FDP News and Press, Fresh Del Monte Produce Inc. From 10/28/20

-Company announces $100 million asset sales program and increases quarterly cash dividend- -Generated improved cash flow, and reduced long-term debt by $76.0 million since the end of 2019- -Strides in the growth of the fresh and value-added products business segment- ...

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"China has purchased approximately 71% of its farm purchases target for 2020," according to an interim report on agricultural trade from U.S. trade representative."They have purchased $23.6B in agricultural products so far this year, substantially more than the base year of 2017, and should e...

Fresh Del Monte Produce Inc. (NYSE: FDP), today announced that it will issue a press release on its third quarter 2020 results prior to the market opening on Wednesday, October 28, 2020 and will host its quarterly conference call that day at 10:00 a.m. Eastern Time to discuss the Compan...

Mission Produce is the leader in sourcing and distribution of avocados. This looks like a very promising position, but it seems that the company is largely a commodity play. I am compelled to some lower valuations here, yet have no conviction yet to initiate a position. For ...

If you were waiting for an avocado IPO, your dreams are becoming reality. Alas, the company, Mission Produce, does not look particularly appetizing. If you're looking to invest in avocados, Mexican food, or Millennial grocery trends, there are better options. For further det...

Fresh Del Monte was able to keep the damage very limited in the first half of the year as the company remained profitable and free cash flowing. The share buyback program was restarted, and FDP isn't wasting time buying more of its own stock. Seasonality means H2 2020 will be subs...

Mission Produce has filed terms for its U.S. IPO. The firm produces and sells avocados in more than 25 countries. AVO is well positioned to take advantage of the growth opportunity in China and the IPO appears reasonably priced, so is worth looking at. For further details se...

Mission Produce (AVO) to issue 6.25M common shares and selling stockholders to issue 3.125M common shares at an expected price range of $15 - $17.Underwriters' over-allotment is an additional ~1.41M shares.The company intend to use the net proceeds for working capital and other general corpor...

With a long trajectory in sustainability, and having recently achieved carbon neutral farms, the company is honored at PR Daily’s 2020 Corporate Social Responsibility Awards taking home the win for Green and Environmental Stewardship Fresh Del Monte Produce has been honored fir...