What changed
Adjusted EPS of $0.02 compares to -$0.02 in Q3 FY25. Revenue was $44M, down from $47.5M YoY. FY26 guidance narrows lemon volumes to the lower end of 4.0M–4.5M cartons and raises avocado volumes to 7.0M–7.25M pounds. Lower brokered citrus sales from the Sunkist transition drove the revenue decline, partially offset by higher fresh lemon pricing.
Why it matters
Adjusted EPS of $0.02 compares to -$0.02 in Q3 FY25. Revenue was $44M, down from $47.5M YoY. FY26 guidance narrows lemon volumes to the lower end of 4.0M–4.5M cartons and raises avocado volumes to 7.0M–7.25M pounds. Lower brokered citrus sales from the Sunkist transition drove the revenue decline, partially offset by higher fresh lemon pricing.