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Apr 30, 2025
Mission Produce Q2 2025 Earnings Report
Mission Produce reported record Q2 revenue driven by higher avocado prices, strong mango volumes, and expansion in key markets.
Key Takeaways
Mission Produce achieved record revenue in Q2 2025 despite supply challenges, with strong contributions from its avocado and mango businesses.
Revenue reached a record $380.3 million, driven by strong pricing in the avocado market.
Net income declined to $3.1 million from $7.0 million YoY due to lower margins and one-time costs.
The company repurchased $5.2 million of its stock during the quarter.
International and mango operations delivered improved performance and market share growth.
Revenue by Segment
Forward Guidance
Expectations for Q3 include strong Peruvian avocado harvest and a YoY decrease in average pricing due to higher supply.
Positive Outlook
- Industry volumes expected to be 10–15% higher YoY.
- Strong outlook for Peruvian avocado harvest (100–110M pounds).
- Continued strength in retail avocado demand.
- Solid cash flow anticipated in the second half.
- Cost structure expected to benefit from owned supply.
Challenges Ahead
- Avocado pricing expected to drop 10–15% YoY.
- Volume growth may not fully offset margin compression.
- Tariff risks, though now exempted, added short-term cost pressure.
- Increased capital expenditures impacting near-term cash flow.
- Legal and SG&A costs higher due to ongoing proceedings.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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