---
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"
generated_at: "2026-06-08T20:16:24.338172+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Mission Produce Q2 net loss $7.2M; revenue down 24%; closes Calavo acquisition, $100M buyback

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001802974-26-000031
- JSON: https://secwatch.observer/filing/0001802974-26-000031.json
- Plain text: https://secwatch.observer/filing/0001802974-26-000031.txt

## Key facts
- Earnings Releases
  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.
  - Period: the fiscal second quarter ended April 30, 2026
  - Revenue: $290.9 million
  - Net income: $(7.2) million, or $(0.10) per diluted share
  - EPS: $(0.10) per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1802974/000180297426000031/0001802974-26-000031-index.htm

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