{"schema_version":"secwatch.filing_event.v1","accession":"0001802974-23-000028","form_type":"8-K","ticker":"AVO","cik":"0001802974","company_name":"Mission Produce, Inc.","filed_at":"2023-09-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.308418+00:00","generated_at":"2026-06-10T21:48:23.919512+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mission Produce Q3 rev down 17% to $261.4M, adj EPS $0.15; cuts Peru volume outlook","bullets":["Revenue $261.4M (-17% YoY); net income $6.6M ($0.09 diluted) vs $18.4M ($0.26); adj. net income $10.3M ($0.15) vs $18.9M ($0.27).","Adjusted EBITDA fell 33% to $21.2M, pressured by lower International Farming margins and reduced Peruvian volumes due to weather.","Avocado volume up 23% YoY, but average price down 33%; Marketing & Distribution segment EBITDA up 4% to $16.1M on higher volume.","International Farming sales down 41% to $38.2M, segment EBITDA down 70% to $4.9M on lower farm-gate pricing.","Board authorized up to $20M stock repurchase over 36 months; Q4 outlook: pricing up ~10% YoY, own-farm export volume revised to 105-115M lbs."],"urls":{"canonical":"https://secwatch.observer/filing/0001802974-23-000028","json":"https://secwatch.observer/filing/0001802974-23-000028.json","markdown":"https://secwatch.observer/filing/0001802974-23-000028.md","text":"https://secwatch.observer/filing/0001802974-23-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802974/000180297423000028/0001802974-23-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802974/000180297423000028/avo-20230911.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T21:48:23.919512+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d84e4aa7a8fb7485dc52397566a5f5cfbd6e5df3","claim":"Mission Produce, Inc. reported fiscal third quarter ended July 31, 2023 results: revenue $261.4 million, net income $6.6 million, EPS $0.09 per diluted share.","evidence_excerpt":"today reported its financial results for the fiscal third quarter ended July 31, 2023. Fiscal Third Quarter 2023 Financial Overview: • Total revenue decreased 17% to $261.4 million compared to the same period last year driven by a continuation of a normalizing environment where higher industry volumes are being more than offset by lower pricing from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802974/000180297423000028/0001802974-23-000028-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal third quarter ended July 31, 2023"},{"label":"Revenue","value":"$261.4 million"},{"label":"Net income","value":"$6.6 million"},{"label":"EPS","value":"$0.09 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}