Strategic Partnership with Sunkist Growers
Limoneira will merge its citrus sales and marketing operations with Sunkist Growers, expected to save approximately $5 million a year in selling and marketing expenses and improve EBITDA by $5 million annually.
Avocado Revenue Increase
Avocado revenue increased to $2.8 million in Q2 2025 from $2.3 million in Q2 2024, with an impressive average price per pound of $2.26 compared to $1.47 in the previous year.
Operational Cost Reduction
Total costs and expenses decreased by 22% to $38.5 million compared to $49.3 million in the second quarter of last year, improving operational efficiency.
Real Estate Development Progress
Limoneira received $10 million from its joint venture with The Lewis Group of Companies and expects an additional $155 million from Harvest and East Area II over the next 6 fiscal years.