---
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"
generated_at: "2026-05-15T13:44:47.233314+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802974/000180297426000020/0001802974-26-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802974/000180297426000020/avo-20260312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001802974-26-000020
- JSON: https://secwatch.observer/filing/0001802974-26-000020.json
- Plain text: https://secwatch.observer/filing/0001802974-26-000020.txt

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