Date | Price Target | Rating | Analyst |
---|---|---|---|
1/21/2025 | $6.00 → $5.00 | Equal Weight → Overweight | Barclays |
7/19/2024 | $8.50 | Buy | Canaccord Genuity |
4/11/2024 | $11.00 | Outperform | Oppenheimer |
12/5/2023 | $7.00 | Equal Weight | Barclays |
11/16/2023 | $12.00 | Buy | Stifel |
4/20/2023 | $13.50 | Buy | Canaccord Genuity |
1Q25 consolidated revenue of R$2.05 billion reais decreased -13% year-over-year (y/y), driven by the lingering effects of input price deflationary headwinds in Brazil Ag Retail, partially offset by growth in Crop Care. In USD terms1, revenue declined -24% y/y to $370.2 million, including a -12% depreciation of the Brazilian real (BRL) relative to the prior year period.Gross profit increased 10% to R$321.2 million in 1Q25, with gross margins expanding 320 bps to 15.6%, driven by improved distribution margins in Brazil Ag Retail. In USD terms, gross profit declined -4% to $57.9 million, reflecting the currency translation effect. 1Q25 Crop Care segment revenue grew 68% to R$293.7 million, led
SÃO PAULO, Brazil, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW)), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal first quarter 2025, before the market opens, on Monday, February 3, 2025. Lavoro management will host a conference call and audio webcast at 8:00 a.m. ET (10:00 a.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal First Quarter 2025 Earnings Conference Call Event Date: Monday, February 3, 2025 Time: 8:00 a.m. ET (10:00 a.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.com/disclosure-and-do
FY2024 revenue of US$1.89 billion increased 5% year-over-year (flat in BRL terms), driven by market share gains and sales volume growth mitigating deflationary input price headwinds. FY2024 gross profit decreased -19% to $268.4 million (-23% in BRL), with gross margins compressing by -430 basis points to 14.2%, primarily due to the input price deflation and a less favorable product category sales mix. The Crop Care2 segment was a standout performer for the year, with revenue rising 24% to $150.7 million for FY2024 (+18% BRL), and gross profit of $56.1 million increasing +4% y/y (decreasing -1% in BRL), despite the challenging market environment for specialty products. Net loss for FY2024
SÃO PAULO, Brazil, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal fourth quarter 2024, after market close, on Thursday, October 31, 2024. Lavoro management will host a conference call and audio webcast the following morning at 8:30 a.m. ET (9:30 a.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Fourth Quarter 2024 Earnings Conference Call Event Date: Friday, November 1, 2024Time: 8:30 a.m. ET (9:30 a.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.co
3Q24 revenue grew 6% to $514.2 million. Growth was driven by continued market share gains and volume growth, which mitigated ongoing deflation in input prices throughout Brazil and Colombia.Gross profit decreased -16% to $60.2 million. Gross margins narrowed by -310 basis points to 11.7%, primarily due to the ongoing input price deflation and a less favorable sales mix resulting from a greater proportion of low margin Grain revenue.The Crop Care segment remained a strong performer, with revenue rising 30% to $22.1 million and gross profit up 14% to $9.1 million, mainly fueled by robust growth in biological products.Net loss for 3Q24 narrowed to $64.8 million from a loss of $74.3 million in t
SÃO PAULO, Brazil, May 24, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal third quarter 2024 after market close on Monday, June 3, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 6:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Third Quarter 2024 Earnings Conference Call Event Date: Monday, June 3, 2024 Time: 6:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.com/disclosure-and-docu
Lavoro's revenue for 2Q24 reached $618.7 million*, marking a 1% increase compared to the prior year period, as volume growth led by market share gains helped to offset continued significant input price deflationary pressures in crop protection and fertilizers across various operating regions2Q24 gross profit stood at $103.0 million, reflecting a -17% decrease year-over-year, with gross margins contracting by -360 basis points to 16.7%, driven mainly by deflationary pressures affecting Ag retail distribution margins, partly mitigated by a more favorable segment mix, as Crop Care grew to represent 24% of Lavoro's gross profit in 2Q24 (up from 16% in 2Q23)Crop Care segment emerged as a highligh
SÃO PAULO, Brazil, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal second quarter 2024 after market close on Thursday, March 7, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 5:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Second Quarter 2024 Earnings Conference Call Event Date: Thursday, March 7, 2024 Time: 5:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International)Event Link: https://ir.lavoroagro.com/disclosure-
Lavoro's revenue for FY1Q24 reached $483.1 million, an increase of +11% compared to the prior year period (+3% in constant currency terms), driven by market share gains.1Q24 gross profit was $59.5 million, a -34% decrease y/y, with gross margins contracting by -850 bps to 12.3% due primarily to the ongoing industry-wide deflationary pressures affecting crop protection and fertilizer distribution margins.Net loss was -$14.5 million, compared to net income of $15.1 million in the prior year period; adjusted net loss was -$8.9 million, compared to adjusted net income of $17.2 million in the prior year period.Adjusted EBITDA was $11.1 million, reflecting a -75% decline from the previous year, la
SÃO PAULO, Brazil, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal first quarter 2024 earnings results after market close on Wednesday, January 24, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 5:00 pm ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal First Quarter 2024 Earnings Conference CallEvent Date: Wednesday, January 24, 2024 Time: 5:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: http
Barclays upgraded Lavoro from Equal Weight to Overweight and set a new price target of $5.00 from $6.00 previously
Canaccord Genuity resumed coverage of Lavoro with a rating of Buy and set a new price target of $8.50
Oppenheimer initiated coverage of Lavoro with a rating of Outperform and set a new price target of $11.00
Barclays initiated coverage of Lavoro with a rating of Equal Weight and set a new price target of $7.00
