secwatch.observer — SEC 8-K summary
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Issuer:     Mission Produce, Inc. (AVO)
CIK:        0001802974
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001802974-25-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mission Produce Q2 revenue record $380.3M (+28% YoY), net income $3.1M, adjusted EBITDA $19.1M
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- Revenue $380.3M (+28% YoY); net income $3.1M ($0.04 diluted EPS) vs $7.0M ($0.10) YoY.
- Adjusted net income $8.7M ($0.12 diluted EPS) vs $9.8M ($0.14); Adjusted EBITDA $19.1M vs $20.2M YoY.
- Marketing & Distribution segment revenue +26% but per-unit margins lower; $1.5M Canadian closure costs, $1.1M tariff impact.
- International Farming segment revenue up 479% to $8.1M; Blueberries revenue +57% to $15.7M.
- Q3 outlook: industry volumes +10-15% YoY, pricing expected down ~10-15%; capex $50-55M for FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802974/000180297425000027/0001802974-25-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802974/000180297425000027/avo-20250605.htm
  HTML page:      https://secwatch.observer/filing/0001802974-25-000027

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