Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Farm Products

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 > Wow

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Comment by SergeantTradeon Aug 25, 2016 11:59am

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Post# 25176264

RE:RE:RE:RE:Wow

I hate to make a comparison to Apple, but it's a prime example of how services and software are far outpacing hardware. Apple has begun commenting on their services revenue as highest margin and second largest growing sector in their business.

I would say the same is happening with Avigilon on a smaller scale. And it's also happening with other tech companies.

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