Limoneira Company (NASDAQ:LMNR) Q3 2023 Earnings Call Transcript

Harold Edwards: No, we haven’t had really any issues right now. The ships come up. They usually take a stop in Mexico and come up from the west. So everything from that perspective, we have not had any supply chain issues or shipping issues so far this year.

Raj Sharma: Got it. And then just finally any updates on the two more the asset sales? Is there a time line for that?

Harold Edwards: Right. We’re continuing running a process for both the Chilean assets as well as our Windfall Farms Vineyard. And I would say we’re probably mid process with both of those assets. We’ve been pleased with the interest in all of those assets. And so we’re just at the point now where we’re getting our arms around potential opportunities, which we look forward to taking to our board to discuss. And I think we’re probably six months away from any announcements on the monetization of both those, six to nine months on both those projects.

Operator: Thank you. There are no further questions at this time. I would like to turn the floor back over to Harold Edwards for closing comments.

Harold Edwards: Thank you for your questions and for your interest in Limoneira. Have a great day.

Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.