tax planning should solve pretty easily.

The General Business Corporate tax rate for 2015 in B.C. is 26%.

https://www.wolrigemahon.com/tax-rates/

The CFO did say that analysts should be using 27% as their going assumption for the future.
Bullboard Posts