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AVO Mission Produce Inc

12.40
0.00 (0.00%)
Pre Market
Last Updated: 09:09:53
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mission Produce Inc NASDAQ:AVO NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.40 4.99 19.71 0 09:09:53

Stocks to Watch: Nike, AAR, Mission Produce

21/12/2023 11:58pm

Dow Jones News


Mission Produce (NASDAQ:AVO)
Historical Stock Chart


From Nov 2023 to May 2024

Click Here for more Mission Produce Charts.

By Ben Glickman

 

Nike now expects revenue to rise 1% for the full year ending in May, compared with previous expectations of mid-single digit growth. The company said it expects revenue in the current quarter to fall slightly, after reporting second-quarter revenue in line with Wall Street's estimates and announcing $2 billion in cost cuts over three years. Shares fall 11% to $108.86 after-hours.

AAR's profit rose slightly in the fiscal second quarter but missed analysts' estimates. The company's sales sank under 1% from a year ago despite higher demand in the aviation services company's parts supply business. Shares fall 3.8% to $68.10 after-hours.

Mission Produce said it is expecting slightly lower volumes of avocados in the current quarter due to a light Mexican harvest, as well as a slight sequential decline in selling price. The company swung to a profit in the fiscal fourth quarter, boosted by higher prices. Shares fall 3.1% to $9.27 after-hours.

 

Write to Ben Glickman at ben.glickman@wsj.com

 

(END) Dow Jones Newswires

December 21, 2023 18:43 ET (23:43 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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