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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

Post by justlogicalon Nov 04, 2015 12:15pm
203 Views
Post# 24258212

Mistake

MistakeThe quarter was solid but one has to wonder why AVO management and board would implement guidance without a stunning future quarter to pull forward. Why begin guidance without good news - there was no reason to start guidance. This was a mistake and makes me curious as to what is discussed in the boardroom before making decsions.

Sorry but it isnt just AF's fault. There is supposed to be a board in place that challenges management and acts on the behalf of all shareholders. This is clearly not happening. 

Disappointing that a company with such promise continues to make very amateur poorly thought out mistakes. 
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