Welcome to our dedicated page for Mission Produce news (Ticker: AVO), a resource for investors and traders seeking the latest updates and insights on Mission Produce stock.
Mission Produce, Inc. (NASDAQ: AVO) regularly issues news and updates that reflect its role in the global fresh produce industry, particularly in Hass avocados, mangos and blueberries. Company news often highlights financial performance, strategic initiatives and developments in its vertically integrated platform spanning growing, sourcing, packing, marketing and distribution.
Investors following AVO news can expect detailed earnings announcements each quarter, including discussions of revenue trends, avocado volumes, segment performance across Marketing & Distribution, International Farming and Blueberries, and non-GAAP metrics such as adjusted net income and adjusted EBITDA. These releases frequently explain how harvest conditions, pricing dynamics and sourcing from regions like Mexico and Peru influence results.
Mission Produce’s news flow also covers strategic and corporate actions. Recent communications include a definitive agreement to acquire Calavo Growers, Inc., described as a transaction intended to expand Mission’s North American avocado business, diversify its portfolio into additional fresh produce categories and represent an entry into the prepared food segment, subject to regulatory and shareholder approvals. Other announcements address leadership succession, with plans for the company’s President and Chief Operating Officer to become Chief Executive Officer and the co-founder transitioning to Executive Chairman, as well as board refreshment with new independent directors who bring experience in food, agriculture and consumer sectors.
Operational updates in Mission Produce news may discuss capital expenditure programs, packhouse construction in Guatemala, orchard development and the impact of harvest seasons on avocado and blueberry volumes. For readers tracking AVO, this news page provides a centralized view of the company’s financial disclosures, governance changes and strategic moves within the global fresh produce market.
Mission Produce (Nasdaq: AVO) adopted a limited duration stockholder rights plan effective January 21, 2026, expiring January 21, 2027 (company may extend). The plan was adopted after an accumulation of common stock by strategic investor Globalharvest Holdings Venture Ltd. and is intended to promote fair treatment of stockholders and reduce the likelihood of control by open-market accumulations without a control premium.
One right will be distributed per common share held of record on February 4, 2026. Under certain circumstances rights permit purchase of 1/100th of a Series A Junior Participating Preferred share at an exercise price of $63.00; rights trigger if a person or group acquires 15% (includes synthetic ownership).
Mission Produce (NASDAQ: AVO) agreed to acquire Calavo Growers in a cash-and-stock transaction announced Jan 14, 2026, valuing Calavo at ~$430 million. Calavo shareholders will receive $27.00 per share composed of $14.85 cash plus 0.9790 Mission shares; the price is ~26% premium to Calavo’s 30-day VWAP. The deal is expected to close by end of August 2026, subject to approvals, and would leave Mission shareholders owning ~80.3% of the combined company. Expected annualized cost synergies: $25 million within 18 months.
The combination expands Mission’s Mexico packing footprint to four houses and enters Mission into prepared foods and broader produce categories.
Mission Produce (NASDAQ: AVO) reported fiscal 2025 results on Dec 18, 2025, with record full‑year revenue of $1.39 billion, up 13% year‑over‑year, and volume growth of 7%.
Key metrics: Q4 revenue $319.0M, Q4 adjusted EBITDA $41.4M (+12%), full‑year adjusted EBITDA $110.8M (+3%), owned exportable production sold +144% to 105M lbs, and consolidated net income attributable to Mission of $37.7M for FY25.
Cash and liquidity: cash $64.8M as of Oct 31, 2025; the company reported nearly $180M of operating cash flow over the past two years and expects FY26 capex to decline to ~$40M. Leadership: founder Steve Barnard will transition to Executive Chairman and John Pawlowski will become CEO at the April 2026 annual meeting.
