ADDED
As of April 30, 2025, the aggregate market value of the registrant s common stock held by non-affiliates of the registrant was approximately $ 496 million, based on the closing price of the registrant s common stock on the Nasdaq Global Select Market on April 30, 2025 of $10.48 per share.
As of December 1, 2025, the registrant had 70,569,517 shares of common stock at $0.001 par value outstanding.
Blueberries consists of farming activities that include cultivating early-stage blueberry plantings and harvesting mature bushes.
Substantially all blueberries produced are sold to a single distributor under an exclusive marketing agreement.
As of October 31, 2025, our approximate international avocado planted acreage, by age and rounded to the nearest hundred, was as follows: Avocado Acreage by Age Country 0-3 years 4-6 years 7 years Total Peru 3,200 6,400 9,600 Guatemala 1,100 500 1,600 Total 1,100 3,700 6,400 11,200 We are also involved in the farming of other fruits on a limited scale.
While we do not market blueberries, our investment in the joint venture further allows us to leverage labor and facility investments in Peru.
People As of October 31, 2025, we had approximately 3,800 employees located worldwide, of which, 2,100 were located in Peru, 800 were located in Mexico, 500 were located in the U.S., 300 were located in Guatemala and 100 were located in the U.K.
We generally do not have long-term contracts with suppliers or customers, and therefore they may direct all or a portion of their business to a competitor at any time.
Fuel and transportation costs are a significant operating expense component and also make up a meaningful portion of the price of much of the fruit that we purchase from growers.
Sales to our top 10 customers amounted to approximately 67% of net sales for the year ended October 31, 2025, 69% for the year ended October 31, 2024, and 65% for the year ended October 31, 2023.
REMOVED
As of April 30, 2024, the aggregate market value of the registrant s common stock held by non-affiliates of the registrant was approximately $ 512 million, based on the closing price of the registrant s common stock on the Nasdaq Global Select Market on April 30, 2024 of $11.35 per share.
As of December 2, 2024, the registrant had 70,914,767 shares of common stock at $0.001 par value outstanding.
Operations are principally located in Peru, with smaller operations emerging in other areas of Latin America.
Blueberries is a farming operation that cultivates blueberry plants in Peru.
The entity farms high-quality varieties of blueberries, and has plants in various stages of development, from seedling to mature.
As of October 31, 2024, our approximate international avocado planted acreage, by age and rounded to the nearest hundred, was as follows: Avocado Acreage by Age Country 0-3 years 4-6 years 7 years Total Peru 500 2,700 6,400 9,600 Guatemala 1,600 200 1,800 Colombia (1) 900 1,100 2,000 Total 3,000 4,000 6,400 13,400 (1) Acreage in Colombia is farmed through a joint venture.
We are also involved in the farming of other fruits on a limited scale.
We have also invested in a blueberry farming joint venture, Moruga.
While we do not market blueberries, our investment in Moruga further allows us to leverage labor and facility investments in Peru.
People As of October 31, 2024, we had approximately 3,100 employees located worldwide, of which, 1,500 were located in Peru, 700 were located in Mexico, 500 were located in the U.S., and 400 were located in other regions such as Guatemala, the U.K., Europe and Canada.