---
schema_version: "secwatch.filing_event.v1"
accession: "0001802974-23-000036"
form_type: "8-K"
ticker: "AVO"
cik: "0001802974"
company_name: "Mission Produce, Inc."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:18:26.940901+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mission Produce Q4 revenue $257.9M (+8% YoY), adj. EPS $0.11; guides Q1 pricing up ~15% YoY

## Summary
- Q4 net income $4.0M ($0.06 EPS) vs net loss $42.0M a year ago; adjusted net income $7.5M ($0.11).
- Full year revenue $953.9M (down ~9% YoY); adjusted EBITDA $48.4M (+2%); net loss improved to $2.8M.
- Marketing & Distribution segment adj. EBITDA up 170% to $10.8M; International Farming down 91% to $1.1M on El Niño.
- Blueberries segment net sales +88% YoY; segment adj. EBITDA +440% driven by higher pricing and volume.
- Q1 FY2024 outlook: industry avocado volumes slightly lower YoY; pricing expected ~15% higher YoY vs $1.14/lb.

## SEC filing metadata
- accession: 0001802974-23-000036
- form_type: 8-K
- ticker: AVO
- cik: 0001802974
- company_name: Mission Produce, Inc.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802974/000180297423000036/0001802974-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802974/000180297423000036/avo-20231221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001802974-23-000036
- JSON: https://secwatch.observer/filing/0001802974-23-000036.json
- Plain text: https://secwatch.observer/filing/0001802974-23-000036.txt

## Key facts
- Earnings Releases
  Mission Produce, Inc. reported fiscal fourth quarter ended October 31, 2023 results: revenue $257.9 million, net income $4.0 million, EPS $0.06 per diluted share.
  - Period: fiscal fourth quarter ended October 31, 2023
  - Revenue: $257.9 million
  - Net income: $4.0 million
  - EPS: $0.06 per diluted share
  - Result: reported results
  source text: • Total revenue increased 8% to $257.9 million compared to the same period last year driven by a 8% increase in average per-unit avocado selling prices, partially offset by a 4% decrease in avocado volume sold • Net income of $4.0 million, or $0.06 per diluted share, compared to net loss of $(42.0) million, or $(0.59) per diluted share, for the same period last year, which included a non-cash charge of $49.5 million related to goodwill impairment
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802974/000180297423000036/0001802974-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.