Mission Produce (NASDAQ: AVO) announced a planned leadership succession and Board refreshment to take effect around its 2026 Annual Meeting. John Pawlowski will become CEO at the close of the Annual Meeting in April 2026; founder Steve Barnard will transition to Executive Chairman. The company cited two consecutive years of strong performance and the completion of a multi-year capital expenditure cycle as context for the change. Mission added three independent directors in 2025—Michael Sims (May 2025), Laura Flanagan (June 2025) and Douglas Stone (Nov 2025)—and named Linda Segre Lead Independent Director. Long-time Board Chair Stephen Beebe will retire and Bonnie Lind will not stand for reelection at the 2026 meeting.
Mission Produce (NASDAQ: AVO) will release fiscal fourth quarter results for the period ended October 31, 2025 after market close on Thursday, December 18, 2025. The company will host a conference call and live webcast at 5:00 PM Eastern Time the same day to discuss results.
Phone access is available at (877) 407-9039 (U.S.) or (201) 689-8470 (international). A replay is available through January 1, 2026 at (844) 512-2921 or (412) 317-6671 with passcode 13751793. The live webcast and archived replay will be available in the News & Events section of the company's investor relations site at https://investors.missionproduce.com/.
Mission Produce (NASDAQ: AVO) appointed Douglas M. Stone to its Board of Directors, effective November 26, 2025, expanding the Board from ten to eleven directors.
Stone joins as an independent Class I director with a term expiring at the Company’s 2027 Annual Meeting of Stockholders and was named to the Compensation Committee effective the same date; Bruce C. Taylor will no longer serve on that committee.
Stone most recently served as President of AgriBusiness at J.R. Simplot Company (June 2018–Dec 2024) and holds an MBA from the University of South Dakota and a BBA in Marketing from the University of Iowa.
Mission Produce (NASDAQ: AVO) reported strong fiscal Q3 2025 results, with total revenue increasing 10% to $357.7 million. Net income reached $14.7 million ($0.21 per diluted share), up from $12.4 million in the same period last year. The company's performance was driven by effective management of Peruvian production and strategic global distribution.
Key financial highlights include a 22% increase in gross profit to $45.1 million, with gross profit percentage rising 120 basis points to 12.6%. Adjusted EBITDA grew 3% to $32.6 million. The Marketing & Distribution segment saw a 7% revenue increase to $344.1 million, while International Farming segment sales surged 79% to $49.0 million.
For Q4 2025, Mission expects avocado industry volumes to be approximately 15% higher than the previous year, with pricing projected to be 20-25% lower compared to Q4 2024's $1.90 per pound average.
Mission Produce (NASDAQ: AVO), a leading global supplier of fresh Hass avocados, has scheduled its fiscal third quarter 2025 financial results release for September 8, 2025, after market close.
The company will host a conference call and webcast at 5:00 PM Eastern Time on the same day. Investors can access the call by dialing (877) 407-9039 (US) or (201) 689-8470 (International). A replay will be available until September 22, 2025. The webcast will be accessible through the company's Investor Relations website.
Mission Produce (NASDAQ: AVO), a leading global Hass avocado company, announced the retirement of Juan Wiesner, President of Central and South America, effective November 1, 2025. During his 14-year tenure, Wiesner significantly expanded Mission's international presence, particularly in Peru and Guatemala, developing over 6,500 plantable hectares of avocados, mangos, and blueberries.
The company named Simón González as successor, promoting him to Senior Vice President, International Farming. González, a 13-year Mission veteran with over 20 years of agribusiness experience, currently leads post-harvest and packing operations. In his new role, he will oversee agricultural production and packing operations across Peru and Guatemala.
Mission Produce (NASDAQ: AVO), a global leader in Hass avocados, has appointed Laura Flanagan to its board of directors as an independent Class III director, effective June 30, 2025. The appointment expands the board from nine to ten directors, with Flanagan's term set to expire at the Company's 2026 Annual Meeting of Stockholders.
Flanagan brings over 25 years of leadership experience in the food and beverage industry. She most recently served as CEO of Ripple Foods and previously led Foster Farms. Her career includes leadership roles at ConAgra Brands, PepsiCo, and General Mills. She currently serves on the board of Performance Food Group (NYSE: PFGC) and holds an MBA from Stanford Graduate School of Business.
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