Mission Produce (AVO)


Market Price (9/30/2026): $13.0 | Market Cap: $1.1 BilSector: Consumer Staples | Industry: Food Distributors

Mission Produce (AVO)


Market Price (9/30/2026): $13.0
Market Cap: $1.1 Bil
Sector: Consumer Staples
Industry: Food Distributors

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Low stock price volatility
Vol 12M is 36%

Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, and Vegan & Alternative Foods. Themes include Functional Foods & Beverages, Vegan Products, Show more.

Weak multi-year price returns
2Y Excs Rtn is -31%, 3Y Excs Rtn is -44%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 41x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 26x, P/EPrice/Earnings or Price/(Net Income) is 677x

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.2%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.8%

Key risks
AVO key risks include [1] a heavy business dependency on the avocado market and [2] geopolitical and tariff exposure from sourcing in key regions like Mexico and Peru.

0 Low stock price volatility
Vol 12M is 36%
1 Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, and Vegan & Alternative Foods. Themes include Functional Foods & Beverages, Vegan Products, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -31%, 3Y Excs Rtn is -44%
3 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 41x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 26x, P/EPrice/Earnings or Price/(Net Income) is 677x
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.2%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.8%
6 Key risks
AVO key risks include [1] a heavy business dependency on the avocado market and [2] geopolitical and tariff exposure from sourcing in key regions like Mexico and Peru.

AVO in ETFs

Weight = AVO's share of each fund

VTI0.00%
ITOT0.00%
IWM0.02%
AVUV0.06%
DFAS0.03%
VTWO0.02%
SCHA0.02%
IWN0.01%
+3 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/8/2026

Mission Produce (AVO) stock has gained about 15% since 5/31/2026 because of the following key factors:

1. Significant Revenue and Volume Growth Driven by Calavo Acquisition.

Mission Produce's stock gained as the company reported substantial top-line expansion for its fiscal third quarter ended July 31, 2026. Total revenue increased 26% year-over-year to $450.0 million, significantly surpassing analyst expectations. This growth was primarily fueled by a 38% year-over-year increase in avocado volume sold, largely attributable to the completed acquisition of Calavo Growers, Inc. on May 28, 2026, which expanded the company's market presence and supply capabilities.

2. Strong Adjusted Earnings Beat and Reaffirmed Forward Guidance.

Despite reporting a GAAP net loss due to $25.4 million in pre-tax acquisition-related costs, Mission Produce exceeded adjusted earnings expectations. For fiscal Q3 2026, adjusted net income was $15.0 million, or $0.18 per diluted share, beating the Zacks Consensus Estimate of $0.12 per share and analyst estimates of $0.20 per share. Furthermore, the company reaffirmed its robust second-half fiscal 2026 adjusted EBITDA guidance of $84 million to $88 million, with an expected fiscal fourth-quarter adjusted EBITDA of approximately $52 million to $55 million, including a full quarter of Calavo's contributions.

Show more
Updated on 9/8/2026

Mission Produce (AVO) stock has gained about 15% since 5/31/2026 because of the following key factors:

1. Significant Revenue and Volume Growth Driven by Calavo Acquisition.

Mission Produce's stock gained as the company reported substantial top-line expansion for its fiscal third quarter ended July 31, 2026. Total revenue increased 26% year-over-year to $450.0 million, significantly surpassing analyst expectations. This growth was primarily fueled by a 38% year-over-year increase in avocado volume sold, largely attributable to the completed acquisition of Calavo Growers, Inc. on May 28, 2026, which expanded the company's market presence and supply capabilities.

2. Strong Adjusted Earnings Beat and Reaffirmed Forward Guidance.

Despite reporting a GAAP net loss due to $25.4 million in pre-tax acquisition-related costs, Mission Produce exceeded adjusted earnings expectations. For fiscal Q3 2026, adjusted net income was $15.0 million, or $0.18 per diluted share, beating the Zacks Consensus Estimate of $0.12 per share and analyst estimates of $0.20 per share. Furthermore, the company reaffirmed its robust second-half fiscal 2026 adjusted EBITDA guidance of $84 million to $88 million, with an expected fiscal fourth-quarter adjusted EBITDA of approximately $52 million to $55 million, including a full quarter of Calavo's contributions.

3. Increased Synergy Outlook from Calavo Acquisition.

Investor confidence was bolstered by Mission Produce's updated financial outlook regarding the Calavo acquisition. The company raised its annualized synergy estimate from the Calavo integration to more than $30 million. This increase suggests greater anticipated efficiencies and cost savings from the acquisition than initially projected, contributing to a positive long-term view of the company's financial health.

