Latest news with #LimoneiraCompany
Yahoo
30-06-2025
- Business
- Yahoo
Limoneira Company (LMNR): Underperformed in Q1 2025 Amid Strategic Shift to Internal Growth
Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q1 2025 investor letter. A copy of the letter can be downloaded here. The Small Cap Core Strategy outperformed the Russell 2000 in Q1 2025, driven by strong stock selection and sector allocation. Within this strategy, the firm focuses on bottom-up fundamental research rather than making top-down macroeconomic bets. While much of the market discourse today is centered on tariffs and U.S. fiscal policy, the firm's focus remains on identifying high-quality companies. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Riverwater Partners Small Cap Strategy highlighted stocks such as Limoneira Company (NASDAQ:LMNR). Limoneira Company (NASDAQ:LMNR) is an agribusiness and real estate development company. The one-month return of Limoneira Company (NASDAQ:LMNR) was -0.38%, and its shares lost 22.06% of their value over the last 52 weeks. On June 26, 2025, Limoneira Company (NASDAQ:LMNR) stock closed at $15.86 per share, with a market capitalization of $286.574 million. Riverwater Partners Small Cap Strategy stated the following regarding Limoneira Company (NASDAQ:LMNR) in its Q1 2025 investor letter: "Limoneira Company (NASDAQ:LMNR) was our top detractor and underperformed in the first quarter of 2025, primarily due to the conclusion of its strategic review during this period, opting to focus on internal growth initiatives rather than pursuing external alternatives. This decision, while aimed at long-term value creation, may have contributed to short-term investor uncertainty, impacting stock performance. In short, our thesis remains that the company's assets currently trade at less than half of their true private market value. This is supported by the fact that management's strategy to increase cash flows and returns on capital is sound, focusing on: Converting lemon acreage to avocados which are 5 times more profitable per acre • Monetizing land and water rights • Optimizing existing lemon acreage to improve cash flow stability and lessen market volatility." A team of packing house workers packaging specialty citrus for customer orders. .Limoneira Company (NASDAQ:LMNR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 6 hedge fund portfolios held Limoneira Company (NASDAQ:LMNR) at the end of the first quarter, which was 5 in the previous quarter. In the second quarter of fiscal year 2025, Limoneira Company (NASDAQ:LMNR) reported total net revenue of $35.1 million, compared to $44.6 million in the same quarter of the previous fiscal year. While we acknowledge the potential of Limoneira Company (NASDAQ:LMNR) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of LMNR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
25-06-2025
- Business
- Yahoo
Limoneira Declares Quarterly Dividend
SANTA PAULA, Calif., June 25, 2025--(BUSINESS WIRE)--On June 24, 2025, the Board of Directors of Limoneira Company (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on July 18, 2025, to stockholders of record on July 7, 2025. About Limoneira Company Limoneira Company, a 132-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, Chile and Argentina. The Company is a leading producer of lemons, avocados and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit View source version on Contacts Investors: John MillsManaging PartnerICR 646-277-1254
Yahoo
09-06-2025
- Business
- Yahoo
Limoneira Announces Strategic Citrus Sales and Marketing Operations Merger with Sunkist Growers
Merger positions Limoneira for anticipated growth in both food service and retail markets Strategic partnership expected to generate $5 million in annual cost savings and EBITDA improvement beginning fiscal year 2026 SANTA PAULA, Calif., June 09, 2025--(BUSINESS WIRE)--Limoneira Company (the "Company" or "Limoneira") (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced a strategic merger of its citrus sales and marketing operations with Sunkist Growers, Inc. ("Sunkist"), creating a powerful platform to serve food service and retail sectors. Beginning in the first quarter of fiscal year 2026, Limoneira will return to Sunkist as one of their largest lemon growers and an exclusive Sunkist private licensed packer. This strategic reunion is expected to generate $5 million in annual cost savings and EBITDA improvement starting in fiscal year 2026 through planned streamlined operations and enhanced supply chain efficiency. Under the new agreement, Limoneira's sales and marketing team will transition to Sunkist, creating operational synergies through shared storage, washing, and packing capabilities across the Sunkist network. Harold Edwards, President and Chief Executive Officer of Limoneira, stated, "This strategic partnership represents a transformative moment in the citrus industry, combining two pioneering organizations to create an unmatched market presence. By uniting Limoneira's operational excellence with Sunkist's comprehensive distribution network and brand power, we are creating an industry-leading platform that strives to drive significant value for our customers, growers, and shareholders. Together, we plan to deliver reliable supply, operational