Mission Produce unveils 2035 targets, reaffirms fiscal 2026 outlook
At its 2026 Investor Day on October 8, 2026, Mission Produce presented five-year financial targets and an ambition to double sales and triple Adjusted EBITDA by 2035. The company also reaffirmed its second-half and fourth-quarter fiscal 2026 outlook and disclosed fiscal fourth-quarter-to-date share repurchases under its $100 million authorization.
Key points
- Five-year targets include mid-single-digit organic sales growth and approximately 300 basis points of margin expansion, with a 2035 ambition to double sales and triple Adjusted EBITDA.
- Reaffirmed second-half fiscal 2026 Adjusted EBITDA of $84 million to $88 million, including fourth-quarter Adjusted EBITDA of $52 million to $55 million.
- Fiscal fourth-quarter-to-date repurchases of 290,994 shares at an average price of $12.94, under the $100 million program authorized June 8, 2026.
- Calavo integration has increased the annualized synergy target to more than $30 million from at least $25 million.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.