Limoneira raises fiscal 2026 avocado volume guidance to 5.5–6.5M pounds
Limoneira Company raised its full-year fiscal 2026 avocado volume guidance to 5.5 million to 6.5 million pounds from a previous range of 5.0 million to 6.0 million pounds, citing strength in growing operations and maturation of 800 non-bearing acres over the next two to four years. The company reported second-quarter fiscal 2026 revenue of $23.9 million and announced completion of the Agromin joint venture and a $16 million partial sale of its Paso Robles vineyard asset.
Key facts
- Second quarter fiscal 2026 revenue: $23.9 million
- Avocado volume guidance raised to 5.5 million to 6.5 million pounds for fiscal 2026 from prior 5.0 million to 6.0 million pounds
- 800 acres of non-bearing avocados expected to mature over next two to four years
- Agromin joint venture completed in April 2026 (50%/50% with California Wood Recycling, Inc.)
- Paso Robles vineyard partial sale agreement for $16 million, expected to close in Q4 fiscal 2026
- Windfall Farms property impairment charge: $9.3 million in second quarter
- Loss and expected loss on disposal of assets: $7.8 million in second quarter
- Long-term debt as of April 30, 2026: $93.7 million
Why it matters
The raised avocado guidance and strategic asset monetization initiatives reflect Limoneira's execution of its value-creation strategy, though the company reported material asset impairments and operational losses in the quarter, signaling near-term headwinds offsetting longer-term growth prospects.
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Derived from 8-K filed 2026-06-09. Not investment advice. View the source filing on SEC.gov →