efficiency, and complete category coverage to the nation's premier food service and retail customers, while generating meaningful cost savings and establishing a stronger foundation for sustainable growth." Jim Phillips, Chief Executive Officer of Sunkist, stated, "This is a strategic reconnection of entities with shared legacy, collaboration, values, and trust. We are focused on transforming our collective capabilities, insights, and expertise into increased value for our growers, packers, and customers." The partnership provides Limoneira with instant access to Sunkist's comprehensive citrus portfolio and premier retail customer base. This will create a stronger operational foundation for sustainable EBITDA growth and margin expansion. The company anticipates significant growth potential through enhanced grower recruitment capabilities and expanded access to foodservice and retail customers. Importantly, packing margins per carton are expected to increase, providing greater stability against lemon price fluctuations. The transaction is expected to close on November 1, 2025. About Limoneira Company Limoneira Company, a 132-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, Chile and Argentina. The Company is a leading producer of lemons, avocados and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit About Sunkist Growers, Inc. Sunkist Growers is a citrus marketing cooperative, founded in 1893, which is owned by and operated for over one thousand family farmers growing citrus in California and Arizona. For more information, visit Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Limoneira's current expectations about future events and can be identified by terms such as "expect," "may," "anticipate," "plan", "intend," "should," "will," "likely," "strive," and similar expressions referring to future periods. Limoneira believes the expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements. Actual results may differ materially from those expressed or implied in the forward-looking statements. Therefore, Limoneira cautions you against relying on any of these forward-looking statements. Factors that may cause future outcomes to differ materially from those foreseen in forward-looking statements include, but are not limited to: success in executing the Company's business plans and strategies including the merger of the Company's citrus sales and marketing into Sunkist Growers and managing the risks involved in the foregoing; the ability of the merger to improve efficiency and reduce costs; changes in laws, regulations, rules, quotas, tariffs and import laws; weather conditions that affect production, transportation, storage, import and export of fresh product; increased pressure from crop disease, insects and other pests; disruption of water supplies or changes in water allocations; disruption in the global supply chain; pricing and supply of raw materials and products; market responses to industry volume pressures; pricing and supply of energy; changes in interest and currency exchange rates; availability of financing for land development activities; political changes and economic crises; international conflict; acts of terrorism; labor disruptions, strikes or work stoppages; loss of important intellectual property rights; inability to pay debt obligations; inability to engage in certain transactions due to restrictive covenants in debt instruments; government restrictions on land use; and market and pricing risks due to concentrated ownership of stock. Other risks and uncertainties include those that are described in Limoneira's SEC filings that are available on the SEC's website at Limoneira undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law. View source version on Contacts Investor: John MillsManaging PartnerICR 646-277-1254 Corporate Communications: Michael GonzalesMarketing ManagerLimoneira Company805-525-5541 ext. 1069 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
09-06-2025
- Business
- Business Wire
Limoneira Announces Strategic Citrus Sales and Marketing Operations Merger with Sunkist Growers
SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the 'Company' or 'Limoneira') (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced a strategic merger of its citrus sales and marketing operations with Sunkist Growers, Inc. ('Sunkist'), creating a powerful platform to serve food service and retail sectors. Beginning in the first quarter of fiscal year 2026, Limoneira will return to Sunkist as one of their largest lemon growers and an exclusive Sunkist private licensed packer. This strategic reunion is expected to generate $5 million in annual cost savings and EBITDA improvement starting in fiscal year 2026 through planned streamlined operations and enhanced supply chain efficiency. Under the new agreement, Limoneira's sales and marketing team will transition to Sunkist, creating operational synergies through shared storage, washing, and packing capabilities across the Sunkist network. Harold Edwards, President and Chief Executive Officer of Limoneira, stated, 'This strategic partnership represents a transformative moment in the citrus industry, combining two pioneering organizations to create an unmatched market presence. By uniting Limoneira's operational excellence with