Limoneira Co 2026年季度报告

LIMONEIRA COMPANY Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and“emerging growth company” in Rule 12b-2 of the Exchange Act: Large accelerated filer☐Accelerated filer☒Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of February28, 2026, there were 18,106,877 shares outstanding of the registrant’s common stock. FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (this “Quarterly Report”) contains statements which, to the extent that they do not recitehistorical fact, constitute forward-looking statements. These statements can be identified by the fact that they do not relate strictly tohistorical or current facts and may include the words “may,” “might,” “will,” “should,” “would,” “expect,” “plan,” “anticipate,”“could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “likely,” “potential,” “remain,” or “continue” orother words or expressions of similar meaning. We based these forward-looking statements on our current expectations about futureevents, and such forward-looking statements do not guarantee future performance. The forward-looking statements include statements The potential risks and uncertainties that could cause our actual financial condition, results of operations and future performance todiffer materially from those expressed or implied in this Quarterly Report include, but are not limited to: •success in executing the Company’s business plans and strategies, including the transition of the Company’s lemon sales andmarketing operations to Sunkist Growers, Inc. and managing the risks involved in the foregoing;•changes in laws, regulations, rules, quotas, tariffs and import laws;•adverse weather conditions, natural disasters and other adverse natural conditions, including freezes, rains, fires, winds anddroughts that affect the production, transportation, storage, import and export of fresh produce;•market responses to industry volume pressures;•increased pressure from crop disease, insects and other pests;•disruption of water supplies or changes in water allocations;•disruption in the global supply chain;•product and raw materials supply and pricing;•energy supply and pricing;•market response to industry volume pressures;•inability to pay debt obligations;•ability to maintain compliance with debt covenants under our loan agreements or obtain modifications, waivers or deferrals ofsuch covenants;•changes in interest rates and the impact of inflation;•availability of financing for land development activities;•general economic conditions for residential and commercial real estate development; The Company’s actual results, performance, prospects or opportunities could differ materially from those expressed in or implied bythe forward-looking statements. Additional risks of which the Company is not currently aware or which the Company currently deemsimmaterial could also cause the Company’s actual results to differ, including those discussed in the section entitled “Risk Factors”included in our Annual Report on Form 10-K for the fiscal year ended October 31, 2025. We cannot guarantee future results, levels of Unless the context requires otherwise, all references to “we,” “us,” “our,” “our Company,” “the Company” or “Limoneira” inthis Quarterly Report mean Limoneira Company, a Delaware corporation, and its consolidated subsidiaries. LIMONEIRA COMPANY CONSOLIDATED BALANCE SHEETS (UNAUDITED)(in thousands, except share and per share data) CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)(in thousands, except per share data) LIMONEIRA COMPANY CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND TEMPORARY EQUITY (UNAUDITED)(in thousands, except share and per share data) Supplemental disclosures of cash flow information LIMONEIRA COMPANY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) 1. Organi