Mission Produce, Inc. Reports Unaudited Sales Results for the Three Months and Nine Months Ended July 31, 2021
September 13, 2021 at 04:05 pm EDT
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Mission Produce, Inc. reported unaudited sales results for the three months and nine months ended July 31, 2021. For the three months, the company sold avocados of 167.2 million pounds as compared to 164.2 million pounds a year ago.
For the nine months, the company sold avocados of 493.1 million pounds as compared to 450.3 million pounds a year ago.
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.
MISSION PRODUCE, INC. 
