Mission Produce Targets Double Sales, Triple Profit by 2035

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Yesterday

Mission Produce (AVO) said Thursday at its 2026 Investor Day that it aims to double sales and triple profit by 2035 as part of a five-year growth strategy.

The company said it is targeting mid-single-digit organic sales growth and about 300 basis points of margin expansion over five years.

Mission said it expects high-single-digit organic adjusted EBITDA growth, while targeting more than 90% conversion of adjusted profit into free cash flow and net leverage below 1.5 times adjusted EBITDA.

The company also reaffirmed its fiscal H2 2026 adjusted EBITDA outlook of $84 million to $88 million, including $52 million to $55 million for fiscal Q4.

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