earnings
confidence high
sentiment positive
materiality 0.75
Mission Produce Q3 FY26 revenue up 26% to $450M; raises Calavo synergy to >$30M
Mission Produce, Inc.
- Revenue $450.0M, +26% YoY; avocado volume +38%, per-unit price -9%.
- Adjusted EPS $0.18 vs $0.26; net loss $6.5M incl. $25.4M Calavo acquisition costs.
- Adjusted EBITDA $32.4M; reaffirms 2H FY26 guidance $84-88M.
- Raises annualized Calavo synergy to >$30M; Investor Day planned in October.
- Q4 outlook: Peru harvest 120-130M lbs; pricing down ~10% YoY vs $1.39/lb.