LVRO - Earnings announcements

Lavoro Brazil reached an agreement with its principal suppliers providing for a multi-year inventory financing framework and the extension of obligation payment terms, positioning the business unit for recovery2Q25 preliminary unaudited1 consolidated revenue was R$2.25 billion, a decrease of 27% year-over-year, primarily due to inventory shortages in Brazil Ag Retail; preliminary unaudited consolidated gross profit decreased 28% to R$366.9 millionFY2025 guidance withdrawnManagement to host a conference call today, at 5:00 p.m. ET (6:00 p.m. BRT) SÃO PAULO, June 18, 2025 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW)) ("Lavoro", or the "Company"), the first U.S. listed pure-play a

1Q25 consolidated revenue of R$2.05 billion reais decreased -13% year-over-year (y/y), driven by the lingering effects of input price deflationary headwinds in Brazil Ag Retail, partially offset by growth in Crop Care. In USD terms1, revenue declined -24% y/y to $370.2 million, including a -12% depreciation of the Brazilian real (BRL) relative to the prior year period.Gross profit increased 10% to R$321.2 million in 1Q25, with gross margins expanding 320 bps to 15.6%, driven by improved distribution margins in Brazil Ag Retail. In USD terms, gross profit declined -4% to $57.9 million, reflecting the currency translation effect. 1Q25 Crop Care segment revenue grew 68% to R$293.7 million, led

SÃO PAULO, Brazil, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW)), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal first quarter 2025, before the market opens, on Monday, February 3, 2025. Lavoro management will host a conference call and audio webcast at 8:00 a.m. ET (10:00 a.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal First Quarter 2025 Earnings Conference Call Event Date: Monday, February 3, 2025 Time: 8:00 a.m. ET (10:00 a.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.com/disclosure-and-do

FY2024 revenue of US$1.89 billion increased 5% year-over-year (flat in BRL terms), driven by market share gains and sales volume growth mitigating deflationary input price headwinds. FY2024 gross profit decreased -19% to $268.4 million (-23% in BRL), with gross margins compressing by -430 basis points to 14.2%, primarily due to the input price deflation and a less favorable product category sales mix. The Crop Care2 segment was a standout performer for the year, with revenue rising 24% to $150.7 million for FY2024 (+18% BRL), and gross profit of $56.1 million increasing +4% y/y (decreasing -1% in BRL), despite the challenging market environment for specialty products. Net loss for FY2024

SÃO PAULO, Brazil, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal fourth quarter 2024, after market close, on Thursday, October 31, 2024. Lavoro management will host a conference call and audio webcast the following morning at 8:30 a.m. ET (9:30 a.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Fourth Quarter 2024 Earnings Conference Call Event Date: Friday, November 1, 2024Time: 8:30 a.m. ET (9:30 a.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.co

3Q24 revenue grew 6% to $514.2 million. Growth was driven by continued market share gains and volume growth, which mitigated ongoing deflation in input prices throughout Brazil and Colombia.Gross profit decreased -16% to $60.2 million. Gross margins narrowed by -310 basis points to 11.7%, primarily due to the ongoing input price deflation and a less favorable sales mix resulting from a greater proportion of low margin Grain revenue.The Crop Care segment remained a strong performer, with revenue rising 30% to $22.1 million and gross profit up 14% to $9.1 million, mainly fueled by robust growth in biological products.Net loss for 3Q24 narrowed to $64.8 million from a loss of $74.3 million in t

SÃO PAULO, Brazil, May 24, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal third quarter 2024 after market close on Monday, June 3, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 6:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Third Quarter 2024 Earnings Conference Call Event Date: Monday, June 3, 2024 Time: 6:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: https://ir.lavoroagro.com/disclosure-and-docu

Lavoro's revenue for 2Q24 reached $618.7 million*, marking a 1% increase compared to the prior year period, as volume growth led by market share gains helped to offset continued significant input price deflationary pressures in crop protection and fertilizers across various operating regions2Q24 gross profit stood at $103.0 million, reflecting a -17% decrease year-over-year, with gross margins contracting by -360 basis points to 16.7%, driven mainly by deflationary pressures affecting Ag retail distribution margins, partly mitigated by a more favorable segment mix, as Crop Care grew to represent 24% of Lavoro's gross profit in 2Q24 (up from 16% in 2Q23)Crop Care segment emerged as a highligh

