Every 8-K that Mission Produce, Inc. (AVO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow AVO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AVO filings page.
Mission Produce, Inc. reports activity under its previously authorized $100 million stock repurchase program. The Board approved this program on June 8, 2026. During the fiscal third quarter to date, the company has repurchased 641,342 shares of its common stock at an average purchase price of $11.27 per share.
Mission Produce reported a weak fiscal Q2 2026 but outlined a much larger, reshaped business. Revenue fell 24% to $290.9 million as average avocado prices dropped 36%, partly offset by 15% volume growth to 191.5 million pounds. Gross profit declined to $20.5 million and the company swung to a net loss attributable to Mission of $7.2 million, or $(0.10) per diluted share, versus income of $3.1 million last year. Adjusted EBITDA dropped to $7.1 million from $19.1 million, reflecting margin compression from low prices and a temporary supply-demand mismatch for core fruit sizes.
Strategically, Mission closed the acquisition of Calavo Growers and expanded capital return plans. On May 28, 2026 it acquired Calavo for approximately $266 million in cash plus 17,530,823 Mission shares, resulting in a combined 88.3 million shares outstanding and $350 million of term-loan debt. The board also authorized a new stock repurchase program of up to $100 million over 36 months, replacing a prior plan with $11.2 million remaining.
Management issued detailed outlook and synergy expectations. For Q3 2026, avocado industry volumes are expected to rise 5–10%, with Mission’s owned Peruvian production of 120–130 million pounds and pricing about 15% below the prior-year $1.75 per-pound average. The company guides consolidated adjusted EBITDA to $28–$32 million for Q3 and $84–$88 million for the second half of fiscal 2026, including partial and then full-quarter contributions from Calavo and early cost synergies. Full-year capital expenditures are now expected to be about $45 million.
Mission Produce, Inc. has completed its previously announced acquisition of Calavo Growers, Inc., creating a larger North American avocado and fresh produce platform. The deal closed on May 28, 2026 through a two-step merger structure, after effectiveness of Mission’s S-4 registration.
Calavo stockholders receive $14.85 in cash plus 0.9790 Mission share for each Calavo share, with total consideration of approximately 17,531,182 Mission shares and $265,922,425 in cash. Mission funded the cash portion with available cash and additional borrowings under its amended and restated credit facilities.
Calavo is now a wholly owned subsidiary; its common stock trading on Nasdaq has been suspended and is being delisted, with deregistration to follow. Mission also added former Calavo board leader Kathleen Holmgren to its own board as a Class III director with a term running to the 2029 annual meeting.
Mission Produce, Inc. filed a report describing a key step in its pending acquisition of Calavo Growers, Inc. The companies have obtained antitrust clearance from Mexico’s Federal Economic Competition Commission, satisfying the Mexican approval condition in their merger agreement. With this clearance in place, they currently expect the merger to close on May 28, 2026, subject to the continued satisfaction of all remaining closing conditions.
The filing also notes that a registration statement on Form S-4, including a joint proxy statement and prospectus for Mission Produce and Calavo shareholders, has become effective, and that definitive materials were mailed on or about March 25, 2026. Investors are directed to review these SEC filings for detailed information and are reminded that statements about the anticipated closing and expected synergies are forward-looking and subject to numerous risks and uncertainties.
Mission Produce held a Special Meeting where stockholders approved issuing new common shares for the planned mergers with Calavo Growers under the January 14, 2026 Merger Agreement, satisfying Nasdaq Listing Rule 5635(a) and potentially 5635(b). As of the March 16, 2026 record date, 70,846,364 shares were outstanding, and 49,834,743 shares, about 70% of those entitled to vote, were represented, establishing a quorum. The share issuance proposal passed with 49,222,202 votes for, 605,041 against, and 7,500 abstentions. An adjournment proposal received 49,075,279 votes for, 751,406 against, and 8,058 abstentions but was not needed because sufficient votes were already obtained. The parties expect to close the mergers in the fiscal quarter ending July 31, 2026, subject to customary closing conditions.
Mission Produce, Inc. reported that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its planned merger with Calavo Growers, Inc. expired at 11:59 p.m. Eastern time on April 17, 2026, satisfying one key regulatory condition for closing. The transaction involves a two-step structure where Calavo will first become a wholly owned subsidiary of Mission Produce and then merge into another Mission Produce subsidiary. The deal still requires Mission Produce stockholder approval, Calavo shareholder approval, and clearance from Mexico’s antitrust authorities, along with other customary closing conditions. Subject to these remaining approvals and conditions, the companies expect to complete the mergers in the fiscal quarter ending July 31, 2026.
Mission Produce, Inc. is providing supplemental information about potential Mexican taxes related to its planned merger with Calavo Growers, Inc. Based on its analysis to date, Mission Produce believes any one-time Mexican transfer tax due after closing the mergers will not exceed $5 million.
