Mission Produce Q1 revenue down 17% to $278.6M; adj. EPS flat at $0.10; Calavo acquisition on track

Mission Produce, Inc.

2026-Q1 EPS reported -$0.01 revenue$278,600,000

Net loss $(0.7)M ($(0.01)/share) vs profit $3.9M a year ago; adj. net income $7.3M ($0.10/share), +3%.
Revenue $278.6M (-17% YoY) on avocado volume +14% but price -30%; gross margin expanded 190bps to 11.3%.
Pending Calavo Growers acquisition progressing; expected close in fiscal Q3 2026, targeting at least $25M annual synergies.
Q2 industry outlook: avocado volumes +10-15% YoY, pricing -30-35% vs $2.00/lb; blueberries volume down, costs up.
FY2026 capex expected ~$40M; cash $44.8M at quarter end.

item 2.02 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001802974-26-000020
form_type: 8-K
ticker: AVO
cik: 0001802974
company_name: Mission Produce, Inc.
filed_at: 2026-03-12T23:59:59+00:00
discovered_at: 2026-05-14T18:02:36.228671+00:00
generated_at: 2026-05-15T13:44:47.233314+00:00
sec_items: ["2.02", "9.01"]
event_type: earnings
sentiment: neutral
materiality_score: 0.85
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001802974-26-000020
json_url: https://secwatch.observer/filing/0001802974-26-000020.json
markdown_url: https://secwatch.observer/filing/0001802974-26-000020.md
text_url: https://secwatch.observer/filing/0001802974-26-000020.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1802974/000180297426000020/0001802974-26-000020-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1802974/000180297426000020/avo-20260312.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Source: SEC EDGAR

accession 0001802974-26-000020

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.