July 19, 2024
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Limoneira pleased by FY2023 despite revenue dip

By   /  Thursday, December 28th, 2023  /  Agribusiness, Earnings, Regions, Subscriber content, Top Stories, Top Story, Tri-County Public Companies, Ventura County  /  Comments Off on Limoneira pleased by FY2023 despite revenue dip

Despite a 2.5% dip in fiscal year 2023 revenues compared to fiscal year 2022, the CEO of Santa Paula-based Limoneira says he’s pleased with the agribusiness’s year-over-year performance. “We achieved our full-year avocado and revised lemon volume guidance despite harsh weather conditions and softer lemon pricing throughout most of the year,” Harold Edwards said during Read More →

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Limoneria’s 2023 revenues dip, fourth quarter up

By   /  Tuesday, December 26th, 2023  /  Agribusiness, Earnings, Latest news, left, Tri-County Public Companies  /  Comments Off on Limoneria’s 2023 revenues dip, fourth quarter up

Santa Paula-based Limoneira’s fiscal year 2023 revenues dipped 2.6% from fiscal year 2022, $179.9 million compared to $184.6 million, the agribusiness reported Dec. 21.  For the fourth quarter of fiscal year 2023, the company’s total net revenues were up 4.3% compared to fourth quarter 2022, $41.4 million to $39.7 million, the company said. Fiscal year Read More →

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Limoneira CEO says company isn’t looking to move  

By   /  Wednesday, December 13th, 2023  /  Agribusiness, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Limoneira CEO says company isn’t looking to move  

Santa Paula-based Limoneira is unlikely to leave the area if it sells some or all of the company as part of its strategic review, CEO Harold Edwards told the Business Times. “I just don’t see it,” he said during a Dec. 11 interview.  “This isn’t about us leaving. This is about us figuring out how Read More →

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Limoneira stock jumps with possible sale announcement

By   /  Friday, December 8th, 2023  /  Agribusiness, Latest news, middle, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Limoneira stock jumps with possible sale announcement

Santa Paula-based Limoneira’s stock price has jumped about 24% since Dec. 1 when it announced it’s looking into selling some or all parts of the company to maximize value for its stockholders. The 130-year-old company, one of Ventura County’s largest agribusinesses, said another possibility could be a merger. Limoneira is a producer of lemons, avocados and other Read More →

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Dole’s momentum continues in the third quarter

By   /  Wednesday, November 22nd, 2023  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Dole’s momentum continues in the third quarter

Westlake Village-based Dole plc reported its third-quarter earnings on Nov. 16 and noted higher revenue and net income than in the same quarter a year ago. Dole reported revenue worth $2 billion for the quarter ended Sept. 30, up 4.2% from the same quarter a year ago. In a press release, Dole said the revenue Read More →

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Paso Robles vineyard sold for $1B 

By   /  Thursday, November 2nd, 2023  /  Agribusiness, Latest news, San Luis Obispo County, Top Stories, Top Story, Tri-County Economy, Wine & Viticulture  /  Comments Off on Paso Robles vineyard sold for $1B 

Daou Vineyards, located in Paso Robles, is now a part of one of the largest deals in the region in 2023 after announcing that it would be sold to an Australian wine estate for as much as $1 billion. Owned by Georges and Daniel Daou, the vineyard was sold to Australia’s Treasury Wine Estates, one Read More →

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Update: Second agriculture quarantine declared in Ventura County

By   /  Tuesday, October 31st, 2023  /  Agribusiness, Central Coast, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Update: Second agriculture quarantine declared in Ventura County

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