Limoneira Said It Is Raising Its Outlook For Non-GAAP EBITDA Accretion To A Range Of $45M-$55M By Fiscal Year 2030, Up From Its Previous Target Of $30M

Looking ahead, the Company is raising its outlook for non-GAAP EBITDA accretion to a range of $45 million to $55 million by fiscal year 2030, up from its previous target of $30 million. This increase is underpinned by plans to significantly expand avocado production by 1,000 acres over the next three years to capitalize on robust consumer demand trends. During this transition, the Company expects FY 2025 and FY 2026 operational results to be similar to FY 2024. These operational results do not take into account expected additional earnings from Harvest at Limoneira.