Limoneira losses grow as coronavirus hurts sales

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Limoneira losses grow as coronavirus hurts sales

By Staff Report / Thursday, March 12th, 2020 / Comments Off on Limoneira losses grow as coronavirus hurts sales

Revenue for Santa Paula-based Limoneira stayed relatively flat for the first quarter at $41.7 million, but net losses jumped 37 percent to $6.5 million. Higher overall volumes of lemons were offset by declines in high quality fruit, CEO Harold Edwards said in a news release. The global outbreak of the coronavirus also impacted sales, he…

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