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Limoneira sells Windfall Farms vineyard for $15M in all-cash deal expected to close September 14

LMNRLimoneira Co

Limoneira Company reported third-quarter fiscal 2026 results ending July 31, 2026, with total net revenues of $43.8 million and an operating loss of $3.0 million. The company entered a purchase agreement to sell its Windfall Farms vineyard property for $15.0 million in an all-cash transaction expected to close on September 14, 2026. Management raised full-year fiscal 2026 avocado volume guidance to 7.0–7.25 million pounds while narrowing lemon volume expectations to the lower end of the previous range due to higher imports and a transition of citrus brokerage operations to Sunkist. The company also anticipates receiving an additional $2.0 million in insurance proceeds for packinghouse losses in the fourth quarter. Limoneira Company operates as a diversified lemon and avocado growing, packing, and real estate development enterprise.

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