Mission Produce (AVO) Misses Q1 EPS by 22c

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Go back to Mission Produce (AVO) Misses Q1 EPS by 22c

Mission Produce Announces Fiscal 2022 First Quarter Financial Results

March 10, 2022 4:05 PM EST

OXNARD, Calif., March 10, 2022 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (Mission or the Company), the world leader in sourcing, producing, and distributing fresh Hass avocados and mangos, today reported its financial results for the fiscal first quarter ended January 31, 2022.

Fiscal First Quarter 2022 Highlights:

Total revenue of $216.6 million, a 25% increase compared to the same period last year, impacted by average selling price increases of 50%, partially offset by an 18% decrease in avocado volume sold, compared to the same period last... More