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Stock Movement Drivers

Fundamental Drivers

The 17.3% change in AVO stock from 5/31/2026 to 9/29/2026 was primarily driven by a 2746.5% change in the company's P/E Multiple.
(LTM values as of)53120269292026Change
Stock Price ($)11.1413.0717.3%
Change Contribution By: 
Total Revenues ($ Mil)1,3361,3380.2%
Net Income Margin (%)2.5%0.1%-95.2%
P/E Multiple23.8676.82746.5%
Shares Outstanding (Mil)7183-14.7%
Cumulative Contribution17.3%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/29/2026
ReturnCorrelation
AVO17.3% 
Market (SPY)1.3%-3.8%
Sector (XLP)-0.6%31.0%

Fundamental Drivers

The -7.9% change in AVO stock from 2/28/2026 to 9/29/2026 was primarily driven by a -95.6% change in the company's Net Income Margin (%).
(LTM values as of)22820269292026Change
Stock Price ($)14.1913.07-7.9%
Change Contribution By: 
Total Revenues ($ Mil)1,3911,338-3.8%
Net Income Margin (%)2.7%0.1%-95.6%
P/E Multiple26.6676.82447.1%
Shares Outstanding (Mil)7183-14.8%
Cumulative Contribution-7.9%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/29/2026
ReturnCorrelation
AVO-7.9% 
Market (SPY)12.0%3.8%
Sector (XLP)-7.9%23.5%

Fundamental Drivers

The 4.5% change in AVO stock from 8/31/2025 to 9/29/2026 was primarily driven by a 2701.1% change in the company's P/E Multiple.
(LTM values as of)83120259292026Change
Stock Price ($)12.5113.074.5%
Change Contribution By: 
Total Revenues ($ Mil)1,3931,338-3.9%
Net Income Margin (%)2.6%0.1%-95.5%
P/E Multiple24.2676.82701.1%
Shares Outstanding (Mil)7183-14.4%
Cumulative Contribution4.5%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/29/2026
ReturnCorrelation
AVO4.5% 
Market (SPY)19.8%2.2%
Sector (XLP)4.1%26.8%

Fundamental Drivers

The 37.3% change in AVO stock from 8/31/2023 to 9/29/2026 was primarily driven by a 35.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)83120239292026Change
Stock Price ($)9.5213.0737.3%
Change Contribution By: 
Total Revenues ($ Mil)9861,33835.8%
P/S Multiple0.70.818.4%
Shares Outstanding (Mil)7183-14.6%
Cumulative Contribution37.3%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2023 to 9/29/2026
ReturnCorrelation
AVO37.3% 
Market (SPY)76.1%19.9%
Sector (XLP)22.0%29.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
AVO Return4%-26%-13%42%-19%13%-13%
Peers Return47%-13%-5%31%-3%20%86%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
AVO Win Rate58%42%42%58%50%78% 
Peers Win Rate50%48%50%63%50%49% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
AVO Max Drawdown-31%-31%-37%-26%-32%-34% 
Peers Max Drawdown-30%-35%-37%-23%-28%-31% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SYY, CHEF, DIT, MTEX, USFD.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/29/2026 (YTD)

How Low Can It Go

EventAVOS&P 500
2025 US Tariff Shock
  % Loss-18.7%-18.8%
  % Gain to Breakeven23.0%23.1%
  Time to Breakeven63 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-29.6%-9.5%
  % Gain to Breakeven42.1%10.5%
  Time to Breakeven106 days24 days
2023 SVB Regional Banking Crisis
  % Loss-14.8%-6.7%
  % Gain to Breakeven17.4%7.1%
  Time to Breakeven75 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-27.1%-24.5%
  % Gain to Breakeven37.2%32.4%
  Time to Breakeven150 days427 days

Compare to SYY, CHEF, DIT, MTEX, USFD

In The Past

Mission Produce's stock fell -18.7% during the 2025 US Tariff Shock. Such a loss loss requires a 23.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventAVOS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-29.6%-9.5%
  % Gain to Breakeven42.1%10.5%
  Time to Breakeven106 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-27.1%-24.5%
  % Gain to Breakeven37.2%32.4%
  Time to Breakeven150 days427 days

Compare to SYY, CHEF, DIT, MTEX, USFD

In The Past

Mission Produce's stock fell -18.7% during the 2025 US Tariff Shock. Such a loss loss requires a 23.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Mission Produce (AVO)

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Mission Produce (AVO) is a leading global company specializing in the entire avocado supply chain. Its core business involves sourcing, producing, packaging, and distributing avocados across the United States and internationally. The company operates through two key segments: Marketing and Distribution, which handles the logistics and sales of avocados, and International Farming, focusing on the cultivation and production aspects.

Beyond providing fresh avocados, Mission Produce offers a suite of value-added services to its clients. These services include ripening avocados to optimal readiness, custom bagging and packing solutions tailored to specific customer needs, and comprehensive logistical management to ensure efficient delivery of its products.

The company serves a diverse and extensive customer base, primarily targeting retail grocery chains, wholesale distributors, and various foodservice establishments. With operations spanning both domestic and international markets, Mission Produce has established itself as a significant player in delivering high-quality avocados to consumers worldwide.

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AI Analysis | Feedback

Here are a few analogies for Mission Produce (AVO):

  • The Chiquita or Dole of avocados.

  • Like Perdue Farms, but for avocados instead of chickens.

AI Analysis | Feedback

  • Avocados: The primary product, which the company sources, produces, packages, and distributes to customers globally.
  • Ripening Services: A value-added service where avocados are ripened to the desired stage for consumption.
  • Bagging Services: Custom packaging of avocados into bags for retail and other customer needs.
  • Custom Packing Services: Tailored packing solutions for avocados beyond standard options.
  • Logistical Management Services: Coordination and oversight of the supply chain to ensure efficient delivery of avocados.

AI Analysis | Feedback

Mission Produce (AVO) primarily sells its products to other companies. Its major customers fall into the following categories:

  • Retail customers
  • Wholesale customers
  • Foodservice customers

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Stephen J. Barnard, Chief Executive Officer

Stephen J. Barnard co-founded Mission Produce in 1983 and has served as its Chief Executive Officer since 1988. Prior to founding Mission Produce, he worked in the lettuce and avocado divisions of Santa Clara Produce, Inc.

