Mission Produce (AVO) Misses Q3 EPS by 3c

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Mission Produceā„¢ Announces Fiscal 2022 Third Quarter Financial Results

September 8, 2022 4:05 PM EDT

OXNARD, Calif., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (Mission or the Company), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos, today reported its financial results for the fiscal third quarter ended July 31, 2022.

Fiscal Third Quarter 2022 Highlights:

Total revenue of $313.2 million, a 27% increase driven by average selling price increases of 42%, partially offset by a 11% decrease in avocado volume... More