Limoneira FY26 Q3 net loss widens to $3 million; revenue drops 7.79% to $43.8 million
LMNR•Q3 revenue and loss widen
Limoneira fiscal Q3 net revenues fell 7.79% to $43.8 million on lower brokered citrus sales tied to the Sunkist transition.
Net loss applicable to common stock widened to $3 million, or $0.17 per diluted share, from $1 million a year earlier.
Operating loss widened to $3 million, partly offset by lower SG&A of $4 million versus $5 million a year earlier.
Fresh lemon sales improve while vineyard sale is agreed
Fresh lemon carton sales rose to $27.3 million as average price increased to $19.88 per carton; volume slipped to 1,373,000 cartons.
Limoneira also agreed to sell the 724-acre Windfall Farms vineyard property for $15 million cash and expects closing on Sept. 14, 2026.
