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Limoneira (LMNR)

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Earnings summaries and quarterly performance for Limoneira.

Recent press releases and 8-K filings for LMNR.

Limoneira Reports Q4 and FY 2025 Results, Outlines Strategic Transformation and FY 2026 Outlook
LMNR
Earnings
Guidance Update
New Projects/Investments
  • Limoneira reported a net loss per diluted share of $0.49 on $42.8 million in total net revenue for Q4 2025, and a net loss per diluted share of $0.93 on $159.7 million in total net revenue for the full fiscal year 2025.
  • The company anticipates $10 million in cost savings in fiscal year 2026 from its Sunkist partnership and operational restructuring, aiming to improve its core operating agricultural business EBITDA.
  • Strategic growth initiatives include expanding avocado production with significant increases expected in fiscal year 2027, and a planned organic recycling joint venture projected to generate $4-$5 million in additional EBITDA starting fiscal year 2027.
  • Asset monetization efforts include the sale of Chilean assets for $15 million, planned divestitures of other agricultural assets valued at approximately $40 million by the end of fiscal year 2026, and expected water monetization of $50-$70 million through fiscal year 2027.
  • For fiscal year 2026, the company provided guidance of fresh lemon volumes between 4-4.5 million cartons and avocado volumes between 5-6 million lb. Long-term debt as of October 31, 2025, was $72.5 million, and more favorable banking covenants were negotiated.
Dec 23, 2025, 9:30 PM
Limoneira Reports Q4 2025 Revenue and Details Strategic Transformation Initiatives
LMNR
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • Limoneira reported Q4 2025 total net revenue of $42.8 million, a decrease from $43.9 million in the prior year period.
  • The company expects $10 million in cost savings in fiscal year 2026 from its Sunkist partnership and operational restructuring initiatives, including a 50% reduction in SG&A.
  • Strategic growth initiatives include expanding avocado production, with 700 additional acres expected to bear fruit over the next 3-4 years, representing a near 100% increase in production capacity, and guidance for 5-6 million pounds in fiscal year 2026.
  • Limoneira anticipates $155 million in real estate distributions over the next five fiscal years and projects an additional $50-$70 million in value from water rights monetization through fiscal year 2027.
  • Asset divestitures include the $15 million sale of Chilean assets and planned monetization of Windfall Farms vineyard and Argentina agricultural assets, together valued at approximately $40 million, by the end of fiscal year 2026.
Dec 23, 2025, 9:30 PM
Limoneira Reports Q4 and Full Fiscal Year 2025 Results Amidst Business Transformation
LMNR
Earnings
Guidance Update
New Projects/Investments
  • Limoneira reported a net loss per diluted share of $0.49 for Q4 2025 and $0.93 for the full fiscal year 2025, with total net revenue of $42.8 million for Q4 2025 and $159.7 million for FY 2025. The company's adjusted EBITDA for FY 2025 was a loss of $6.5 million, compared to an income of $26.7 million in FY 2024.
  • The company is undergoing a business model transformation, with the Sunkist partnership expected to yield $10 million in cost savings in fiscal year 2026 and a 50% reduction in SG&A (approximately $10 million). This shift will also alter the seasonal cadence of quarterly results, making Q3 and Q4 stronger.
  • Limoneira is actively monetizing non-strategic assets, including the sale of Chilean assets for $15 million and targeting an additional $40 million from Windfall Farms and Argentina agricultural assets by the end of fiscal year 2026. Growth initiatives include expanding avocado production, with an additional 700 acres coming into bearing over the next three to four years, and a planned organic recycling joint venture expected to generate $4-$5 million in additional EBITDA annually starting in fiscal year 2027.
  • Long-term debt increased to $72.5 million as of October 31, 2025, resulting in a net debt position of $71 million. The company recently negotiated more favorable banking covenants, allowing full use of its $115 million credit facility, and aims to reduce debt to a target of $40 million.
Dec 23, 2025, 9:30 PM
Limoneira Announces Fiscal Year 2025 Financial Results and 2026 Guidance
LMNR
Earnings
Guidance Update
New Projects/Investments
  • Limoneira reported a net loss of $8.8 million (or $0.49 per diluted share) for the fourth quarter of fiscal year 2025 and a net loss of $16.5 million (or $0.93 per diluted share) for the full fiscal year 2025.
  • The company incurred $7 million in strategic transformation costs in Q4 2025, but anticipates these decisions will yield approximately $10 million in savings and enhanced operational efficiencies in fiscal year 2026, partly due to the new Sunkist partnership.
  • Limoneira expects its 700 acres of non-bearing avocado trees to nearly double production capacity over the next three to four years, and projects $155 million in real estate distributions over the next five fiscal years.
  • For fiscal year 2026, the company forecasts fresh lemon volumes between 4.0 million and 4.5 million cartons and avocado volumes between 5.0 million and 6.0 million pounds.
Dec 23, 2025, 9:05 PM
Limoneira Company Announces Q4 and Full Fiscal Year 2025 Financial Results
LMNR
Earnings
Guidance Update
New Projects/Investments
  • For the fourth quarter of fiscal year 2025, Limoneira Company reported total net revenues of $42.8 million and a net loss applicable to common stock of $8.8 million, or $0.49 per diluted share. For the full fiscal year 2025, total net revenues were $159.7 million, with a net loss applicable to common stock of $16.5 million, or $0.93 per diluted share.
  • The fourth quarter net loss included $6.7 million in strategic transformation costs, which are expected to generate approximately $10 million in savings and enhanced operational efficiencies in fiscal year 2026.
  • The company's 700 acres of non-bearing avocado trees are projected to nearly double production capacity over the next three to four years. Additionally, a new partnership with Sunkist is anticipated to deliver significant annual cost savings and operational improvements starting in fiscal year 2026.
  • Limoneira's real estate pipeline is expected to provide $155 million in distributions over the next five fiscal years, with $10 million received in April 2025. The company also sold its Chilean ranches for approximately $15 million in November 2025.
Dec 23, 2025, 9:02 PM
Limoneira Company announces sale of Chilean ranches
LMNR
M&A
  • Limoneira Company sold its Chilean ranches, Pan de Azucar and San Pablo, for approximately $15 million on November 7, 2025.
  • The sale included approximately 500 acres of lemons and 100 acres of oranges.
  • The company expects to receive $6.8 million in initial cash proceeds, with the remaining $8,167,190 to be paid in installments based on excess free cash flows.
  • Limoneira will retain a 47% interest in a Chilean citrus packing, selling, and marketing business.
  • This transaction aligns with the company's strategy to monetize non-strategic land and water holdings.
Nov 13, 2025, 1:45 PM
Limoneira Closes Sale of Chilean Ranches
LMNR
M&A
New Projects/Investments
  • Limoneira completed the sale of its Chilean ranches, Pan de Azucar and San Pablo, for approximately $15 million on November 7, 2025.
  • The transaction included approximately 500 acres of lemons and 100 acres of oranges, with $6.8 million in cash proceeds received initially.
  • The company will maintain a 47% interest in a Chilean citrus packing, selling, and marketing business.
  • This sale is part of Limoneira's value creation strategy to monetize non-strategic land and water assets, with a remaining near-term pipeline of land assets valued at approximately $40 million and certain water rights valued at $50-$70 million.
Nov 13, 2025, 1:30 PM