The update clarifies previously disclosed risk factors in the joint proxy statement/prospectus for the stockholder votes on the mergers. Mission Produce and Calavo also reiterate standard forward-looking statement and no-offer disclaimers, and direct investors to the existing joint proxy statement/prospectus and related SEC filings for full transaction details.
Mission Produce, Inc. reported the results of its 2026 Annual Meeting of Stockholders held virtually on April 9, 2026. A quorum was present, with 55,659,349 shares represented, or approximately 78.56% of the 70,845,891 shares outstanding and entitled to vote as of February 10, 2026.
Stockholders elected director nominees Stephen J. Barnard, Laura Flanagan, and Linda B. Segre, each receiving over 42.5 million votes in favor. Stockholders also approved, on an advisory basis, the compensation of named executive officers, with 42,038,121 shares voted for and 5,311,570 against.
In addition, stockholders ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2026, with 55,647,654 shares voted for, 7,082 against, and 4,613 abstaining.
Mission Produce, Inc. entered into an Amended and Restated Credit Agreement providing $550 million in senior secured credit facilities with a syndicate led by Bank of America. A portion of the term loans drawn on the Cantaloupe Acquisition Funding Date will fund the purchase of 100% of Calavo Growers, Inc. and refinance certain Calavo debt.
The facilities include a revolving credit facility and Term A-1 loans maturing on April 1, 2031, and Term A-2 loans maturing on April 1, 2033. Initial interest margins range from 1.50% to 2.50% for Term SOFR loans and 0.50% to 1.50% for base rate loans, subject later to a pricing grid tied to Mission’s consolidated total net leverage ratio.
The agreement includes an accordion feature permitting up to an additional $150 million with lender approval, unused commitment fees of 0.175%–0.300% on the revolver, and financial covenants requiring a maximum consolidated total net leverage ratio of 3.50 to 1.00 and a minimum consolidated fixed charge coverage ratio of 1.25 to 1.00. The credit facilities are secured by substantially all assets of Mission Produce and its guarantor subsidiaries.
Mission Produce furnished an updated investor presentation highlighting its pending acquisition of Calavo Growers and recent operating trends. The company positions itself as a leading global avocado platform with about $1.4B revenue and $111M adjusted EBITDA in fiscal 2025, supported by diversified avocado, mango and blueberry operations.
The presentation outlines a definitive agreement to acquire Calavo, targeting pro forma net sales of roughly $2.0B and pro forma adjusted EBITDA of about $177M, including over $25M in run-rate synergies and an expected net leverage ratio near 1.7x at closing. Management aims to more than double pro forma adjusted EBITDA by fiscal 2030, improve free cash flow conversion to above 50% of adjusted EBITDA and reduce capital intensity to roughly 3–4% of revenue. For fiscal first quarter 2026, revenue was $334.2M, volume rose to 181.5 million pounds, adjusted EBITDA increased to $18.5M, net income attributable to Mission was $3.9M, and adjusted net income was $7.3M, reflecting stronger avocado volumes, margin expansion and growth in blueberries and international farming.
Mission Produce reported mixed fiscal Q1 2026 results while advancing its Calavo Growers acquisition. Revenue was $278.6 million, down 17% as avocado prices fell about 30%, partially offset by 14% volume growth. Gross profit held at $31.6 million and gross margin improved to 11.3%.
The company posted a net loss attributable to Mission of $0.7 million, or $(0.01) per diluted share, driven by $7.0 million of Calavo transaction advisory costs. On an adjusted basis, net income was $7.3 million, or $0.10 per diluted share, and adjusted EBITDA rose 5% to $18.5 million.
Marketing & Distribution adjusted EBITDA grew 33% to $12.9 million on higher avocado volumes and better per‑unit margins, while Blueberries adjusted EBITDA fell to $3.3 million due to lower yields and higher production costs. Cash and cash equivalents were $44.8 million and long‑term debt was $97.0 million as of January 31, 2026.
The pending Calavo Growers deal totals roughly $490 million in cash and stock and is expected to close in the fiscal third quarter, with at least $25 million in anticipated annual synergies and expansion into prepared foods. For Q2, the company expects avocado industry volumes up 10–15% and prices 30–35% lower year over year, and plans about $40 million in capital expenditures for fiscal 2026.
Mission Produce, Inc. adopted a shareholder rights plan by entering into a Rights Agreement with Equiniti Trust Company, LLC. The company declared a dividend of one preferred stock purchase right for each share of common stock outstanding at the close of business on February 4, 2026. Each right becomes exercisable if any person or group acquires, or launches a qualifying offer to acquire, 15% or more of the common stock, and then allows the holder to buy one one-hundredth of a share of Series A Junior Participating Preferred Stock at a $63.00 purchase price.
