Mission Produce (AVO) Tops Q2 EPS by 3c

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Mission Produce Announces Fiscal 2022 Second Quarter Financial Results

June 8, 2022 4:05 PM EDT

OXNARD, Calif., June 08, 2022 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (Mission or the Company), a world leader in sourcing, producing, and distributing fresh avocados, today reported its financial results for the fiscal second quarter ended April 30, 2022.

Fiscal Second Quarter 2022 Highlights:

Total revenue of $278.1 million, an 18% increase compared to the same period last year, impacted by average selling price increases of 44%, partially offset by a 19% decrease in avocado volume sold, compared to the same period last... More