Limoneira, a major player in the avocado market, has forecasted a significant drop in avocado production for the fiscal year 2025. Despite record sales in 2024, the company expects a 50% decrease in output due to adverse weather conditions. This warning has led to a noticeable dip in investor confidence, with shares experiencing pressure. The company’s fourth quarter results were bolstered by these record sales, but the looming production challenges have cast a shadow over future expectations.
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