Bryan Giles, Chief Financial Officer

Bryan Giles has over 20 years of management experience in finance, accounting, and auditing. Before joining Mission Produce, he held multiple capacities, including Vice President of Finance & Administration and Vice President of Finance – MSS Technology Group, at Tecom Industries Inc., a division of Smiths Group. He previously oversaw a group of military technology companies with approximately $200 million in revenues at Smiths Group. Giles began his career at Deloitte & Touche.

John Pawlowski, President and Chief Operating Officer

John Pawlowski joined Mission Produce in April 2024 as President and Chief Operating Officer, bringing over 25 years of experience in the global food and foodservice industry. Prior to Mission, he was the President and COO of Lipari Foods, a leading independent distributor, where he was responsible for leading M&A and organic growth strategies. He also spent more than 16 years at J.M. Smucker, with his roles culminating as Vice President of International.

Joanne Wu, General Counsel and Secretary

Joanne Wu has over fifteen years of experience in public company representation, securities law, corporate governance, M&A, and managing legal departments. Her career includes both in-house and private practice positions.

Anita Lemos, Vice President of Human Resources

Anita Lemos provides executive strategy for human resources functions, including staffing, leadership development, employee relations, and compensation and benefits. She also spearheaded the Mission Produce Foundation.

AI Analysis | Feedback

The key risks to Mission Produce (AVO) are primarily associated with the inherent nature of its agricultural product, its global supply chain, and market dynamics.

  1. Agricultural and Climate-Related Risks: Mission Produce's business is highly susceptible to risks inherent in agricultural production, particularly concerning avocados. These risks include adverse weather conditions such as droughts, freezes, excessive rainfall, and natural disasters, which can significantly impact crop yields, quality, and supply continuity. Pests and diseases also pose a significant threat, capable of devastating crops, reducing yields, and increasing production costs. Furthermore, avocado farming is water-intensive, making the company vulnerable to water scarcity and stress, which can lead to reduced flowering, fruiting, and increased tree mortality. Climate change is expected to exacerbate these challenges, potentially reducing areas suitable for avocado cultivation.
  2. Market Price Volatility and Competition: The avocado market is characterized by price volatility, which can significantly impact Mission Produce's revenue and profitability. Fluctuations in avocado prices are driven by supply and demand imbalances, agricultural yields from various regions, and shifts in consumer preferences. For example, recent periods have shown strong avocado volume growth alongside significant pricing pressure, with average prices per pound dropping. Intense competition from other avocado producers and distributors further contributes to margin pressure and affects market share.
  3. Supply Chain Disruptions and Geopolitical/Regulatory Risks: As an international company involved in sourcing and distributing avocados globally, Mission Produce faces substantial risks related to supply chain disruptions. These disruptions can arise from various factors, including geopolitical events, trade barriers, changes in import/export regulations, tariffs, and transportation challenges in key growing or distribution regions. For instance, anticipated declines in supply from crucial sourcing regions like Mexico can pose significant risks to the company's revenue growth. The company's heavy reliance on avocados as its primary product amplifies its vulnerability to these external factors.

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Addressable Markets for Mission Produce (AVO)

Mission Produce's primary addressable market is the global avocado market, which encompasses their core business of sourcing, producing, packaging, and distributing avocados, along with related value-added services such as ripening, bagging, custom packing, and logistical management. The company also has offerings in mangos and blueberries.

Avocados

The global avocado market was valued at approximately USD 15.83 billion in 2023 and is projected to reach USD 26.04 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. Other estimates place the global market value at around USD 16 billion in 2023, expected to hit USD 30 billion by 2032 with a CAGR of nearly 7.5% between 2024 and 2032. The fresh avocado segment constitutes the largest portion of this market, accounting for approximately 77.91% of the revenue in 2023.

Regional Market Sizes for Avocados:

  • North America (U.S.): North America holds a significant share of the global avocado market, accounting for 45.0% of the total revenue in 2022. In 2025, the total avocado volume in the U.S. market is anticipated to surpass 3 billion pounds. The value of U.S. fresh avocado imports reached a record-breaking $3.87 billion USD in 2024. The U.S. market is projected to lead globally in terms of revenue by 2030, with an estimated value of USD 4,796.5 million.
  • Europe: Europe accounted for 28.0% of the global avocado market in 2025. The European avocado market generated a revenue of USD 3,414.5 million in 2023 and is expected to reach an estimated US$ 6,111.0 million by 2030, growing at a CAGR of 8.7% from 2024 to 2030. Annual consumption in the European avocado market has surpassed 1.07 million tons.
  • Asia Pacific: The Asia Pacific avocado market is a fast-growing region, projected to reach USD 6,431.3 million by 2030, with a CAGR of 10.5% from 2024 to 2030. It represented 26.3% of the worldwide market share in 2025. In 2024, the Asia Pacific avocado market size was USD 3576.09 million and is expected to grow at a CAGR of 11.7% from 2024 to 2031. The market volume for Asia-Pacific is projected to reach 1.7 million tons and $2.7 billion by 2035.

