AVO

In the past six months, Mission Produce reported its fiscal fourth-quarter and full-year 2025 financial results, achieving record full-year revenue but experiencing a decrease in Q4 revenue due to lower avocado sales prices. The company announced an agreement to acquire Calavo Growers, Inc., expected to expand its avocado platform and diversify its product portfolio. Globalharvest Holdings Venture Ltd. purchased Mission Produce common stock. Mission Produce released its fiscal first-quarter 2026 financial results, reporting a decrease in total revenue due to declining avocado sales prices, leading to a stock price decrease. Consensus EPS estimates for fiscal year 2026 fell. Shares fell after the company disclosed a potential one-time Mexican transfer tax payment related to the Calavo Growers merger. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for the Calavo merger expired, and Mission Produce stockholders approved the issuance of shares for the Calavo merger.