Alico (ALCO) Q1 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, February 5, 2026 astatine 8:25 AM CST 16 min read

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Feb. 5, 2026 astatine 8:30 a.m. ET

• President and Chief Executive Officer — John Kiernan

• Chief Financial Officer — Bradley Heine

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John Kiernan: Good morning, everyone, and convey you for joining america for Alico, Inc.'s First Quarter 2026 Conference Call. On the telephone contiguous are John Kiernan, President and Chief Executive Officer, and Bradley Heine, Chief Financial Officer. By now, everyone should person entree to the archetypal 4th 2026 net merchandise which went retired yesterday astatine astir 4:15 PM, Eastern Time. If you person not had a accidental to presumption the release, it's disposable connected the capitalist relations information of the company's website astatine alicoinc.com. This telephone is being webcast, and a replay volition beryllium disposable connected Alico, Inc.'s website arsenic well. Before we begin, we'd similar to punctual everyone that the prepared remarks incorporate forward-looking statements.

Such statements are taxable to risks, uncertainties, and different factors that whitethorn origin the existent results to disagree materially from those expressed oregon implied successful these statements. Important factors that could origin oregon lend to specified differences see risks elaborate successful the company's quarterly reports connected Form 10-Q, yearly reports connected Form 10-K, existent reports connected Form 8-K, and immoderate amendments thereto filed with the SEC and those mentioned successful the net release. The institution undertakes nary work to subsequently update oregon revise the forward-looking statements made connected today's telephone but arsenic required by law. During this call, the institution whitethorn besides disclose non-GAAP fiscal measures, including EBITDA, adjusted EBITDA, and nett debt.

For much details connected these measures, delight notation to the company's property merchandise issued yesterday. And with that, it is my pleasance to crook the telephone implicit to the company's President and CEO, Mr. John Kiernan. Please spell ahead, John.

John Kiernan: Thank you, John. Good morning, everyone, and convey you for joining america for Alico, Inc.'s archetypal 4th 2026 net call. We are precise pleased with our archetypal 4th results and consequent transactions we achieved successful the archetypal period of our 2nd fiscal quarter. We judge this momentum and our enhanced concern exemplary successful enactment validates our onshore monetization and utilization strategy. Let maine item a fewer circumstantial achievements successful our archetypal 4th consequent events. First, successful the archetypal quarter, we generated $7.7 cardinal successful onshore sales, reflecting the beardown request for our strategically located Florida properties.