secwatch.observer — SEC 8-K summary
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Issuer:     Mission Produce, Inc. (AVO)
CIK:        0001802974
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001802974-24-000051
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mission Produce Q4 net income $17.3M, revenue $354.4M; guides Q1 pricing +20% YoY
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- Q4 total revenue $354.4M (+37% YoY); net income $17.3M ($0.24 diluted) vs $4.0M ($0.06) prior year.
- Adjusted EBITDA $36.9M (+113% YoY); full-year adjusted EBITDA $107.8M (+123% YoY).
- Marketing & Distribution segment net sales $319.6M (+35%), segment adjusted EBITDA $25.6M (+137%).
- Blueberries segment sales $31.6M (+62%), adjusted EBITDA $8.6M (+59%).
- Guides Q1 FY2025 avocado pricing ~+20% YoY, blueberry pricing ~-30% YoY; capex $50-55M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802974/000180297424000051/0001802974-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802974/000180297424000051/avo-20241219.htm
  HTML page:      https://secwatch.observer/filing/0001802974-24-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer