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.

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Post by grinder1on Oct 24, 2017 2:11pm

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Post# 26851608

Down Draft

I think its just people taking profits as its up over 40% for the year and this just gave them a reason to sell. I'm not concerned. Remember when Alex was doing all the jobs as a CEO, everyone reporting to him. This is a good change because he is confident that James Henderson can do the job whereas he would have fired him like the other guys.

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