Mission Produce (AVO) Reports Q2 Earnings Monday, Revenue Decline of 32.6% Expected

Mission Produce (NASDAQ: AVO) will release fiscal second-quarter earnings after U.S. markets close Monday, June 8, 2026. Analysts project revenue of roughly $188 million, a 32.6% year-over-year decline that would reverse the 27.8% growth posted in the same quarter a year earlier. The avocado distributor beat revenue estimates last quarter with $278.6 million, down 16.6% from the prior year, and exceeded gross margin and EBITDA forecasts. Over the past month, analysts have largely held their estimates steady, suggesting expectations of stable operations ahead of the report. The company has a track record of surpassing Wall Street projections. Within the perishable food sector, Freshpet and Tyson Foods both exceeded revenue consensus in their recent quarterly reports, though stock reactions diverged—Freshpet fell 7.1% while Tyson gained 7.5%. Mission Produce shares have dropped 21.8% in the last month, trading at $10.23, against an average analyst price target of $16.25.