secwatch.observer — SEC 8-K summary
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Issuer:     Mission Produce, Inc. (AVO)
CIK:        0001802974
Form:       8-K
Filed at:   2026-09-16T20:05:12+00:00
Accession:  0001193125-26-393058
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 2.05
LLM model:  deepseek-v4-flash:cloud@v2

Mission Produce to close 3 facilities, cut jobs in Calavo integration; charges up to ~$15.4M
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- Closing Jacksonville FL Calavo facility; consolidating Swedesboro NJ and Dallas-area ops into one site each.
- Severance/benefits ~$1.4M; accelerated depreciation ~$8.6M; asset retirement obligations ~$5.4M.
- Lease termination costs not yet determinable; total cost estimates to be disclosed in future filings.
- Actions follow May 28, 2026 Calavo acquisition to optimize combined distribution network.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802974/000119312526393058/0001193125-26-393058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802974/000119312526393058/d162936d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-393058

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