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 sources, produces, packs, and distributes fresh Hass avocados, with additional offerings in mangos and blueberries, for retail, wholesale, and foodservice customers. Company updates commonly center on fiscal results, avocado volume and pricing dynamics, Marketing & Distribution activity, International Farming performance from owned orchards, and value-added services such as ripening, bagging, custom packing, and logistical management across its global distribution network.
Recurring corporate developments include shareholder voting matters, capital-structure disclosures, material agreements, and governance actions such as the company's limited-duration stockholder rights plan. Updates also cover packing facilities, sourcing regions, forward distribution centers, and operating trends tied to year-round fresh fruit supply.
Mission Produce (AVO) reported fiscal Q3 2026 revenue of $450.0 million, up 26% year over year, on 38% avocado volume growth.
The company posted a net loss attributable to Mission of $6.5 million, or $(0.08) per diluted share, versus income of $14.7 million a year ago, driven by $25.4 million of Calavo acquisition-related pre-tax costs. Adjusted net income was $15.0 million, or $0.18 per diluted share, down from $18.2 million. Gross profit was $44.7 million and gross margin declined 270 bps to 9.9% of revenue. Adjusted EBITDA was $32.4 million, roughly flat with $32.6 million last year.
Management increased the annualized Calavo synergy outlook to more than $30 million and reaffirmed second-half fiscal 2026 adjusted EBITDA guidance of $84–$88 million, implying Q4 adjusted EBITDA of about $52–$55 million. The Calavo deal closed May 28, 2026, with Mission issuing 17,530,762 shares and paying about $267 million in cash. Full-year fiscal 2026 capital expenditures are expected to be about $45 million.
Mission Produce (NASDAQ: AVO) announced it will release financial results for its fiscal third quarter ended July 30, 2026, after market close on Tuesday, September 8, 2026. The company will host a conference call and live webcast to discuss the results at 5:00 PM Eastern Time the same day, with live phone access, a replay available through September 22, 2026, and an archived webcast on its Investor Relations website.
Mission Produce (NASDAQ: AVO) will host an Investor Day in New York City on Thursday, October 8, 2026, starting at 10:00 a.m. ET. The event will cover strategic priorities and long-term growth plans after the Calavo Growers acquisition and John Pawlowski’s transition to CEO.
Presentations from senior leadership and a question-and-answer session are planned. A live webcast and replay will be accessible via the company’s investor relations website at https://investors.missionproduce.com.
Mission Produce (NASDAQ:AVO) reported fiscal Q2 2026 results and strategic actions. Revenue was $290.9 million, down 24% year over year, with avocado volume up 15%. The company posted a $7.2 million net loss, adjusted net income of $0.8 million, and adjusted EBITDA of $7.1 million.
Mission completed the Calavo Growers acquisition on May 28, 2026 and announced a new $100 million share repurchase program over 36 months. For Q3, adjusted EBITDA is expected at $28–$32 million, and second-half 2026 adjusted EBITDA at $84–$88 million.
Mission Produce (NASDAQ: AVO) completed its acquisition of Calavo Growers, creating a larger North American avocado and fresh produce platform. The deal makes Calavo a wholly owned subsidiary and strengthens Mission’s vertically integrated network, adding tomatoes, papayas and value-added prepared foods, including guacamole.
Calavo stockholders receive $26.05 per share, including $14.85 in cash and 0.9790 Mission shares (based on a $11.44 Mission share price on May 27, 2026). Calavo shares are expected to be delisted from Nasdaq by June 8, 2026.
Mission Produce (NASDAQ: AVO) will release fiscal second quarter 2026 results for the period ended April 30, 2026, after the market closes on Monday, June 8, 2026.
The company will host a conference call and live webcast at 5:00 PM Eastern Time, with replay options available.
Mission Produce (NASDAQ: AVO) and Calavo Growers (NASDAQ: CVGW) reported that Mexico’s Federal Economic Competition Commission (COFECE) granted antitrust clearance for Mission Produce’s pending acquisition of Calavo.
This approval fulfills the Mexican antitrust closing condition, and, assuming remaining conditions are satisfied, the companies expect the merger to close on May 28, 2026.
Mission Produce (NASDAQ: AVO) reported fiscal Q1 2026 results with $278.6M revenue (down 17%), 14% avocado volume growth, and gross margin of 11.3% (up 190 bps). GAAP net loss was $(0.7M) including $7.0M transaction advisory costs. Adjusted net income was $7.3M and Adjusted EBITDA was $18.5M (+5%). Mission announced a pending acquisition of Calavo for ~$490M consideration, targeting at least $25M annual synergies and an expected close in fiscal Q3 2026.
Cash was $44.8M, Q2 industry outlook calls for 10–15% higher avocado volumes and 30–35% lower pricing year-over-year; FY2026 capex expected ~$40M.
Mission Produce (NASDAQ: AVO) will release fiscal first quarter 2026 results for the period ended January 31, 2026 after market close on Thursday, March 12, 2026.
The company will host a conference call and live webcast at 5:00 PM ET on March 12, 2026. Dial-in numbers, replay details (available through March 26, 2026) and a webcast link are provided for investors.
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).