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Stock impact report

Limoneira's Top Line Surges on Strong Lemon Sales [The Motley Fool]

Limoneira Co (LMNR) 
Last limoneira co earnings: 3/11 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.limoneira.com/investor-relations
Company Research Source: The Motley Fool
Limoneira's Top Line Surges on Strong Lemon Sales Santa Paula, California-based fruit producer Limoneira Company NASDAQ:LMNR Note that all comparative numbers in the discussion that follows are presented against the prior-year quarter the fiscal first quarter of 08). Limoneira: The raw numbers Metric Q 09 Q 08 Growth YOY) Revenue $ million $. million .9% Net income loss) $.8 million) $8. million N/A Diluted earnings per share $0.8) $0.8 Data source: Limoneira Company. YOY = year over year. What happened this quarter? Lemon sales increased by 9% to $8. million. The increase resulted partially from a spillover effect due to the delayed Lemon volume jumped nearly 0% to .7 million cartons during the quarter. However, the average selling price per carton dropped to $.0, versus $. in the prior-year quarter. Management attributed the decrease in selling price to colder weather, which affected dining habits, as well as lower-priced foreign fruit entering the U.S. market over the last three Show less Read more
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