LMNR Limoneira Company (LMNR) Q2 FY26 earnings call
Limoneira is undergoing a strategic transformation, focusing on asset monetization and operational efficiency through its Sunkist partnership. Despite significant non-cash charges and a seasonally softer Q2, the company exceeded revenue and adjusted EBITDA expectations, reinforcing confidence in achieving positive adjusted EBITDA in the second half of FY26. Key initiatives include expanding avocado production, monetizing water rights and real estate, and realizing substantial SG&A savings.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
LMNR operating KPIs by quarter
| KPI | This call Apr 2026 Q2 FY26 | Jul 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|
| Fresh lemon cartons sold | ~1.028MWe sold approximately 1,028,000 cartons of fresh lemons at an average price of $16.63 per carton during the second quarter of fiscal year 2026, compared to 1,357,000 cartons at $14.52 per carton in the prior year second quarter.Source: earnings call transcript | ~1.373MWe sold approximately 1,373,000 cartons of fresh lemons at an average price of $19.88 per carton during the third quarter of fiscal year 2026, compared to 1,397,000 cartons at $17.02 per carton in the prior year third quarter.Source: earnings call transcript | — |
| Average fresh lemon price per carton | $16.63We sold approximately 1,028,000 cartons of fresh lemons at an average price of $16.63 per carton during the second quarter of fiscal year 2026, compared to 1,357,000 cartons at $14.52 per carton in the prior year second quarter.Source: earnings call transcript | $19.88We sold approximately 1,373,000 cartons of fresh lemons at an average price of $19.88 per carton during the third quarter of fiscal year 2026, compared to 1,397,000 cartons at $17.02 per carton in the prior year third quarter.Source: earnings call transcript | +19.5% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.