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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

Comment by skibummon Aug 17, 2016 5:50pm
196 Views
Post# 25151931

RE:a fun challenge

RE:a fun challengeClarence,learn how to read a balance sheet,the last Q results were terrible, debt is increasing,margins are decreasing,and company forced to reduce prices to keep up with competition. Adj EPS missed as .06 vs estimate of .14. 5 Brokerage Houses came out today and most reduced their rating and targets on Avigilon,so they have clearly lost the faith of the investment community. I am long at $20.80 but this is turning into a disaster and we haven't even hit tax loss selling season yet. AF has done nothing but destroyed Investor value and maybe/hoping he can pull a rabbit out of the hat but have my doubts.
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