Limoneira ( NASDAQ:LMNR ) , a major grower of lemons and avocados and a real estate developer, released its third-quarter fiscal 2025 earnings on September 9, 2025. The company reported a drop in revenue, a decline in earnings, and lower cash levels compared to the prior year.

Limoneira ( NASDAQ:LMNR ) reported third quarter 2025 results on September 8, 2025, with net revenue declining to $47.5 million from $63.3 million year-over-year and a net loss per diluted share of $0.06, compared to earnings of $0.35 per share in the prior year period.

AVO's avocado dominance contrasts with LMNR's citrus-led diversification, raising the question of which fresh produce model drives stronger growth.

AVO and LMNR take different paths in fresh produce, like global scale, tech and diversification versus land, citrus and real estate, to fuel long-term growth.