LMNR News & Events

Limoneira " announced that Mark Palamountain will step down from his role as Chief Financial Officer to pursue interests outside of the Company. Greg Hamm, who has served as Corporate Controller since 2004 and as Vice President and Corporate Controller since 2008, will succeed Palamountain as Chief Financial Officer. The effective date of Palamountain's departure and Hamm's appointment has not been determined and Palamountain will remain available to Limoneira in an advisory capacity following his departure to assist with ongoing initiatives and support the leadership transition."

In the opening hour of the evening session, equity futures are down marginally, with Dow Industrials and S&P e-minis off by a decimal while Nasdaq 100 contract is trading flat.  In commodities, WTI Crude Oil is little changed after API inventory data saw its first build in multiple weeks, while precious metals have broken out to fresh record highs - Gold above $4,525 and Silver approaching $72 per ounce.Treasuries traded mixed with conflicting data in the form of much stronger than expected Q3 GDP and a much more recent cautionary story from December Conference Board Consumer Confidence report, which fell to its lowest level since the "tariff tantrum" in April - the yield on the 10-year Treasury ended around 4.17% after reaching 4.20% earlier.New record high close in the S&P 500 index was paced by Communication Services and Technology sectors, while Staples lagged once again.  Nvidiawas especially strong with a 3% advance, though the stock still trades off by over 10% from its highs in October.  Alphabetas well as Amazonalso notched respectable gains of about 1.5%.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Limoneiraup 0.9%ALSO HIGHER -Ramaco Resourcesup 6.7% after announcing $100M buybackUiPathup 3.7% after admission into S&P MidCap 400DOWN AFTER EARNINGS -Good Times Restaurantsdown 1.5%ALSO LOWER -Minerva Neurosciencesdown 3.9% after selling stock for holdersOrganogenesis Holdingsdown 3.4% after initiating rolling submission of BLA to FDA for ReNu

The company "expects fresh lemon volumes to be in the range of 4.0 million to 4.5 million cartons for fiscal year 2026. Avocado volumes are expected to be in the range of 5.0 million to 6.0 million pounds for fiscal year 2026."