Alico, Inc. Announces New Supply Contract with Tropicana [Yahoo! Finance]
Alico, Inc. (ALCO)
US:NASDAQ Investor Relations:
ir.stockpr.com/alicoinc/investor-home
Company Research
Source: Yahoo! Finance
new agreement with its largest customer to supply citrus fruit. This agreement is effective June 5, 2024 through July 31, 2027, subject to its terms and conditions. This supply agreement succeeds existing agreements that are set to expire at the end of July 2024. This agreement effectively sells the citrus fruit grown on approximately 65% of Alico's currently planted acres to Tropicana Brands Group (“Tropicana”) at prices per pound solids that are approximately 33% to 50% higher over the term of the contract than the average price for all the citrus fruit sold to Tropicana last season. Alico has another supply contract with Tropicana that remains in effect through the 2024-25 harvest season. John Kiernan, Alico's President and Chief Executive Officer, commented, “We are pleased to announce that we have extended our relationship with our largest customer for three additional years. Alico is proud of the successful business relationship we have been able to develop with Tropicana Br
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ALCO
News
- Alico enters into new supply contract [Seeking Alpha]Seeking Alpha
- Alico, Inc. Announces New Supply Contract with TropicanaGlobeNewswire
- The Bottom Fishing Club: Buy Alico's Florida Orange Groves At 50% Discount [Seeking Alpha]Seeking Alpha
- Mitch Hutchcraft Joins Alico, Inc. as Executive Vice President of Real Estate [Yahoo! Finance]Yahoo! Finance
- Mitch Hutchcraft Joins Alico, Inc. as Executive Vice President of Real EstateGlobeNewswire
ALCO
Earnings
- 5/6/24 - Miss
ALCO
Sec Filings
- 6/14/24 - Form 8-K
- 6/11/24 - Form 3
- 6/10/24 - Form SC
- ALCO's page on the SEC website