AVO

In the past six months, Mission Produce's stock has been impacted by several key events. On May 28, 2026, the company completed its acquisition of Calavo Growers, Inc., an event expected to bolster its global network, enhance capabilities, improve asset utilization, and expand into complementary produce categories. Following this, on June 8, 2026, Mission Produce announced an equity buyback plan. The company reported stronger-than-expected fiscal third-quarter results on September 8, 2026, with avocado sales increasing by 38% and overall sales up 26%, surpassing analyst expectations. During this period, Mission Produce also raised its estimated annualized synergy opportunity from the Calavo acquisition from $25 million to $30 million. However, on October 8, 2026, the company's shares fell by 11.3% after it unveiled its five-year financial targets at its Investor Day, which included ambitions to double sales and triple adjusted EBITDA by 2035, alongside mid-single-digit organic sales growth and margin expansion targets for the next five years. Over the last six months, the stock price has decreased by 19.40%.