Limoneira pivots toward sustained EBITDA growth by scaling avocado production and monetizing $200 million in non-core assets, offsetting near-term lemon market pressures.
Limoneira raised avocado volume guidance, announced asset monetizations, and cost savings, positioning for sustained EBITDA growth despite near-term lemon volume headwinds.
Limoneira reported third-quarter results below expectations due to lemon volume headwinds, yet remains bullish on long-term growth. The company raised its fiscal 2026 avocado volume guidance and is aggressively monetizing over $200 million in non-strategic land and water assets to strengthen its balance sheet and fund core operations.
The miss was primarily driven by lighter-than-anticipated lemon sales volume, exacerbated by increased lemon imports entering the U.S. market.