Welcome to our dedicated page for Alico news (Ticker: ALCO), a resource for investors and traders seeking the latest updates and insights on Alico stock.
Alico Inc. (ALCO) maintains this dedicated news hub for investors and stakeholders tracking developments in Florida's agribusiness sector. Our curated collection provides immediate access to official press releases, financial disclosures, and operational updates from one of America's leading citrus producers and land management specialists.
Find timely information on citrus harvest results, land leasing agreements, conservation initiatives, and strategic business decisions. The archive serves as an essential resource for analyzing Alico's dual focus areas: supplying premium citrus to processed markets while managing over 100,000 acres of Florida land for agricultural and conservation purposes.
Key updates include quarterly earnings reports, processing facility expansions, environmental stewardship programs, and partnership announcements with major food producers. All content is sourced directly from company filings and verified releases to ensure reliability for investment research and market analysis.
Bookmark this page to monitor Alico's progress in balancing citrus production efficiency with sustainable land management practices. Check regularly for updates on how the company navigates commodity markets while maintaining its position as a responsible steward of Florida's agricultural resources.
Alico (Nasdaq: ALCO) has announced its participation in the upcoming Planet Microcap Showcase: VEGAS 2025, scheduled for April 22-24, 2025, in Las Vegas. John Kiernan, the Company's President and CEO, will deliver a presentation on Wednesday, April 23rd, 2025, at 12:00PM ET.
The event, organized in partnership with MicroCapClub, will also feature one-on-one meetings with investors on Thursday, April 24th, 2025. Interested participants can register for both the conference and individual meetings through the provided links.
Alico (Nasdaq: ALCO) has secured Amendment No. 7 to its First Amended and Restated Credit Agreement with MetLife Investment Management, , effective March 31, 2025. The amendment modifies financial covenants to better align with the company's ongoing strategic transformation and reduces Crop and Tree Insurance coverage requirements for the 2025/2026 harvest season, which is expected to generate cost savings.
The revised agreement creates a more flexible financial framework while maintaining disciplinary measures, supporting Alico's previously announced business transformation initiative.
Alico (Nasdaq: ALCO) has announced its participation in the upcoming 15th Annual LD Micro Invitational at The Westin Grand Central in New York on April 9-10, 2025.
Company President and CEO John Kiernan will deliver a presentation on Thursday, April 10, 2025, at 9:00AM ET. The event will feature approximately 50 presenting companies, and Kiernan will also be available for one-on-one meetings with investors throughout April 10.
Alico (Nasdaq: ALCO) has announced a significant strategic transformation by filing a development application for a 3,000-acre master-planned community in northwest Collier County. The project, called Corkscrew Grove Villages, will consist of two 1,500-acre mixed-use villages while dedicating 6,000 acres for permanent conservation.
The development includes Corkscrew Grove East Village and Corkscrew Grove West Village, with construction expected to begin after permits are secured by 2028-2029. This project is part of Alico's broader strategy to monetize 5,500 acres across four counties, potentially valued at $335-380 million.
The development aligns with Collier County's Rural Land Stewardship Area (RLSA) program, focusing on clustered development to maximize environmental preservation. A local bill was filed in February 2025 requesting approval of the Corkscrew Grove Stewardship District, with final action expected by June 2025.
Alico (Nasdaq: ALCO) announced its participation in the 37th Annual ROTH Conference, where CEO John Kiernan will conduct one-on-one investor meetings on March 17-18, 2025, at the Laguna Cliffs Marriott in Dana Point, California.
The company will provide updates on its strategic transformation initiatives, including:
- Transition to a diversified land management company with an estimated portfolio value of $650-750 million
- Plans to monetize select land assets, targeting $20 million in transactions for fiscal 2025
- Development of alternative agricultural revenue streams through leasing arrangements and seasonal crops
- Continued openness to opportunistic land sales
Alico Inc. (NASDAQ: ALCO) reported financial results for Q1 2024, showing a net loss of $9.2 million compared to a net income of $42.9 million in Q1 2023. Revenue increased 20.8% to $16.9 million, while earnings per share decreased to -$1.20 from $5.64 year-over-year.
The company is executing a strategic transformation to become a diversified land company and will conclude capital investment in citrus operations after the 2025 harvest. Citrus production decreased to 4.0 million pound solids from 4.7 million in the prior year due to Hurricane Milton impacts and ongoing challenges with citrus greening disease.
Alico expects to realize approximately $20 million in land sales in fiscal year 2025 and maintains strong liquidity with $73.5 million in available credit facilities. The company has no significant debt maturities until 2029 and ended the quarter with $4.4 million in cash and $104.9 million in total debt.
Alico (Nasdaq: ALCO) has scheduled its first quarter 2025 financial results announcement for Wednesday, February 12, 2025, after market close. The company will follow up with a conference call on Thursday, February 13, 2025, at 8:30 am Eastern Time to discuss the results.
Investors can join the conference call using the following dial-in numbers: 1-800-343-4849 (US) and 1-203-518-9848 (International) with participant ID: ALICO. A replay will be available approximately three hours after the call until February 27, 2025, accessible at 1-844-512-2921 (US) and 1-412-317-6671 (International) with passcode 11158103.
Alico (Nasdaq: ALCO) has announced its participation in the inaugural LD Micro Summit, an exclusive, invitation-only conference scheduled for February 3-4, 2025, in Fort Lauderdale, Florida. John Kiernan, the Company's President and Chief Executive Officer, will conduct one-on-one meetings with investors during the event. The summit is specifically designed to showcase select dynamic companies to investors.
Alico (Nasdaq: ALCO) has announced its participation in The Microcap Conference 2025, scheduled for January 30th, 2025, in Atlantic City, NJ. John Kiernan, the Company's President and CEO, will lead the presentation and conduct one-on-one meetings with investors during the event.
The conference, recognized as the premier event for growth-focused companies and investors, will provide a platform for Alico's management to share insights about recent developments, growth strategy, and investment opportunities. Interested participants can register for the conference or schedule one-on-one meetings through the conference website.
Alico (Nasdaq: ALCO) has announced its participation in the upcoming Sidoti Micro-Cap Virtual Conference scheduled for January 22nd and 23rd, 2025. John Kiernan, the Company's President and Chief Executive Officer, will deliver a presentation on Wednesday, January 22, 2025, at 9:15AM EST.
The company will also facilitate virtual one-on-one meetings with investors during both days of the conference. Interested participants can register for the presentation or schedule one-on-one meetings through the Sidoti events website.
