{"schema_version":"secwatch.filing_event.v1","accession":"0001802974-26-000031","form_type":"8-K","ticker":"AVO","cik":"0001802974","company_name":"Mission Produce, Inc.","filed_at":"2026-06-08T20:09:05+00:00","discovered_at":"2026-06-08T20:10:00.275302+00:00","generated_at":"2026-06-08T20:16:24.338172+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Mission Produce Q2 net loss $7.2M; revenue down 24%; closes Calavo acquisition, $100M buyback","bullets":["Net loss of $7.2M ($0.10 loss per diluted share) vs income of $3.1M ($0.04 per share) in prior-year Q2; revenue $290.9M, down 24% YoY.","Adjusted EBITDA $7.1M vs $19.1M last year, driven by low avocado prices and temporary fruit size mismatch compressing margins.","Completed Calavo acquisition on May 28, 2026: issued ~17.5M shares and paid ~$266M cash; combined shares ~88.3M, term loans $350M.","New $100M stock repurchase program authorized for 36 months, replacing prior program with $11.2M remaining; no shares repurchased yet.","Q3 FY2026 adjusted EBITDA guidance $28-32M (partial Calavo quarter); H2 FY2026 adjusted EBITDA $84-88M; FY2026 capex ~$45M."],"urls":{"canonical":"https://secwatch.observer/filing/0001802974-26-000031","json":"https://secwatch.observer/filing/0001802974-26-000031.json","markdown":"https://secwatch.observer/filing/0001802974-26-000031.md","text":"https://secwatch.observer/filing/0001802974-26-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802974/000180297426000031/0001802974-26-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802974/000180297426000031/avo-20260608.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T20:16:24.338172+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7570b99cd73d17799d7deaddc1bfb1b6d1c0e861","claim":"Mission Produce, Inc. reported the fiscal second quarter ended April 30, 2026 results: revenue $290.9 million, net income $(7.2) million, or $(0.10) per diluted share, EPS $(0.10) per diluted share.","evidence_excerpt":"fresh Hass avocados, today reported its financial results for the fiscal second quarter ended April 30, 2026. Fiscal Second Quarter 2026 Financial Overview: • Total revenue of $290.9 million and achieved volume growth of 15% compared to the same period last year • Net loss attributable to Mission Produce of $7.2 million, or $(0.10) per diluted share, compared to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802974/000180297426000031/0001802974-26-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal second quarter ended April 30, 2026"},{"label":"Revenue","value":"$290.9 million"},{"label":"Net income","value":"$(7.2) million, or $(0.10) per diluted share"},{"label":"EPS","value":"$(0.10) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}