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 > Anyone listen to the conference call?

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Comment by wucheron Aug 15, 2016 7:31pm

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RE:Anyone listen to the conference call?

Recurring phrases "in the long-term" and "over time".

Makes me think of the old adage ... "in the long term, we all die ". I wish I had known, before investing, that Fernandes has no concern for the current generation of investors. Didn't hear anything that would give hope for the coming quarters .... but in 5 years... who knows . Will start working out, so that maybe I'll still be around.

Yes he did reaffirm that they are still targeting $500M run-rate by the end of this year, but doubt he will be turning his attention to EPS anytime soon.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?