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 > guidance

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Comment by abolduc3106on Nov 03, 2015 6:48pm

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Post# 24255383

RE:RE:RE:guidance

Hearing them report Entreprise sales, or contracts worth $250K or more, accounted for 27% of sales for the quarter near the beginning of the call was definitely a pleasant surprise.

They did say that should average out to 20% over the long term, which is apparently the industry norm, but what impresseses me is the progress they've made in that area over the past several quarters.

I guess they can tick that off as one more thing they do better than the competition.

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