Mangos and Blueberries

Mission Produce has strategically diversified its product offerings to include mangos and blueberries, leveraging its existing ripening and distribution expertise. While avocados remain their main product, these additional fruits contribute to their broader addressable market in the fresh produce sector. Specific addressable market sizes for mangos and blueberries as they relate directly to Mission Produce's distribution capabilities were not readily available in the provided search results.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Mission Produce (AVO) over the next 2-3 years:

  1. Increased Avocado Volume and Market Penetration: Mission Produce anticipates revenue growth through increased avocado volumes and greater market penetration, particularly in North America, Europe, and Asia. The company aims to boost household avocado penetration to 73-75% over the next 2-3 years.
  2. Expansion into New Geographic Markets: The company is strategically expanding its global presence and distribution network. This includes strengthening its footprint in Europe and Asia, as well as establishing new domestic operations, such as the expansion into Miami to directly serve customers in Florida and the Southeast U.S.
  3. Product Diversification, especially with Mangoes and Blueberries: Mission Produce is actively diversifying its product portfolio beyond avocados. The company has successfully expanded into premium mangoes and blueberries, with a focus on growing market share in these categories through initiatives like new product innovations and custom ripe programs for mangoes.
  4. Strategic Acquisition of Calavo Growers: The pending acquisition of Calavo Growers is a significant driver, expected to expand Mission Produce's avocado platform, diversify its product offerings further into categories like tomatoes, papayas, and prepared foods, and generate at least $25 million in expected annual synergies.

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Share Repurchases

  • In the first quarter of fiscal year 2025, Mission Produce executed $5.2 million in share repurchases, with approximately $14 million remaining on the board authorization for future repurchases.
  • The company initiated a share repurchase program in fiscal year 2024.

Inbound Investments

  • Globalharvest Holdings Venture Ltd, a ten percent owner of Mission Produce, Inc., purchased 985,704 shares of the company's common stock on January 15, 2026, for a total value of $11,591,250.
  • Between November 4-11, 2025, Globalharvest Holdings Venture Ltd aggressively purchased 156,725 shares valued at approximately $1.88 million.
  • Over the 90 days prior to January 20, 2026, Mission Produce experienced significant insider buying activity, with a net value exceeding $30 million, primarily from Globalharvest Holdings Venture Ltd.

Outbound Investments

  • Mission Produce entered into an agreement to acquire Calavo Growers in a cash-and-stock transaction valued at approximately $430 million, with the deal expected to close by the end of August 2026.
  • This acquisition is anticipated to expand Mission's Mexican packing footprint, diversify its produce portfolio to include tomatoes and papayas, and allow entry into the prepared foods segment, particularly with ready-made guacamole.

Capital Expenditures

  • Capital expenditures for the fiscal year ended October 31, 2025, were $51.4 million, an increase from $32.2 million in fiscal year 2024.
  • These expenditures primarily focused on avocado orchard development, pre-production orchard maintenance and land improvements, packhouse construction in Guatemala, and pre-production land development and blueberry plant cultivation in Peru.
  • Management projects capital expenditures to decrease to approximately $40 million in fiscal year 2026, with roughly $20 million allocated for maintenance as Peruvian orchard investments near completion.

Better Bets vs. Mission Produce (AVO)

Peer Outperformance in Food Distributors

AVO has trailed 71% of its 7 Food Distributors peers over 5Y. Among the peers that beat it is CHEF. Food Distributors ranks 2nd of 12 industries in Consumer Staples by median 5Y return. That makes it one of the strongest corners of the sector.
Share of Food Distributors constituents that AVO has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
57%
of 7 industry peers · 9.6% return
3Y
57%
of 7 industry peers · 35.0% return
5Y
29%
of 7 industry peers · -28.9% return
Food Distributors peers with revenue growth within 4pp of AVO's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
AVO Mission Produce 13.7% 676.8x 9.6%35.0%-28.9% —
CHEF Chefs' Warehouse 13.0% 47.2x 90.7%426.4%242.3% +271pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Consumer Staples sector, ranked by 5Y. Food Distributors is AVO's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Consumer Staples Merchandise Retail 12 4.5%45.9%63.1% NGVC 222% · VLGEA 152% · WMT 145%
Food Distributors ← 8 4.1%34.6%55.7% CHEF 242% · USFD 170% · ANDE 133%
Food Retail 6 -6.4%46.5%30.7% CASY 227% · SFM 179% · KR 68%
Tobacco 6 -43.5%6.3%23.8% PM 155% · MO 122% · TPB 31%
Soft Drinks & Non-alcoholic Beverages 12 -7.8%-15.4%2.2% COKE 407% · CCHGY 119% · BRFH 107%
Brewers 3 -17.8%-36.9%-8.4% BUD 42% · TAP -8% · SAM -68%
Household Products 19 4.8%-7.0%-16.6% ACU 111% · IPAR 74% · CL 29%
Agricultural Products & Services 11 -12.4%-5.9%-18.5% ADM 52% · BG 52% · INGR 25%
Personal Care Products 4 -0.6%-7.4%-22.6% ELF 250% · PG 21% · COTY -66%
Packaged Foods & Meats 47 -28.5%-35.0%-41.1% MAMA 434% · LWAY 278% · SENEA 276%
Distillers & Vintners 5 -47.2%-60.8%-78.4% STZ -41% · BF-B -56% · MGPI -78%
Drug Retail 3 -44.2%-86.3%-94.1% HITI -55% · PETS -94% · SCNX -99%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

