Alico(ALCO)

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Alico, Inc. Takes Major Step in Strategic Transformation with Development Application for Master-Planned Community in Collier County
Globenewswire· 2025-03-13 20:05
Core Viewpoint - Alico, Inc. has filed a development application for the "Corkscrew Grove East Village," marking a significant step in its strategic transformation towards land development and environmental stewardship [1][3]. Group 1: Development Plans - The development plan includes two mixed-use villages, each spanning 1,500 acres, aimed at creating a residential and commercial hub in Collier County [2]. - Initial development will focus on the Corkscrew Grove East Village, with construction expected to start after obtaining necessary permits by 2028 or 2029 [2]. Group 2: Strategic Assets and Value - Alico aims to monetize four strategic assets totaling approximately 5,500 acres, representing about 10% of its land holdings, within the next five years, with an estimated value of $335-380 million [3]. - The Corkscrew Grove Villages are part of Alico's strategy to unlock value from its land holdings and respond to the growing demand for housing and commercial space in Southwest Florida [3]. Group 3: Environmental Commitment - Alico is setting aside an additional 6,000 acres for permanent conservation, demonstrating its commitment to balanced development and environmental stewardship [1]. - The project aligns with the goals of Collier County's Rural Land Stewardship Area (RLSA), which aims to enhance agricultural lands and natural resources while allowing for well-planned community development [3]. Group 4: Governance and Coordination - A local bill has been filed to establish the Corkscrew Grove Stewardship District, which will facilitate coordinated management of development and environmental conservation [4]. - This district is expected to enhance collaboration with stakeholders and provide transparency in Alico's development plans [4].
Alico to Discuss Strategic Transformation Progress at the 37th Annual ROTH Conference
Newsfilter· 2025-03-03 13:30
FORT MYERS, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will host one-on-one meetings with investors at the 37th Annual ROTH Conference at the Laguna Cliffs Marriott in Dana Point, California on March 17 and 18, 2025. Management will provide an update on the execution of Alico's recently announced strategic transformation, including: Progress on transitioning to a diversi ...
Alico(ALCO) - 2025 Q1 - Earnings Call Transcript
2025-02-13 18:07
Alico, Inc. (NASDAQ:ALCO) Q1 2025 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants John Mills - Managing Partner, ICR John Kiernan - President & CEO Brad Heine - CFO Conference Call Participants Operator Good morning, and welcome to Alico's First Quarter 2025 Earnings Call. Currently, all participants are in a listen-only mode. As a reminder, today's conference is being recorded. I would now like to turn the call over to your host, John Mills, Managing Partner at ICR. John Mills Th ...
Alico, Inc. Announces Financial Results for the First Quarter Ended December 31, 2024
Globenewswire· 2025-02-12 21:10
Land Management and Other Operations Revenue Increased 45% Compared to Prior Year Robust Liquidity Position with $73.5 million in Available Credit Facilities and No Significant Debt Maturities Until 2029 Company Expects to Realize Approximately $20 Million in Land Sales in Fiscal Year 2025 Company Executing Strategic Transformation to Become Diversified Land Company; Concludes Capital Investment on Citrus Operations After Current Crop is Harvested in 2025 FORT MYERS, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- ...
Alico(ALCO) - 2025 Q1 - Quarterly Report
2025-02-12 21:09
For the Quarterly Period Ended December 31, 2024 or Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q þ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from____________________ to _________________________ Commission File Number: 0-261 ALICO, INC. (Exact name of registrant as specified in its charter) Fl ...
Alico(ALCO) - 2025 Q1 - Quarterly Results
2025-02-12 21:02
Exhibit 99.1 Alico, Inc. Announces Financial Results for the First Quarter Ended December 31, 2024 Land Management and Other Operations Revenue Increased 45% Compared to Prior Year Robust Liquidity Position with $73.5 million in Available Credit Facilities and No Significant Debt Maturities Until 2029 Company Expects to Realize Approximately $20 Million in Land Sales in Fiscal Year 2025 Company Executing Strategic Transformation to Become Diversified Land Company; Concludes Capital Investment on Citrus Oper ...
Alico, Inc. to Announce First Quarter 2025 Financial Results on Wednesday, February 12, 2025
Globenewswire· 2025-01-29 13:30
FORT MYERS, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2024, on Wednesday, February 12, 2025 after market close. The Company will host a conference call to discuss its financial results on Thursday, February 13, 2025, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-343-4849 in the United States and 1-203-518-9848 ...
Alico, Inc. to Participate at Inaugural LD Micro Summit
Newsfilter· 2025-01-28 13:30
FORT MYERS, Fla., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will host one-on-one meetings with investors at the inaugural LD Micro Summit, a private, invite-only event designed to showcase a hand-picked group of dynamic companies. The conference will take place on Monday, February 3rd and Tuesday, February 4th, 2025 in Fort Lauderdale, FL. To register for the conference or one ...
Alico, Inc. to Present at The Microcap Conference 2025
Newsfilter· 2025-01-27 13:30
FORT MYERS, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present and host one-on-one meetings with investors at The Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place on Thursday, January 30th, 2025 in Atlantic City, NJ. Management will discuss the Company's recent developments, growth strategy, and in ...
Alico (ALCO) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2025-01-21 14:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...