2L2 fundamentals

Limoneira Co. is an agribusiness and real estate development company, which engages in the innovation of the agricultural citrus industry in California. It operates through the following segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness. The Fresh Lemons segments focuses on the sale of fresh lemons, lemon by-products, brokered fruit and other lemon revenue. The Lemon Packing segment is involved in packing revenues and shipping and handling revenues relative to lemon packing. The Avocados segment includes sales, farming and harvest costs. The Other Agribusiness segment engages in sales, farming and harvest costs and brokered fruit costs of oranges, specialty citrus and other crops. The company was founded by Nathan W. Blanchard and Wallace L. Hardison in 1893 and is headquartered in Santa Paula, CA.