AVOSYYCHEFDITMTEXUSFDMedian
NameMission .Sysco Chefs' W.Amcon Di.MannatechUS Foods  
Mkt Price13.0078.48111.62-7.6493.7478.48
Mkt Cap1.137.64.3-0.020.54.3
Rev LTM1,33884,5534,392-10740,1334,392
Op Inc LTM433,094182-31,295182
FCF LTM-21,938126-2946126
FCF 3Y Avg251,90096--187696
CFO LTM412,638162-21,369162
CFO 3Y Avg642,712143--01,252143

Growth & Margins

AVOSYYCHEFDITMTEXUSFDMedian
NameMission .Sysco Chefs' W.Amcon Di.MannatechUS Foods  
Rev Chg LTM-6.2%3.9%11.2%--5.0%3.8%3.8%
Rev Chg 3Y Avg13.7%3.5%13.0%--7.7%4.7%4.7%
Rev Chg Q25.8%4.7%12.9%-3.8%4.5%4.7%
QoQ Delta Rev Chg LTM7.4%1.2%3.1%-0.9%1.1%1.2%
Op Inc Chg LTM-35.3%0.2%28.8%-608.2%8.4%8.4%
Op Inc Chg 3Y Avg179.2%0.7%26.9%-229.9%11.7%26.9%
Op Mgn LTM3.2%3.7%4.1%-2.5%3.2%3.2%
Op Mgn 3Y Avg3.9%3.8%3.6%-0.4%3.1%3.6%
QoQ Delta Op Mgn LTM-0.9%0.1%0.3%-2.3%0.1%0.1%
CFO/Rev LTM3.1%3.1%3.7%-2.3%3.4%3.1%
CFO/Rev 3Y Avg5.1%3.3%3.6%--0.3%3.2%3.3%
FCF/Rev LTM-0.2%2.3%2.9%-1.5%2.4%2.3%
FCF/Rev 3Y Avg2.1%2.3%2.3%--1.0%2.3%2.3%

Valuation

AVOSYYCHEFDITMTEXUSFDMedian
NameMission .Sysco Chefs' W.Amcon Di.MannatechUS Foods  
Mkt Cap1.137.64.3-0.020.54.3
P/S0.80.41.0-0.10.50.5
P/Op Inc25.212.223.9-5.515.915.9
P/EBIT41.312.625.0-3.616.216.2
P/E673.121.447.3--2.028.228.2
P/CFO26.114.326.9-6.015.015.0
Total Yield0.1%7.4%2.1%--50.5%3.5%2.1%
Dividend Yield0.0%2.8%0.0%-0.0%0.0%0.0%
FCF Yield 3Y Avg3.4%5.1%3.7%--6.3%5.1%3.7%
D/E0.50.40.2-0.40.30.4
Net D/E0.40.40.2-0.00.30.3

Returns

AVOSYYCHEFDITMTEXUSFDMedian
NameMission .Sysco Chefs' W.Amcon Di.MannatechUS Foods  
1M Rtn1.8%-4.2%-2.9%-13.4%-12.6%-2.9%
3M Rtn10.3%-5.5%16.1%-46.6%-8.3%10.3%
6M Rtn-5.5%11.6%87.8%-32.2%1.7%11.6%
12M Rtn9.1%-1.4%90.9%--10.3%22.1%9.1%
3Y Rtn34.3%29.1%427.0%--26.2%136.1%34.3%
1M Excs Rtn2.3%-3.7%-2.4%-13.9%-12.1%-2.4%
3M Excs Rtn8.0%-7.8%13.9%-44.3%-10.6%8.0%
6M Excs Rtn-25.9%-6.1%68.7%--8.7%-17.9%-8.7%
12M Excs Rtn-7.3%-17.0%75.2%--23.5%6.9%-7.3%
3Y Excs Rtn-44.6%-53.3%302.2%--109.8%57.9%-44.6%

Comparison Analyses

null

FDA Approved Drugs Data

Expand for More
Post-Approval Fwd Returns
FDA
App #
Brand
Name
Generic
Name
Dosage
Form
FDA
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
NDA211843  THIOLA ECtiopronintablet, delayed release6282019     
ANDA206211  POTASSIUM IODIDEpotassium iodidesolution3242016     
ANDA090756  CARBINOXAMINE MALEATEcarbinoxamine maleatetablet5272011     
ANDA078974  GABAPENTINgabapentinsolution2182011     
ANDA091396  PREDNISOLONE SODIUM PHOSPHATEprednisolone sodium phosphatesolution9132010     
Collapse to Preview
Post-Approval Fwd Returns
FDA
App #
Brand
Name
Generic
Name
Dosage
Form
FDA
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
NDA211843  THIOLA ECtiopronintablet, delayed release6282019     
ANDA206211  POTASSIUM IODIDEpotassium iodidesolution3242016     
ANDA090756  CARBINOXAMINE MALEATEcarbinoxamine maleatetablet5272011     
ANDA078974  GABAPENTINgabapentinsolution2182011     
ANDA091396  PREDNISOLONE SODIUM PHOSPHATEprednisolone sodium phosphatesolution9132010     

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Marketing and Distribution1,2741,1538901,016872
International Farming126659011520
Blueberries93765211 
Intercompany eliminations-102-58-79-96 
Total1,3911,2359541,046892


