What Happened? Shares of avocado company Mission Produce (NASDAQ:AVO) fell 15.9% in the morning session after the company reported underwhelming first-quarter (fiscal 2025) results, as high expectations heading into the quarter made it difficult for the numbers to impress Wall Street.

Avocado company Mission Produce (NASDAQ:AVO) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 29.2% year on year to $334.2 million. Its non-GAAP profit of $0.10 per share was significantly above analysts’ consensus estimates.

Avocado grower Mission Produce (AVO) will look beyond Mexico to mitigate the impact of U.S. tariffs on imports from the country, but refrained

Avocado grower Mission Produce Inc. on Monday said it would try to work around any tariffs on imports from Mexico, but its outlook for the months ahead didn’t include the impact of those extra import taxes on business.