Mission Produce(TM) Announces Fiscal 2023 Fourth Quarter Financial Results
OXNARD, Calif., Dec. 21, 2023 (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 October 31, 2023.
- OXNARD, Calif., Dec. 21, 2023 (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 October 31, 2023.
- Gross profit increased $0.9 million in the fourth quarter of fiscal 2023 compared to the same period last year, to $27.8 million and gross profit percentage decreased 50 basis points, to 10.8% of revenue.
- Total segment sales in the International Farming segment increased by 1% in the fourth quarter of fiscal 2023 compared to the same period last year.
- As previously announced, the Company will host a conference call to discuss its fourth quarter of fiscal 2023 financial results today at 5:30 p.m.