Record Third Quarter Revenue
Mission Produce delivered record third quarter revenue of $357 million, up 10% from the previous year, showcasing strong execution and global positioning.
Strong International Farming Segment
The International Farming segment delivered exceptional results, with gross sales increasing 79% to $49 million and segment adjusted EBITDA up 163% to $12.1 million.
European Sales Surge
European sales increased 37% in the third quarter compared to the prior year, driven by improved market penetration and enhanced facility utilization in the U.K.
Blueberries Segment Growth
Net sales in the Blueberries segment increased to $4.5 million from $1.6 million in the prior year period, with adjusted EBITDA growing to $0.4 million due to higher volumes and pricing.