Mission Produce, Inc.
NASDAQ•AVO
CEO: Mr. Stephen J. Barnard
Sector: Consumer Defensive
Industry: Food Distribution
Listing Date: 2020-10-02
Mission Produce, Inc. engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries. It also provides ripening, bagging, custom packing, logistical management, and quality assurance services. In addition, the company offers merchandising and promotional support, and insights on market trends, and training services. Mission Produce, Inc. was founded in 1983 and is headquartered in Oxnard, California.
Contact Information
Market Cap
$837.40M
P/E (TTM)
25.2
28.7
Dividend Yield
--
52W High
$15.02
52W Low
$9.60
52W Range
Rank41Top 44.9%
4.0
F-Score
Modified Piotroski Analysis
Based on 8-year fundamentals
Average • 4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2018-2025
Financial Dashboard
Q1 2026 Data
Revenue
$278.60M+0.00%
4-Quarter Trend
EPS
-$0.01+0.00%
4-Quarter Trend
FCF
-$14.90M+0.00%
4-Quarter Trend
2026 Q1 Earnings Highlights
Key Highlights
Gross Margin Expansion Gross profit remained flat at $31.6M; margin improved 190 basis points to 11.3% due to better M&D margins.
Blueberries Segment Sales Rise Blueberries net sales grew 12% to $40.8M, driven by 9% price increase and 3% volume increase this quarter.
Equity Income Rises 88% Equity method income increased $0.7M, rising 88% to $1.5M, primarily from Henry Avocado investment performance.
Risk Factors
Net Sales Decline 17% Total net sales fell $55.6M (17%) to $278.6M, driven by 30% lower per-unit avocado prices in M&D segment.
SG&A Costs Increase 31% SG&A expenses rose $6.9M (31%) to $29.1M, largely due to $7.0M in transaction advisory costs for Calavo merger.
Mission Reports Net Loss Net loss attributable to Mission Produce was $(0.7)M this quarter, compared to $3.9M net income in prior year period.
Outlook
Calavo Merger Financing Secured Transaction financing secured, including lender commitment for $50M revolving credit increase and $250M principal term loans.
2026 Capital Spending Forecast Expect total capital expenditures of approximately $40M for fiscal 2026, focused on International Farming and Blueberries segments.
Tariff Refund Uncertainty Remains Supreme Court ruled recent tariffs illegal; uncertainty exists regarding timing and mechanics of obtaining refunds for previously paid tariffs.
Peer Comparison
Revenue (TTM)
$5.04B
$3.34B
$2.17B
Gross Margin (Latest Quarter)
75.1%
66.0%
62.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| HLF | $1.58B | 6.9 | -36.2% | 84.0% |
| THS | $1.23B | -5.1 | -16.5% | 43.2% |
| LINC | $1.19B | 57.7 | 10.8% | 41.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-9.9%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention
Deep Research
Next earnings:Jun 4, 2026
EPS:$0.08
|Revenue:$284.45M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data