Tropicana Supplier Alico to Shut Citrus Unit as Industry Suffers [Yahoo! Finance]

Alico, Inc. (ALCO)
US:NASDAQ Investor Relations:
ir.stockpr.com/alicoinc/investor-home
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Source: Yahoo! Finance
down its citrus division after disease and hurricanes have driven a decades-long decline in production. Most Read from Bloomberg Is This Weird Dome the Future of Watching Sports? NYC Congestion Pricing to Take Effect After Years of Delays NYC Congestion Pricing Takes Effect After Years of Delays NYPD Seeking Gunmen After 10 People Wounded Outside Queens Venue NYC Congestion Pricing Cleared by Judge for Sunday Launch The Florida-based company won't invest further in its citrus operations after the current crop is harvested in 2025, and instead will transform into a diversified land company, Alico said in a Monday statement. Shares of Alico were up as much as 14% in early trading. The shift comes as Florida's citrus industry has struggled
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ALCO
News
- Florida has become such a popular place to move that real-estate developers are building homes on top of orange groves to accommodate the exploding population [Fortune]Fortune
- Alico, Inc. Takes Major Step in Strategic Transformation with Development Application for Master-Planned Community in Collier CountyGlobeNewswire
- Alico to Discuss Strategic Transformation Progress at the 37th Annual ROTH Conference [Yahoo! Finance]Yahoo! Finance
- Alico to Discuss Strategic Transformation Progress at the 37th Annual ROTH ConferenceGlobeNewswire
- Alico, Inc. (NASDAQ: ALCO) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
ALCO
Earnings
- 12/2/24 - Miss
ALCO
Sec Filings
- 3/14/25 - Form 8-K
- 2/28/25 - Form 8-K
- 2/12/25 - Form 10-Q
- ALCO's page on the SEC website