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Why Mission Produce (AVO) Shares Are Plunging Today
Stock Story ·
Stock Story reports: What Happened? Shares of avocado company Mission Produce fell 11.3% in the afternoon session after the company unveiled five-year financial targets at its 2026 Investor Day. According to the company’s release, Mission is targeting mid-single-digit organic sales growth and about 300 basis points of margin expansion over five years, and it set a 2035 ambition to double sales and triple adjusted EBITDA. The margin goal rests on mix, synergies from the Calavo Growers deal,…