Mission Produce (AVO) Q2 2025 Earnings Transcript
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Mission Produce (NASDAQ:AVO) delivered record revenue in Q2 FY2025, driven by higher avocado selling prices and reported continued operational execution, expanding its European distribution and capturing significant U.S. mango market share. Management cited cost pressures from the Canadian facility closure and temporary tariffs in Q2 FY2025, but reported strategic cost actions, balance sheet improvement via ongoing deleveraging, and opportunistic share repurchases. Mission’s Peruvian avocado production is projected at 100 million–110 million pounds for the 2025 season, up from 43 million pounds last season, and expansion in blueberry acreage positioning the company for incremental growth as consumer trends favor healthy snacking categories.
Source Fool.com
