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.
利莫內拉公司（納斯達克股票代碼：LMNR）大幅提高了對今年鱷梨銷量的預期，以利用水果價格上漲的機會。
"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.
首席執行官哈羅德·愛德華茲週一在與分析師舉行的第三季度業績電話會議上表示：「我們現在預計2024財年的鱷梨銷量將在1450萬至1550萬磅之間，而之前的預期爲900萬至1000萬英鎊，與先前的預期相比增長了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."
「我們預計將在第四季度完成鱷梨的收穫，剩餘約400萬至500萬磅。請記住，我們預計第四季度的牛油果銷量將創歷史新高，這要歸因於我們的時機和能力來應對更高的定價環境。」
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.
該公司在2024財年第三季度錄得1,390萬美元的鱷梨收入，而上一財年第三季度爲350萬美元。
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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財年第三季度，總共售出了約8.6萬磅的牛油果，平均價格爲每磅1.57美元，而2023財年第三季度的平均售價約爲28.22萬磅，每磅平均價格爲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公佈了今年第三季度的淨收入爲6,330萬美元，高於去年同期的5,250萬美元。
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.
首席財務官馬克·帕拉蒙坦說，Limoneira預計將在未來三年內將鱷梨產量擴大1,000英畝，以利用強勁的消費者需求，但由於鱷梨樹的年度交替性質，預計明年的產量將減少。
The company expects avocado pricing to be lower in 2025 despite forecasting lower volume that year, he said.
他說，儘管預計牛油果的銷量將減少，但該公司預計，到2025年，鱷梨的價格將降低。
"The company believes avocado pricing may be slightly lower compared to the current year pricing environment due to international circumstances," he said.
他說：「該公司認爲，由於國際形勢，與今年的定價環境相比，鱷梨的價格可能會略低。」
Price Action: Shares of Limoneira were down 3.2% to $24.20 at the time of publication Tuesday.
價格走勢：週二發佈時，利莫內拉的股價下跌3.2％，至24.20美元。
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Photo: OlgaBombologna/Shutterstock.com
照片：olgabombologna/Shutterstock.com
譯文內容由第三人軟體翻譯。