Stifel initiated coverage of Lavoro with a rating of Buy and set a new price target of $12.00
Canaccord Genuity initiated coverage of Lavoro with a rating of Buy and set a new price target of $13.50
1Q25 consolidated revenue of R$2.05 billion reais decreased -13% year-over-year (y/y), driven by the lingering effects of input price deflationary headwinds in Brazil Ag Retail, partially offset by growth in Crop Care. In USD terms1, revenue declined -24% y/y to $370.2 million, including a -12% depreciation of the Brazilian real (BRL) relative to the prior year period.Gross profit increased 10% to R$321.2 million in 1Q25, with gross margins expanding 320 bps to 15.6%, driven by improved distribution margins in Brazil Ag Retail. In USD terms, gross profit declined -4% to $57.9 million, reflecting the currency translation effect. 1Q25 Crop Care segment revenue grew 68% to R$293.7 million, led
SÃO PAULO, Brazil, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW)), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal first quarter 2025, before the market opens, on Monday, February 3, 2025. Lavoro management will host a conference call and audio webcast at 8:00 a.m. ET (10:00 a.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal First Quarter 2025 Earnings Conference Call Event Date: Monday, February 3, 2025 Time: 8:00 a.m. ET (10:00 a.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.com/disclosure-and-do
FY2024 revenue of US$1.89 billion increased 5% year-over-year (flat in BRL terms), driven by market share gains and sales volume growth mitigating deflationary input price headwinds. FY2024 gross profit decreased -19% to $268.4 million (-23% in BRL), with gross margins compressing by -430 basis points to 14.2%, primarily due to the input price deflation and a less favorable product category sales mix. The Crop Care2 segment was a standout performer for the year, with revenue rising 24% to $150.7 million for FY2024 (+18% BRL), and gross profit of $56.1 million increasing +4% y/y (decreasing -1% in BRL), despite the challenging market environment for specialty products. Net loss for FY2024
SÃO PAULO, Brazil, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal fourth quarter 2024, after market close, on Thursday, October 31, 2024. Lavoro management will host a conference call and audio webcast the following morning at 8:30 a.m. ET (9:30 a.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Fourth Quarter 2024 Earnings Conference Call Event Date: Friday, November 1, 2024Time: 8:30 a.m. ET (9:30 a.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.co
SÃO PAULO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs retailer in Latin America, today announced the establishment of a new R$310 million (approximately USD$55 million based on current exchange rates) credit facility with a three-year term, financed through a new Agribusiness Credit Rights Investment Fund (FIDC-Fiagro). The newly established Lavoro Agro Fundo de Investimentos nas Cadeias Produtivas Agroindustriais (FIDC-Fiagro), established under Brazilian agribusiness investment fund regulations with the purpose of investing in agribusiness receivables sold to Lavoro. The proceeds from this issuance will be used to
3Q24 revenue grew 6% to $514.2 million. Growth was driven by continued market share gains and volume growth, which mitigated ongoing deflation in input prices throughout Brazil and Colombia.Gross profit decreased -16% to $60.2 million. Gross margins narrowed by -310 basis points to 11.7%, primarily due to the ongoing input price deflation and a less favorable sales mix resulting from a greater proportion of low margin Grain revenue.The Crop Care segment remained a strong performer, with revenue rising 30% to $22.1 million and gross profit up 14% to $9.1 million, mainly fueled by robust growth in biological products.Net loss for 3Q24 narrowed to $64.8 million from a loss of $74.3 million in t
SÃO PAULO, Brazil, May 24, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal third quarter 2024 after market close on Monday, June 3, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 6:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Third Quarter 2024 Earnings Conference Call Event Date: Monday, June 3, 2024 Time: 6:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.com/disclosure-and-docu
SÃO PAULO, Brazil, May 10, 2024 (GLOBE NEWSWIRE) -- Lavoro (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, will participate in the BMO Global Farm to Market Conference in New York, NY, on May 15-16, 2024. Ruy Cunha, Chief Executive Officer, will participate on a panel titled "AgTech Disruption Across the Farming Value Chain", on Wednesday, May 15, 2024 at 2:00 pm ET. Mr. Cunha will also host a presentation on Thursday, May 16, 2024 at 8:45 am ET. Management will be available for meetings throughout both days. A link to live audio webcast of the presentation will be available to all interested parties through the Company's Investor Rela
SÃO PAULO, Brazil, March 14, 2024 (GLOBE NEWSWIRE) -- Lavoro (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, will attend the World Agri-Tech Innovation Summit 2024 in San Francisco, CA, on March 19-20, 2024. Ruy Cunha, Chief Executive Officer, is slated to join a panel titled "Biologicals in Action: Getting Traction on Today's Farms", on Tuesday, March 19, 2024 at 4:30 p.m., ET. Management will also be available for meetings throughout March 19-20. About Lavoro Lavoro Limited is Brazil's largest agricultural inputs retailer and a leading producer of agriculture biological products. Lavoro's shares and warrants are listed on the Nasdaq st
Lavoro's revenue for 2Q24 reached $618.7 million*, marking a 1% increase compared to the prior year period, as volume growth led by market share gains helped to offset continued significant input price deflationary pressures in crop protection and fertilizers across various operating regions2Q24 gross profit stood at $103.0 million, reflecting a -17% decrease year-over-year, with gross margins contracting by -360 basis points to 16.7%, driven mainly by deflationary pressures affecting Ag retail distribution margins, partly mitigated by a more favorable segment mix, as Crop Care grew to represent 24% of Lavoro's gross profit in 2Q24 (up from 16% in 2Q23)Crop Care segment emerged as a highligh
6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
20-F - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)
EFFECT - Lavoro Ltd (0001945711) (Filer)
6-K - Lavoro Ltd (0001945711) (Filer)