Sunkist's comprehensive distribution network and brand power, we are creating an industry-leading platform that strives to drive significant value for our customers, growers, and shareholders. Together, we plan to deliver reliable supply, operational efficiency, and complete category coverage to the nation's premier food service and retail customers, while generating meaningful cost savings and establishing a stronger foundation for sustainable growth.' Jim Phillips, Chief Executive Officer of Sunkist, stated, 'This is a strategic reconnection of entities with shared legacy, collaboration, values, and trust. We are focused on transforming our collective capabilities, insights, and expertise into increased value for our growers, packers, and customers.' The partnership provides Limoneira with instant access to Sunkist's comprehensive citrus portfolio and premier retail customer base. This will create a stronger operational foundation for sustainable EBITDA growth and margin expansion. The company anticipates significant growth potential through enhanced grower recruitment capabilities and expanded access to foodservice and retail customers. Importantly, packing margins per carton are expected to increase, providing greater stability against lemon price fluctuations. The transaction is expected to close on November 1, 2025. About Limoneira Company Limoneira Company, a 132-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, Chile and Argentina. The Company is a leading producer of lemons, avocados and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit About Sunkist Growers, Inc. Sunkist Growers is a citrus marketing cooperative, founded in 1893, which is owned by and operated for over one thousand family farmers growing citrus in California and Arizona. For more information, visit Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Limoneira's current expectations about future events and can be identified by terms such as 'expect,' 'may,' 'anticipate,' "plan", 'intend,' 'should,' 'will,' 'likely,' 'strive,' and similar expressions referring to future periods. Limoneira believes the expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements. Actual results may differ materially from those expressed or implied in the forward-looking statements. Therefore, Limoneira cautions you against relying on any of these forward-looking statements. Factors that may cause future outcomes to differ materially from those foreseen in forward-looking statements include, but are not limited to: success in executing the Company's business plans and strategies including the merger of the Company's citrus sales and marketing into Sunkist Growers and managing the risks involved in the foregoing; the ability of the merger to improve efficiency and reduce costs; changes in laws, regulations, rules, quotas, tariffs and import laws; weather conditions that affect production, transportation, storage, import and export of fresh product; increased pressure from crop disease, insects and other pests; disruption of water supplies or changes in water allocations; disruption in the global supply chain; pricing and supply of raw materials and products; market responses to industry volume pressures; pricing and supply of energy; changes in interest and currency exchange rates; availability of financing for land development activities; political changes and economic crises; international conflict; acts of terrorism; labor disruptions, strikes or work stoppages; loss of important intellectual property rights; inability to pay debt obligations; inability to engage in certain transactions due to restrictive covenants in debt instruments; government restrictions on land use; and market and pricing risks due to concentrated ownership of stock. Other risks and uncertainties include those that are described in Limoneira's SEC filings that are available on the SEC's website at Limoneira undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law.
Business Wire
27-05-2025
- Business
- Business Wire
Limoneira to Announce Second Quarter 2025 Financial Results on June 9, 2025
SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the 'Company' or 'Limoneira') (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today it will release financial results for the second quarter ended April 30, 2025, on Monday, June 9, 2025, after the market close. The Company will host a conference call to discuss its financial results on June 9, 2025, at 1:30 pm Pacific Time (4:30 pm Eastern Time). Investors interested in participating in the live call can dial (877) 407-0789 from the U.S. International callers can dial (201) 689-8562. A telephone replay will be available approximately three hours after the call concludes and will be available through Monday, June 23, 2025, by dialing (844) 512-2921 from the U.S., or (412) 317-6671 from international locations; passcode is 13753683. There also will be a simultaneous, live webcast available on the Investor Relations section of the Company's web site at The webcast will be archived for 30 days. About Limoneira Company Limoneira Company, a 132-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, Chile and Argentina. The Company is a leading producer of lemons, avocados and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit
