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Mission Produce CEO a finalist for Entrepreneur of the Year

By   /  Thursday, June 17th, 2021  /  Agribusiness, Banking & Finance, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce CEO a finalist for Entrepreneur of the Year

Steve Barnard, the CEO of Mission Produce in Oxnard, is a finalist in the 35th annual Ernst & Young Entrepreneur Of The Year 2021 Greater Los Angeles Award, the accounting and consulting firm announced June 17. Barnard is one of 31 finalists, all of them were selected by an independent panel. The virtual award ceremony Read More →

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Mission Produce earnings up, buoyed by rising avocado consumption

By   /  Friday, June 11th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce earnings up, buoyed by rising avocado consumption

Rising avocado sales helped Mission Produce turn a profit in the second quarter of 2021 after posting a loss a year earlier. The Oxnard-based avocado distributor generated earnings of $7.4 million, or 10 cents per diluted share, for the quarter ended April 30, the company announced on June 10. In the same quarter last year, Read More →

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Mangoes are Mission’s next frontier

By   /  Friday, March 19th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, middle, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mangoes are Mission’s next frontier

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Mission Produce earnings up despite dip in avocado prices

By   /  Thursday, March 11th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce earnings up despite dip in avocado prices

Revenue was down for the second consecutive quarter at Oxnard-based Mission Produce, but net income was on the rise in the first quarter of 2021, according to the company’s March 10 earnings statement. Mission Produce, which is one of the biggest avocado distributors in the world, generate revenue in the first quarter worth $173.2 million, Read More →

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Mission Produce reports earnings drop in first post-IPO filing

By   /  Tuesday, January 19th, 2021  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce reports earnings drop in first post-IPO filing

Revenue and net income took a hit in the fourth quarter of 2020 for Oxnard-based Mission Produce, as the company released its first earnings report on Jan. 19 since its initial public offering in October. Mission Produce reported revenue totaling $206.8 million for the quarter ended Oct. 31, which was an 11% decrease from the Read More →

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It’s “Mission accomplished” for avocado distributor’s IPO

By   /  Thursday, October 1st, 2020  /  Agribusiness, Banking & Finance, Latest news, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on It’s “Mission accomplished” for avocado distributor’s IPO

Mission Produce is going on the offensive in the booming global avocado market, with $75 million in new capital from its Oct. 1 initial public offering. The Oxnard-based global avocado packer and distributor went public at $12 per share, a step down from its initial target of $15-$17 per share. The deal netted $75 million Read More →

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Dubroff: Mission Produce IPO holds lessons for industry, region

By   /  Thursday, October 1st, 2020  /  Agribusiness, Banking & Finance, Columns, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Dubroff: Mission Produce IPO holds lessons for industry, region

Henry Dubroff

UPDATE: Mission Produce began trading on the Nasdaq at 12:16 p.m. on Oct. 1. Follow the stock here. The window for initial public stock offerings rarely opens as wide as it has in the fall of 2020. That’s remarkable given the COVID-19 pandemic, the election campaign and governments racking up debt like crazy. But after Read More →

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