Mission Produce raises Calavo synergy target

Mission Produce ($AVO) now expects more than $30 million in annual synergies from integrating Calavo. Third-quarter fiscal 2026 revenue rose 26% to $450 million. The company posted a $6.5 million net loss, including $25.4 million in pre-tax acquisition-related expenses. Adjusted EBITDA was $32.4 million, and second-half guidance was reaffirmed.

Sources:

• Mission Produce — third-quarter FY26 results