Highest-materiality recent filing
Mission Produce Q2 net loss $7.2M; revenue down 24%; closes Calavo acquisition, $100M buyback
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.
Mission Produce completes acquisition of Calavo Growers for $26.05 per share
Each Calavo share exchanged for $14.85 cash + 0.9790 Mission shares, total consideration ~$26.05/share.
Mission Produce and Calavo obtain Mexican antitrust clearance; closing expected May 28
Mexican antitrust clearance (COFECE) received for Mission Produce's acquisition of Calavo.
Approximately 70% of outstanding shares (49.8M of 70.8M) were present at special meeting on April 28, 2026.
Mission Produce and Calavo merger clears HSR waiting period; closing expected by July 31, 2026
HSR Act waiting period expired April 17, 2026, satisfying one condition for closing the merger.
Mission Produce enters $550M credit agreement to fund Calavo acquisition
$550M senior secured credit facility: $200M revolver, $200M Term A-1, $150M Term A-2.
Mission Produce Q1 revenue down 17% to $278.6M; adj. EPS flat at $0.10; Calavo acquisition on track
Net loss $(0.7)M ($(0.01)/share) vs profit $3.9M a year ago; adj. net income $7.3M ($0.10/share), +3%.
Mission Produce adopts limited-duration rights plan after Globalharvest accumulation
Adopted one-year Rights Plan effective Jan 21, 2026, expiring Jan 21, 2027.
Mission Produce to acquire Calavo Growers for 0.9790 shares + $14.85 cash per share
Each Calavo share exchanged for 0.9790 Mission shares plus $14.85 cash; stock portion may increase to preserve tax-free treatment.
John Pawlowski (current President & COO) to become President & CEO effective April 9, 2026; founder Steve Barnard transitions to Executive Chairman.
Mission Produce FY2025 revenue $1.39B (+13%); Q4 adj. EBITDA $41.4M; CEO transition
Record FY2025 revenue $1.39B (+13% YoY); net income $37.7M ($0.53 diluted EPS) vs $36.7M.
Mission Produce Q3 revenue $357.7M (+10%); adj EPS $0.26; Q4 pricing seen down 20-25%
Revenue $357.7M, +10% YoY; net income $14.7M ($0.21 diluted) vs $12.4M ($0.17).
Mission Produce Q2 revenue record $380.3M (+28% YoY), net income $3.1M, adjusted EBITDA $19.1M
Revenue $380.3M (+28% YoY); net income $3.1M ($0.04 diluted EPS) vs $7.0M ($0.10) YoY.
Mission Produce Q1 revenue up 29% to $334M; adjusted EBITDA down 8% to $17.7M
Revenue $334.2M (+29% YoY); net income $3.9M ($0.05 diluted EPS) vs breakeven; adjusted net income $7.1M ($0.10 diluted EPS).
Mission Produce Q4 net income $17.3M, revenue $354.4M; guides Q1 pricing +20% YoY
Q4 total revenue $354.4M (+37% YoY); net income $17.3M ($0.24 diluted) vs $4.0M ($0.06) prior year.
Mission Produce expects Q4 revenue >$320M, Adj EBITDA >$28M, beating prior year
Total revenue expected to exceed $320M in Q4 2024 vs $257.9M same period last year.
Mission Produce Q3 revenue up 24% to $324M; adjusted EBITDA up 49% to $31.5M
Revenue $324M (+24% YoY); net income $12.4M ($0.17 diluted) vs $6.6M prior.
Mission Produce reports Q2 record adjusted EBITDA of $20.2M; revenue up 35% to $297.6M
Net income of $7.0M ($0.10 diluted EPS) vs net loss of $4.6M ($0.07 loss) in prior-year Q2.
Mission Produce Q1 revenue +21% to $258.7M; adjusted EBITDA $19.2M vs $2.3M
Net income breakeven ($0.00/diluted) vs loss of $8.8M ($0.12 loss) YoY.
Mission Produce Q4 revenue $257.9M (+8% YoY), adj. EPS $0.11; guides Q1 pricing up ~15% YoY
Q4 net income $4.0M ($0.06 EPS) vs net loss $42.0M a year ago; adjusted net income $7.5M ($0.11).
Mission Produce Q3 rev down 17% to $261.4M, adj EPS $0.15; cuts Peru volume outlook
Revenue $261.4M (-17% YoY); net income $6.6M ($0.09 diluted) vs $18.4M ($0.26); adj. net income $10.3M ($0.15) vs $18.9M ($0.27).
Mission Produce Q2 net loss $4.6M, revenue down 20% to $221.1M on avocado price deflation
Net loss $(4.6)M ($(0.07)/diluted) vs net income $2.4M ($0.03) prior year; adjusted net income $0.5M ($0.01).
Mission Produce Q1 net loss $8.8M, revenue $213.5M, avocado volume +14% YoY
Net loss of $(8.8)M ($(0.12) diluted EPS); adjusted net loss $(5.0)M ($(0.07) diluted).
Mission Produce Q4 net loss $42M on goodwill impairment; revenue flat; guides lower Q1 pricing
Net loss of $42.0M ($0.59 diluted EPS) includes $49.5M goodwill impairment; adjusted EPS $0.13
In connection with the closing of the Mergers, effective as of the Closing Date, Kathleen Holmgren was appointed to the Board of Directors of the Company (the “ Board ”).
On January 21, 2025, Mission Produce, Inc. (the “Company”) announced the appointment of Damian Ricketts as the Company’s Chief Accounting Officer effective January 19, 2025.
On March 7, 2024, Mission Produce, Inc. (the “Company”) announced the appointment of John Pawlowski as the Company’s President and Chief Operating Officer.
Effective April 13, 2023, Shaunte D. Mears Watkins, a Class II director, resigned from the Board of Directors of Mission Produce, Inc.
On May 3, 2022, Mission Produce, Inc. (the “Company”) announced the appointment of Timothy A. Bulow as the Company’s President and Chief Operating Officer.
Max materiality 0.85 · Median 0.55 · Most common event earnings