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Mission Produce reaffirms Q4 Adjusted EBITDA of $52M-$55M and raises Calavo synergy target to over $30 million
AVOMission Produce, Inc.
Mission Produce reaffirmed its fiscal 2026 second-half Adjusted EBITDA guidance of $84 million to $88 million, including fourth-quarter Adjusted EBITDA of $52 million to $55 million. The company also updated its Calavo Growers integration progress, raising the annualized synergy target from at least $25 million to more than $30 million, with a small contribution expected in Q4 and full run-rate targeted within 18 months. Management outlined five-year ambitions to double sales to $4 billion and triple Adjusted EBITDA to $450 million by 2035, targeting mid-single-digit organic sales growth and approximately 300 basis points of margin expansion over the next five years. The company maintains a $100 million share repurchase authorization and targets net leverage below 1.5 times Adjusted EBITDA. Mission Produce is a global leader in sourcing, producing, and distributing fresh Hass avocados.