Operating Income by Segment
$ Mil20252024
Marketing and Distribution4461
Blueberries1319
International Farming8-13
Elimination of intersegment profit-0-1
Total6566


Price Behavior

Price Behavior
Market Price$13.07 
Market Cap ($ Bil)0.9 
First Trading Date10/09/2020 
Distance from 52W High-14.8% 
   50 Days200 Days
DMA Price$12.84$12.90
DMA Trendupup
Distance from DMA1.8%1.3%
 3M1YR
Volatility34.5%36.0%
Downside Capture-31.76-3.69
Upside Capture28.337.67
Correlation (SPY)-0.7%2.4%
AVO Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta0.500.35-0.060.170.100.50
Up Beta0.39-0.35-0.050.150.340.63
Down Beta-0.510.331.100.180.060.44
Up Capture59%64%-15%3%2%17%
Bmk +ve Days10213268138427
Stock +ve Days10213159133380
Down Capture80%63%-103%40%2%69%
Bmk -ve Days11213259113324
Stock -ve Days11213367114357

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AVO
AVO8.7%35.9%0.29-
Sector ETF (XLP)7.2%14.4%0.2526.5%
Equity (SPY)16.5%13.0%0.902.3%
Gold (GLD)10.5%29.6%0.341.1%
Commodities (DBC)40.5%20.8%1.52-7.3%
Real Estate (VNQ)3.2%13.6%-0.0220.3%
Bitcoin (BTCUSD)-24.6%44.7%-0.501.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AVO
AVO-7.3%35.6%-0.14-
Sector ETF (XLP)5.8%13.7%0.2031.2%
Equity (SPY)13.5%17.2%0.6026.1%
Gold (GLD)18.2%18.9%0.783.1%
Commodities (DBC)10.6%19.6%0.421.6%
Real Estate (VNQ)0.9%18.9%-0.0631.7%
Bitcoin (BTCUSD)15.3%52.4%0.4612.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AVO
AVO0.6%36.1%0.11-
Sector ETF (XLP)7.3%14.9%0.3527.9%
Equity (SPY)15.4%17.9%0.7325.4%
Gold (GLD)11.8%16.4%0.593.1%
Commodities (DBC)8.3%18.1%0.372.5%
Real Estate (VNQ)4.6%20.7%0.1829.6%
Bitcoin (BTCUSD)63.5%66.2%1.0311.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date9152026
Short Interest: Shares Quantity5.1 Mil
Short Interest: % Change Since 83120264.0%
Average Daily Volume0.8 Mil
Days-to-Cover Short Interest6.4 days
Basic Shares Quantity82.8 Mil
Short % of Basic Shares6.2%

Earnings Returns History

Updated 9/17/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/8/20264.3%-3.7% 
6/8/20267.5%10.6%32.0%
3/12/2026-8.2%-5.2%11.3%
12/18/20250.5%-11.1%-0.1%
9/8/20251.6%-0.2%-9.6%
6/5/20255.0%15.6%14.8%
3/10/2025-13.2%-13.5%-17.2%
12/19/202417.3%15.7%-2.1%
...
SUMMARY STATS   
# Positive1499
# Negative91413
Median Positive4.6%5.9%8.1%
Median Negative-8.5%-4.8%-7.9%
Max Positive17.3%15.7%33.3%
Max Negative-15.2%-20.5%-19.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/8/20264.3%-3.7% 
6/8/20267.5%10.6%32.0%
3/12/2026-8.2%-5.2%11.3%
12/18/20250.5%-11.1%-0.1%
9/8/20251.6%-0.2%-9.6%
6/5/20255.0%15.6%14.8%
3/10/2025-13.2%-13.5%-17.2%
12/19/202417.3%15.7%-2.1%
6/6/2024-2.5%-8.7%-15.4%
3/11/202412.1%11.8%7.1%
12/21/20236.6%5.4%5.7%
9/11/2023-2.3%5.9%8.1%
6/8/20237.0%-3.7%-9.3%
3/9/2023-2.7%-1.4%3.7%
12/22/2022-15.2%-20.5%-15.0%
9/8/20220.8%-0.5%-6.7%
6/8/20225.5%2.7%3.2%
3/10/2022-10.9%-11.9%-2.4%
12/22/2021-8.5%-8.8%-19.5%
9/13/2021-9.8%-4.3%-7.9%
6/10/20213.7%3.0%-6.4%
3/10/20211.2%-3.3%-6.3%
1/19/20213.5%3.8%33.3%
SUMMARY STATS   
# Positive1499
# Negative91413
Median Positive4.6%5.9%8.1%
Median Negative-8.5%-4.8%-7.9%
Max Positive17.3%15.7%33.3%
Max Negative-15.2%-20.5%-19.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
07/31/202609/08/202610-Q
04/30/202606/08/202610-Q
01/31/202603/12/202610-Q
10/31/202512/18/202510-K
07/31/202509/08/202510-Q
04/30/202506/05/202510-Q
01/31/202503/10/202510-Q
10/31/202412/19/202410-K
07/31/202409/09/202410-Q
04/30/202406/06/202410-Q
01/31/202403/11/202410-Q
10/31/202312/21/202310-K
07/31/202309/11/202310-Q
04/30/202306/08/202310-Q
01/31/202303/09/202310-Q
10/31/202212/22/202210-K
Collapse to Preview
Report DateFiling DateFiling
07/31/202609/08/202610-Q
04/30/202606/08/202610-Q
01/31/202603/12/202610-Q
10/31/202512/18/202510-K
07/31/202509/08/202510-Q
04/30/202506/05/202510-Q
01/31/202503/10/202510-Q
10/31/202412/19/202410-K
07/31/202409/09/202410-Q
04/30/202406/06/202410-Q
01/31/202403/11/202410-Q
10/31/202312/21/202310-K
07/31/202309/11/202310-Q
04/30/202306/08/202310-Q
01/31/202303/09/202310-Q
10/31/202212/22/202210-K
07/31/202209/08/202210-Q
04/30/202206/08/202210-Q
01/31/202203/10/202210-Q
10/31/202112/22/202110-K
07/31/202109/13/202110-Q
04/30/202106/10/202110-Q
01/31/202103/11/202110-Q
10/31/202001/19/202110-K
07/31/202010/02/2020424B4
04/30/202009/04/2020S-1

