Mission Produce, Inc.

Mission Produce, Inc. farms, packs, markets, and distributes avocados, with a smaller blueberry business and limited other fruit activities. The company operates a vertically integrated supply chain that spans owned orchards, third-party sourcing, packing facilities, ripening, and global distribution to retail, wholesale, and foodservice customers.

7,2 %

11,6 %

2,7 %

+12,7 %

1.95

1.35

— Mission Produce, Inc.
%
Avocado Marketing & Distribution75% Sourcing fruit from growers and distributing avocados through the global network.
International Farming18% Owned orchards in Peru and Guatemala that produce avocados and some other crops, plus packing/processing services.
Blueberries5% Cultivation and harvesting of blueberries, with substantially all output sold under an exclusive marketing agreement.
Value-Added Services2% Ripening, bagging, custom packaging, merchandising support, and logistical management tied to produce distribution.

Mission Produce sells primarily to retail, wholesale, and foodservice customers that need consistent avocado supply,...

  • Retail customersprimary

    Buy avocados for grocery shelves and value-added packaging; they want consistent quality, shelf life, and promotional support.

  • Wholesale customersprimary

    Buy in volume for redistribution and need dependable supply, pricing, and logistics across markets.

  • Foodservice customerssecondary

    Buy avocados for restaurants and institutional channels where timing, specification, and continuity matter.

  • Third-party growers and producerssecondary

    Use the company's packing, processing, and distribution capabilities to move fruit efficiently to market.

  • Blueberry distributoremerging

    Purchases substantially all blueberry production under an exclusive marketing agreement.

Mission Produce sources avocados mainly from Mexico, Peru, and California, with additional supply from Colombia,...

  • •Supply originates mainly in Mexico, Peru, and California
  • •Additional sourcing from Colombia, Guatemala, South Africa, and Chile
  • •Distribution centers across North America, China, Europe, and the U.K.
  • •Farming operations are principally in Peru and Guatemala
  • •Packing facilities in Mexico, Peru, and California support supply chain control

The company is focused on securing year-round avocado supply through a diversified sourcing base and its own farming...

01
Grow owned farming outputmedium-term

Owned orchards improve supply control, support customer commitments, and can lift margins versus pure distribution.

02
Optimize supply chain and distribution footprintshort-term

A tighter network lowers cost, improves service levels, and helps absorb volatility in sourcing and freight.

03
Strengthen customer service and market accessmedium-term

Retail and foodservice customers value reliability, specification compliance, and promotional support.

Mission Produce is exposed to concentration risk because avocados are its main product and supply is seasonal,...

high

Single-product concentration in avocados

Most revenue and operating leverage depend on one main crop, so supply or demand shocks hit the whole business.

Scope
Avocado farming, sourcing, marketing, and distribution
Materiality
high
high

Supply chain disruption and logistics inflation

The company relies on trucking, ocean, air, rail, third-party providers, and cold-chain handling to move perishables.

Scope
Fuel, freight, packing, and service-provider costs
Materiality
high
high

Customer concentration

Loss or reduced purchasing by a major customer can quickly reduce sales and profits.

Scope
Retail, wholesale, and foodservice accounts
Materiality
high
high

Agricultural yield volatility

Weather, pests, disease, and farm productivity directly affect available volume and unit economics.

Scope
Owned orchards in Peru, Guatemala, and blueberries
Materiality
high
medium

Trade and tariff exposure

Cross-border sourcing and distribution can be affected by tariffs and policy changes, as seen with temporary USMCA-related tariffs.

Scope
Mexico-to-U.S. trade and international sourcing
Materiality
medium
Seasonality and harvest timing
Quarterly gross profit and segment EBITDA can vary materially
Lease accounting
Operating lease liabilities and depreciation/amortization
Goodwill impairment
Potential non-cash write-downs
Facility closure and restructuring charges
Short-term margin pressure and comparability noise
Debt accounting
Net leverage and financing flexibility

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: 28/04/2026