Florida's signature crop is in crisis—key citrus grower to shut down after massive decline [Fortune]
Alico, Inc. (ALCO)
US:NASDAQ Investor Relations:
ir.stockpr.com/alicoinc/investor-home
Company Research
Source: Fortune
Alico Inc. announced Monday that it planned to wind down its citrus operations after the current crop is harvested later this year. About 3,400 citrus acres (1,376 hectares) will be managed by third-party caretakers for another season through 2026. Related Video The Fort Myers-based company owns 53,371 acres (21,598.5 hectares) across eight counties in Florida and 48,700 acres (19,708 hectares) of oil, gas and mineral rights in the state. About a quarter of its land holdings will now be slotted for potentially developing commercial or residential projects in the near and long term future, the company said in a news release. The company said its citrus production had declined by 73% over the past decade. The impact of Hurricanes Irma in 2017, Ian in 2022 and Milton in 2024 on trees already weakened from years of citrus greening disease “has led Alico to conclude that growing citrus is no longer economically viable for us in Florida,” said John Kiernan, Alico's president and CEO.
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ALCO
News
- Alico, Inc. (NASDAQ:ALCO) Shares Could Be 39% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- Alico (NASDAQ:ALCO) had its "buy" rating reaffirmed by analysts at Roth Capital.MarketBeat
- Alico Inc (ALCO) Q4 2025 Earnings Call Highlights: Strategic Transformation and Financial Resilience [Yahoo! Finance]Yahoo! Finance
- Alico, Inc. (ALCO) Q4 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Alico outlines $335M–$380M near-term real estate project value as land sales, transformation continue [Seeking Alpha]Seeking Alpha
ALCO
Earnings
- 11/24/25 - Miss
ALCO
Sec Filings
- 12/19/25 - Form 8-K
- 12/15/25 - Form 8-K
- 11/24/25 - Form 10-K
- ALCO's page on the SEC website