Recent Forward Guidance

Updated 9/28/2026

Latest: Q3 2026 Earnings Reported 9/8/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q4 2026 Avocado Industry Volume GrowthReported 10.0%  2.5%Higher NewGuidance: 7.5% for Q3 2026
Q4 2026 Avocado Pricing GrowthReported -10.0%  5.0%Higher NewGuidance: -15.0% for Q3 2026
Q4 2026 Adjusted EBITDAReported52.00 Mil53.50 Mil55.00 Mil78.3% Higher NewGuidance: 30.00 Mil for Q3 2026
2026 Annualized SynergiesReported30.00 Mil30.00 Mil   Raised
2026 Exportable Avocado Production (Peru)Reported120.00 Mil125.00 Mil130.00 Mil0.0% Same NewGuidance: 125.00 Mil for Q3 2026
2026 Capital ExpendituresReported 45.00 Mil 0.0% AffirmedGuidance: 45.00 Mil for 2026


Prior: Q2 2026 Earnings Reported 6/8/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q3 2026 Avocado Industry Volume GrowthReported5.0%7.5%10.0%-40.0%-5.0%Lower NewGuidance: 12.5% for Q2 2026
Q3 2026 Exportable Avocado ProductionReported120.00 Mil125.00 Mil130.00 Mil   
Q3 2026 Pricing ChangeReported -0.15  17.5%Higher NewGuidance: -0.33 for Q2 2026
Q3 2026 Adjusted EBITDAReported28.00 Mil30.00 Mil32.00 Mil   
2026 Adjusted EBITDAReported84.00 Mil86.00 Mil88.00 Mil   
2026 Capital ExpendituresReported 45.00 Mil 12.5% RaisedGuidance: 40.00 Mil for 2026

Q1 2026 Earnings Reported 3/12/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Avocado Industry Volume GrowthReported10.0%12.5%15.0%   
Q2 2026 Pricing ChangeReported-0.35-0.33-0.3   
2026 Capital ExpendituresReported 40.00 Mil 0 AffirmedGuidance: 40.00 Mil for 2026

Q4 2025 Earnings Reported 12/18/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Avocado Industry Volume GrowthReported 10.0% -33.3%-5.0%Lower NewGuidance: 15.0% for Q4 2025
Q1 2026 Avocado Pricing ChangeReported -0.25  -2.5%Lower NewGuidance: -0.23 for Q4 2025
2026 Capital ExpendituresReported 40.00 Mil -23.8% Lower NewGuidance: 52.50 Mil for 2025

Insider Activity

Updated 9/25/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Barnard, Stephen JExecutive ChairmanSTEPHEN J. BARNARD GT TRUSTSell925202613.0010,391135,08321,902,322Form
2Barnard, Stephen JExecutive ChairmanSHELLY R. BARNARD GT TRUSTSell925202613.0011,255146,31521,902,322Form
3Barnard, Stephen JExecutive ChairmanSTEPHEN J. BARNARD GT TRUSTSell923202613.0154,332706,85922,054,357Form
4Barnard, Stephen JExecutive ChairmanSHELLY R. BARNARD GT TRUSTSell923202613.0157,026741,90822,065,597Form
5Barnard, Stephen JExecutive ChairmanBARNARD PROPERTIES, LLCSell921202612.5435,062  Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Barnard, Stephen JExecutive ChairmanSTEPHEN J. BARNARD GT TRUSTSell925202613.0010,391135,08321,902,322Form
2Barnard, Stephen JExecutive ChairmanSHELLY R. BARNARD GT TRUSTSell925202613.0011,255146,31521,902,322Form
3Barnard, Stephen JExecutive ChairmanSTEPHEN J. BARNARD GT TRUSTSell923202613.0154,332706,85922,054,357Form
4Barnard, Stephen JExecutive ChairmanSHELLY R. BARNARD GT TRUSTSell923202613.0157,026741,90822,065,597Form
5Barnard, Stephen JExecutive ChairmanBARNARD PROPERTIES, LLCSell921202612.5435,062  Form
6Barnard, Stephen JExecutive ChairmanSTEPHEN J. BARNARD GT TRUSTSell921202613.005006,50022,743,721Form
7Barnard, Stephen JExecutive ChairmanSTEPHEN J. BARNARD GT TRUSTSell915202613.0234,777452,79722,785,221Form
8Barnard, Stephen JExecutive ChairmanSHELLY R. BARNARD GT TRUSTSell915202613.0131,719412,66422,807,506Form
9Barnard, Stephen JExecutive ChairmanBARNARD PROPERTIES, LLCSell915202613.1015,000196,500459,312Form
10Gonzalez, Luis A BY BELDAR ENTERPRISESSell804202613.5367,344910,93594,800,703Form
11Gonzalez, Luis A BY BELDAR ENTERPRISESSell804202613.5372,424979,96295,742,064Form
12Gonzalez, Luis A BY BELDAR ENTERPRISESSell804202613.3261,408817,69195,183,726Form
13Globalharvest, Holdings Venture Ltd DirectBuy710202613.28592,9577,874,469172,153,899Form
14Globalharvest, Holdings Venture Ltd DirectBuy709202613.42687,2229,222,519166,011,291Form
15Globalharvest, Holdings Venture Ltd DirectBuy709202613.40491,8656,590,991156,555,108Form
16Globalharvest, Holdings Venture Ltd DirectBuy708202612.73650,4158,279,783142,465,911Form
17Pack, Jay A DirectBuy630202612.1040,000484,0007,017,576Form
18Giles, Bryan ECHIEF FINANCIAL OFFICERDirectSell629202612.135,00060,6501,782,273Form
19Taylor, Bruce C Taylor Fresh Foods, Inc.Buy623202611.2570,283790,6849,628,222Form
20Taylor, Bruce C Taylor Fresh Foods, Inc.Buy623202611.3629,717337,5858,923,950Form
21Taylor, Bruce C Taylor Fresh Foods, Inc.Buy622202611.27286,4103,227,8418,518,339Form
22Taylor, Bruce C Taylor Fresh Foods, Inc.Buy617202611.4013,590154,9265,351,525Form
23Pack, Jay A DirectBuy617202611.34110,7191,255,5536,123,203Form
24Pack, Jay A spouseBuy617202611.3477,831882,6041,020,600Form
25Taylor, Bruce C Taylor Fresh Foods, Inc.Buy617202611.29300,0003,387,0005,146,456Form
26Taylor, Bruce C DirectBuy615202611.1410,000111,4008,416,326Form
27Taylor, Bruce C Taylor Fresh Foods, Inc.Buy615202611.16155,8421,739,1971,739,197Form
28Pack, Jay A DirectBuy615202611.0325,281278,8494,734,583Form
29Pack, Jay A spouseBuy615202611.0412,169134,346134,346Form
30Globalharvest, Holdings Venture Ltd DirectBuy318202611.943,69544,118119,299,429Form
31Globalharvest, Holdings Venture Ltd DirectBuy317202611.87176,7652,098,201118,556,159Form
32Globalharvest, Holdings Venture Ltd DirectBuy317202611.9940,509485,703117,635,293Form
33Globalharvest, Holdings Venture Ltd DirectBuy123202613.8071,750990,150134,834,390Form
34Globalharvest, Holdings Venture Ltd DirectBuy123202612.92237,2703,065,528125,309,245Form
35Globalharvest, Holdings Venture Ltd DirectBuy120202611.76985,70411,591,251103,920,852Form
36Globalharvest, Holdings Venture Ltd DirectBuy109202611.9613,683163,64993,896,764Form
37Globalharvest, Holdings Venture Ltd DirectBuy109202611.617,47286,75090,990,089Form
38Globalharvest, Holdings Venture Ltd DirectBuy105202611.5888,8641,029,04589,897,578Form
39Globalharvest, Holdings Venture Ltd DirectBuy105202611.59104,8991,215,77988,945,276Form
40Globalharvest, Holdings Venture Ltd DirectBuy105202611.6196,1901,116,76687,880,885Form
41Globalharvest, Holdings Venture Ltd DirectBuy1230202511.6059,761693,22886,689,387Form
42Globalharvest, Holdings Venture Ltd DirectBuy1230202511.6413,679159,22486,292,698Form
43Globalharvest, Holdings Venture Ltd DirectBuy1230202511.6015,365178,23485,837,483Form
44Globalharvest, Holdings Venture Ltd DirectBuy1230202511.61112,5051,306,18385,733,093Form
45Globalharvest, Holdings Venture Ltd DirectBuy1114202512.4825,914323,40790,753,474Form
46Globalharvest, Holdings Venture Ltd DirectBuy1113202512.465,26265,56590,285,148Form
47Globalharvest, Holdings Venture Ltd DirectBuy1110202512.033,54542,64687,106,066Form
48Globalharvest, Holdings Venture Ltd DirectBuy1110202511.9472,165861,65086,412,072Form
49Globalharvest, Holdings Venture Ltd DirectBuy1106202511.707849,17383,830,816Form
50Globalharvest, Holdings Venture Ltd DirectBuy1106202511.6949,055573,45383,750,001Form

Investor Activity (13F)

Updated Sep 30, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Slotnik Capital, LLC$10.5 Mil3.1%24New13F
Fourth Sail Capital LP$15.3 Mil2.5%25ADD +1674.0%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Slotnik Capital, LLC$10.5 Mil3.1%24New13F
Fourth Sail Capital LP$15.3 Mil2.5%25ADD +1674.0%13F
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Fourth Sail Capital LP$15.3 Mil2.5%25ADD +1674.0%13F
Slotnik Capital, LLC$10.5 Mil3.1%24New13F
Core Cache Last Updated: 9/29/2026