Limoneira opening South Africa branch
Santa Paula-based Limoneira announced April 10 that it is launching Limoneira South Africa, a new branch of its One World of Citrus model, and partnering with Re:inc to manage packing and sales. Limoneira South Africa, based in Paarl, South Africa, will ship area produce globally and “pursue joint venture farming and packing operations,” Alex Teague, Read More →
Read More →Limoneira revenues fell, loss grew in first quarter
Santa Paula-based Limoneira reported a loss of about $4 million and revenues fell $3 million in first quarter earnings results the company released March 10. Revenues fell from $28 million during the first quarter of 2015 to $25 million in 2016. Net losses widened from $1.4 million in 2015 to $3.9 million in 2016. Losses Read More →
Read More →Limoneira predicts sales gains after profits dip
Santa Paula-based Limoneira Co. said fourth-quarter revenue jumped sharply but that it experienced a decline in profit because of expenses for Sheldon Ranch, a new 1,000-acre lemon and citrus leasehold that is expected to be profitable in 2013. The company said it expects strong results from those lemon and citrus in 2013, when it also Read More →
Read More →Limoneira earnings, lemon sales on the rise
Limoneira Co. reported third-quarter profits of $5.1 million, a jump from the $1.5 million the company earned during the second quarter as lemon sales surged. The Santa Paula-based lemon grower’s third-quarter earnings are equal to 45 cents per share, up from 41 cents per share for the third quarter of last year. Earnings per share Read More →
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