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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 dudsywowon Nov 04, 2015 4:39pm
213 Views
Post# 24259471

Revenue Growth

Revenue GrowthWhile the anal-ysts seem to be jumping all over revenue growth, I'd suggest anyone plot their monthly revenues... pretty much a straight line upward since Sept 2012.  So while % year-over-year numbers are getting lower, the absolute $ growth has been very consistent.  Similar to the China story where 10% GDP growth on a $1T economy ($100B growth) 15 years ago and now people are completely freaking out about 6.5% growth on a $10T economy ($650B growth).

Gross margins remain very strong.

The only negatives I can see are Fx tailwinds that have been helping that growth along and soft forward guidance.  Doesn't seem like enough for such a beat-down however sentiment can remain bad for long.

I sold 2/3 of my position earlier this year and have held a very small amount (1000 shares) through til now.  I guess I'm trying to think through whether now is the time to add or not.
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