Limoneira reports Q4 EPS (49c), two estimates (11c)

Reports Q4 revenue $42.8M, two estimates $35.4M. Harold Edwards, President and Chief Executive Officer of the Company, stated, “Fiscal 2025 represents a transformational year in Limoneira’s (LMNR) strategic evolution from moving our primary focus away from an oversupplied lemon offering to avocados, which provide much greater demand and stronger long-term consumption growth potential. The fourth quarter included strategic transformation costs totaling approximately $7 million, and these decisions are expected to yield approximately $10 million in savings and enhanced operational efficiencies in fiscal year 2026. We systematically took steps to address the fundamental oversupply in global lemon markets by repositioning around what we believe to be sustainable competitive advantages, including our new partnership with Sunkist. The partnership is expected to deliver concrete benefits starting in fiscal 2026 by achieving meaningful annual cost savings and operational improvements. It is also intended to remove pricing pressure while strengthening our packing margins and providing access to premium Sunkist customers.”