Mission Produce Rides on Price Volatility: Can it Sustain Growth?

Key Takeaways AVO's Q1 revenues rose 29% Y/Y, fueled by higher avocado prices and growing mango and blueberry sales. Tight Mexican supply raised prices but cut margins due to co-packers and spot market reliance. AVO eyes higher Peruvian volumes and product diversification to offset pricing dips and sustain.Mission Produce Inc. (AVO) , a global avocado leader, has navigated price swings by leveraging its vertically integrated model. With sourcing spread across Mexico, Peru, Colombia and Guatemala, and cont ...