Why Avocado Toast May Get A Lot Cheaper
Why Avocado Toast May Get A Lot Cheaper
The company recorded $13.9 million of avocado revenue in the third quarter of fiscal year 2024, compared to $3.5 million in the third quarter of last fiscal year. Limoneira Company (NASDAQ:LMNR) has significantly raised its expectations on avocado volumes this year to take advantage of higher prices for the fruit.
利莫内拉公司（纳斯达克股票代码：LMNR）大幅提高了对今年鳄梨销量的预期，以利用水果价格上涨的机会。
"We now expect avocado volumes to be in the range of 14.5 million to 15.5 million pounds for fiscal year 2024 compared to previous guidance of 9 million to 10 million pounds, a more than 50% increase compared to prior guidance," CEO Harold Edwards said on Monday during a third-quarter earnings call with analysts.
首席执行官哈罗德·爱德华兹周一在与分析师举行的第三季度财报电话会议上表示：“我们现在预计2024财年的鳄梨销量将在1450万至1550万磅之间，而之前的预期为900万至1000万英镑，与先前的预期相比增长了50％以上。”
"We expect to complete the avocado harvest in the fourth quarter with approximately 4 million to 5 million pounds remaining. Keep in mind, we expect our fourth quarter to represent a record in avocado volume due to our timing and ability to hold the fruit to match a higher pricing environment."
“我们预计将在第四季度完成鳄梨的收获，剩余约400万至500万磅。请记住，我们预计第四季度的牛油果销量将创历史新高，这要归因于我们的时机和能力来应对更高的定价环境。”
The company recorded $13.9 million of avocado revenue in the third quarter of fiscal year 2024, compared to $3.5 million in the third quarter of last fiscal year.
该公司在2024财年第三季度录得1,390万美元的鳄梨收入，而上一财年第三季度为350万美元。
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About 8.86 million pounds of avocados were sold in aggregate during the third quarter of fiscal year 2024 at a $1.57 average price per pound, compared to approximately 2.82 million pounds sold at a $0.99 average price per pound during the third quarter of fiscal year 2023.
在2024财年第三季度，总共售出了约8.6万磅的牛油果，平均价格为每磅1.57美元，而2023财年第三季度的平均售价约为28.22万磅，每磅平均价格为0.99美元。
Limoneira posted $63.3 million in net revenue for this year's third quarter, up from $52.5 million a year ago.
Limoneira公布了今年第三季度的净收入为6,330万美元，高于去年同期的5,250万美元。
Limoneira expects to expand avocado production by 1,000 acres over the next three years to take advantage of robust consumer demand but expects volume to be lower next year as a result of the yearly alternate bearing nature of avocado trees, CFO Mark Palamountain said.
首席财务官马克·帕拉蒙坦说，Limoneira预计将在未来三年内将鳄梨产量扩大1,000英亩，以利用强劲的消费者需求，但由于鳄梨树的年度交替性质，预计明年的产量将减少。
The company expects avocado pricing to be lower in 2025 despite forecasting lower volume that year, he said.
他说，尽管预计牛油果的销量将减少，但该公司预计，到2025年，鳄梨的价格将降低。
"The company believes avocado pricing may be slightly lower compared to the current year pricing environment due to international circumstances," he said.
他说：“该公司认为，由于国际形势，与今年的定价环境相比，鳄梨的价格可能会略低。”
Price Action: Shares of Limoneira were down 3.2% to $24.20 at the time of publication Tuesday.
价格走势：周二发布时，利莫内拉的股价下跌3.2％，至24.20美元。
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