The rights expire on January 21, 2027, unless earlier redeemed by the board for $0.01 per right or exchanged for common shares. If a person becomes an acquiring person, other stockholders’ rights would let them acquire common stock (or, in some cases, stock of an acquiring company) with a market value equal to two times the purchase price, causing substantial dilution to the acquiring holder. Mission Produce has reserved 1,000,000 shares of Series A Preferred for potential issuance and states the plan is designed to ensure all stockholders receive fair and equal treatment in any proposed takeover and to deter coercive or partial bids.
Mission Produce, Inc. agreed to acquire Calavo Growers through a two-step merger in which Calavo shareholders will receive 0.9790 Mission Produce shares plus $14.85 in cash for each share of Calavo common stock, with limited adjustments intended to keep at least 43% of the total value in stock for U.S. tax reorganization treatment. All outstanding Calavo stock options and restricted stock units will vest and be cancelled at closing in exchange for cash based on the agreed merger consideration value, with underwater options expiring without payment. The combined structure includes customary conditions such as shareholder approvals, antitrust clearances, Nasdaq listing of new Mission shares, and effectiveness of a Form S-4. The agreement also provides for mutual non-solicitation covenants, one Calavo director joining Mission’s board, and termination fees, including an approximately $12.87 million fee payable by Calavo in specified competing-offer scenarios and an approximately $15.02 million reverse termination fee payable by Mission if certain closing or regulatory conditions are not met.
Mission Produce, Inc. reported its financial results for the quarter and year ended October 31, 2025, and made these results publicly available through an earnings press release and supporting materials. The company furnished the earnings release as an exhibit and also posted supplemental earnings materials on its website, offering additional detail on performance and financial condition.
These disclosures give investors an overview of how Mission Produce’s business performed over the most recent quarter and full fiscal year, though the specific figures and trends are contained in the attached press release and supplemental materials rather than in this summary document.
Mission Produce is planning a leadership transition set to take effect immediately after its 2026 annual stockholders meeting on April 9, 2026. John M. Pawlowski, currently President and Chief Operating Officer, will become President and Chief Executive Officer at that time. Longtime CEO Stephen J. Barnard will move into the role of Executive Chairman of the Board, succeeding Stephen A. Beebe, who will resign as Director and Chairman as of the same effective date. The company states that Mr. Beebe’s resignation is not due to any disagreement regarding operations, policies, or practices. Linda B. Segre will become Lead Independent Director, and director Bonnie Lind will not stand for re-election at the 2026 annual meeting.
Under his new Employment Agreement effective April 9, 2026, Mr. Pawlowski will receive at least a $750,000 annual base salary, a target annual bonus equal to 100% of base salary (with a maximum of 200%), and eligibility for equity awards, including an initial equity grant valued at $2,000,000 pro-rated for his 2026 CEO service. The agreement also details cash severance multiples, COBRA premium coverage for up to 12 months, and equity vesting terms if his employment ends without cause or for good reason, with enhanced benefits if this occurs around a change in control. Mr. Barnard’s amended agreement keeps prior terms but clarifies vesting of performance-based awards upon certain terminations.
Mission Produce, Inc. (AVO) reported a governance change as its Board of Directors appointed Douglas M. Stone as an independent Class I director, with a term expiring at the Company’s 2027 Annual Meeting of Stockholders, effective November 26, 2025. The Board also increased its size from ten to eleven directors.
Mr. Stone was President of AgriBusiness at J.R. Simplot Company from June 2018 to December 2024 and previously held senior leadership roles at Consolidated Sourcing Solutions and Terra Industries Inc. He will join the Compensation Committee, while Bruce C. Taylor will no longer serve on that committee, each change effective November 26, 2025. Mr. Stone will be compensated under the existing Non-Employee Director Compensation Program and is expected to enter into the Company’s standard director indemnification agreement, and there are no related party transactions requiring disclosure.
Mission Produce, Inc. (AVO) announced that it has posted an updated investor presentation on its website on November 17, 2025. The company plans to use this presentation at the Stephens NASH25 Conference taking place November 18–19, 2025, where certain company officers are scheduled to participate. The same presentation is also attached as Exhibit 99.1 to this Form 8-K and is being furnished rather than filed, meaning it is not automatically incorporated into other Securities Act or Exchange Act filings unless expressly stated.
Mission Produce (AVO) filed an 8-K/A to disclose the separation terms for Juan A. Wiesner, President of Central and South America, whose departure is effective November 1, 2025. The Separation Agreement provides a $375,000 cash severance, comprising $354,462 tied to an incentive program for incorporating a new company under Peruvian law and $20,538 in additional severance.
All outstanding but unvested equity awards remain governed by existing award agreements. The agreement includes confidentiality, non-compete, non-solicit, non-disparagement, and waiver of claims provisions. The agreement is filed as Exhibit 10.1.
Mission Produce, Inc. filed a current report stating that it announced its financial results for the quarter ended July 31, 2025 on September 8, 2025. The company also made a press release and supplemental earnings materials available, including posting the materials on its website.