From Stockstory:



Mission Produce (NASDAQ:AVO) missed analysts’ revenue expectations in Q4 FY2023 with a 8.4% year on year increase to $257.9 million. The non-GAAP profit was $0.11 per share, slightly down from $0.13 per share in the same quarter last year. The company had slight volume misses based on weather-related challenges in Peru, but gross margin was in line and operating expenses were lower than expected. The stock is flat after reporting at $9.57 per share. The revenue grew 8.4% year over year and the company was optimistic about the future. The article concludes with a note on companies with generational shifts in the economy and a link to a paid stock investor research opportunity.



Original: Mission Produce (NASDAQ:AVO) Misses Q4 Sales Targets