Strong top and bottom-line results driven by ongoing strength of the Marketing & Distribution segment Operating cash flow for full year fiscal 2024 increased by $64.2 million versus fiscal 2023 OXNARD, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ:AVO) ("Mission" or the "Company"), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today reported its financial results for the fiscal fourth quarter ended O ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________ FORM 8-K _____________ CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 5, 2024 MISSION PRODUCE, INC. (Exact name of Registrant as specified in its charter) _____________ Delaware 001-39561 95-3847744 | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------|----------------------|--------- ...

Declining agriculture commodity prices, and elevated input and labor costs created a difficult backdrop for agriculture stocks in 2024. However, demand from growing consumer awareness for healthier, natural food products provided support to the sector. The sector’s focus on innovation from production to processing, developing high-quality ingredients while reducing the use of chemicals and pesticides and wastage, is bearing fruit. The adoption of alternative agricultural technologies like hydroponics and ve ...

Shares of Mission Produce, Inc. (AVO) have rallied 30.8% so far in 2024, marking significant growth against the agriculture operations industry’s decline of 7.9%. The stock has also outperformed the Consumer Staples sector and the S&P 500’s rise of 4.3% and 27.7%, respectively, year to date.The AVO stock has also shown remarkable growth compared with its industry peers like Corteva (CTVA) and Limoneira Co.’s (LMNR) gains of 23% and 29.7%, respectively, in the year-to-date period. Additionally, the company h ...

OXNARD, Calif., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or “the Company”) a world leader in sourcing, producing, and distributing fresh Hass avocados, today announced the implementation of a policy aimed at addressing illegal deforestation associated with avocado farming in Michoacán, Mexico. “Illegal deforestation in Michoacán, where a significant majority of Mexico’s overall avocado production is from, is an important issue to our Company and our stakeholders,” sai ...

Searching for stocks whose prices are fluctuating within a specific band, or in other words, picking breakout stocks, is an active investing approach. When selecting breakout stocks, it’s advised to sell if the price dips below the lower band and consider holding for potential gains if the price surpasses the upper band.To that end, Mission Produce, Inc. (AVO) , BGC Group, Inc. (BGC) and Nu Holdings Ltd. (NU) have been selected as the breakout stocks for today.Zeroing in on Breakout StocksTo select the righ ...

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Is Mission Produce, Inc. (AVO) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Mission Produce, Inc. is a member of our Consumer Staples group, which includes 184 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the in ...

Have you been paying attention to shares of Mission Produce, Inc. (AVO) ? Shares have been on the move with the stock up 7.7% over the past month. The stock hit a new 52-week high of $13.77 in the previous session. Mission Produce, Inc. has gained 32.3% since the start of the year compared to the 5.5% move for the Zacks Consumer Staples sector and the -6% return for the Zacks Agriculture - Operations industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

OXNARD, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today provided a business and financial performance update for the fiscal fourth quarter ended October 31, 2024 ahead of its participation in upcoming investor events. The Company expects to release its fiscal fourth quarter and full year 2024 results, along with its ...