LMNR Reports Results
(NASDAQ:LMNR) reported third quarter 2025 results on September 8, 2025, with net revenue declining to $47.5 million from $63.3 million year-over-year and a net loss per diluted share of $0.06, compared to earnings of $0.35 per share in the prior year period. Key strategic developments include exploring development options for the Lienco Del Mar property, confirmation of $155 million in expected real estate cash flows over the next five fiscal years, and progress toward a $5 million EBITDA enhancement (non-GAAP) through the Sunkist marketing partnership in fiscal 2026. The company's fiscal year ends on October 31.
While agribusiness revenue declined 25.7% year-over-year and fresh packed lemon prices fell to $17.02 per carton from $18.43 year-over-year, management reaffirmed that the Sunkist partnership is expected to improve both cost structure and market access. The partnership targets operational efficiencies and entry into higher-quality customer segments beginning in fiscal 2026.
This initiative should deliver meaningful margin improvement and reduce volatility in the lemon segment, supporting EBITDA upside.
Source Fool.com