SÃO PAULO, Brazil, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal second quarter 2024 after market close on Thursday, March 7, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 5:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Second Quarter 2024 Earnings Conference Call Event Date: Thursday, March 7, 2024 Time: 5:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International)Event Link: https://ir.lavoroagro.com/disclosure-

Lavoro's revenue for FY1Q24 reached $483.1 million, an increase of +11% compared to the prior year period (+3% in constant currency terms), driven by market share gains.1Q24 gross profit was $59.5 million, a -34% decrease y/y, with gross margins contracting by -850 bps to 12.3% due primarily to the ongoing industry-wide deflationary pressures affecting crop protection and fertilizer distribution margins.Net loss was -$14.5 million, compared to net income of $15.1 million in the prior year period; adjusted net loss was -$8.9 million, compared to adjusted net income of $17.2 million in the prior year period.Adjusted EBITDA was $11.1 million, reflecting a -75% decline from the previous year, la

SÃO PAULO, Brazil, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal first quarter 2024 earnings results after market close on Wednesday, January 24, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 5:00 pm ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal First Quarter 2024 Earnings Conference CallEvent Date: Wednesday, January 24, 2024       Time: 5:00 p.m. ET (7:00 p.m. BRT) Participant Numbers: 1-877-407-9716 (U.S.), 1-201-493-6779 (International) Event Link: http

Lavoro's revenue reached $1.8 billion for the FY2023, marking a 24% increase compared to the previous year FY2023 gross profit was $332 million, up 34% y/y, with gross margins expanding 140 bps to 18.5%Lavoro successfully completed the acquisition of Referência Agroinsumos on July 31, 2023, further expanding its retail presence in the State of Rio Grando do Sul in the South of Brazil. Referência serves over 2,000 farmers, and brings an additional 25 technical sales representatives (RTVs) to the Lavoro family On June 30, 2023, Lavoro announced a partnership with Stenon, which will enable us to offer accurate real-time soil analysis to our farmer clients, helping their decision-making and

SÃO PAULO, Brazil, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, today announced that it will release its fourth quarter fiscal 2023 earnings results on October 31, 2023, after the market close. Conference Call Details Lavoro's management team will host a conference call and audio webcast the following morning at 8:30 a.m. ET (9:30 a.m. BRT) consisting of prepared remarks followed by a question and answer session related to the Company's operational and financial highlights. Title: Lavoro Fourth Quarter 2023 Earnings Conference CallEvent Date: Wednesday, November 1, 2023 Ti

Lavoro's revenue reached $1.5 billion USD for the nine months period ended March 31, 2023, representing growth of 25% versus the prior year period For the nine months ended on March 31, 2023, gross profit was $285 million USD, increasing 35% over the previous year and representing a margin of 18.6% Lavoro successfully completed the acquisition of Cromo Química on May 31, 2023, adding further products and expertise in high-performance adjuvants to Lavoro's Crop Care Cluster In accordance with its growth strategy and commitment to offering comprehensive services to farmers, Lavoro entered into a strategic partnership in May 2023 with a subsidiary of Banco do Brasil to deliver tailored agric

SÃO PAULO, Brazil, May 22, 2023 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, today announced that it will release its third quarter fiscal 2023 earnings results on Thursday, June 1, 2023, after the market close. Conference Call Details The Company will host a conference call and webcast to review its third quarter fiscal 2023 results on Thursday, June 1, 2023, at 5:00 pm ET. The live telephonic conference call can be accessed following registration via this link https://edge.media-server.com/mmc/p/ox7iv3gg. An archived replay of the webcast will also be available shortly after the live event

On February 28, 2023, Lavoro and TPB Acquisition Corp. I completed the previously announced business combination and Lavoro began trading on the Nasdaq under "LVRO" on March 1, 2023.Combined revenue increased 45% to $1.0 billion in the first half fiscal 2023 ended December 31, 2022, as compared to the first half fiscal 2022 driven primarily by the increase of agricultural retail sales, reflecting Lavoro's organic and inorganic expansion, and the sales increase from the Company's private label products.First half fiscal 2023 combined pro forma net revenue increased 26% to $1.1 billion. Pro forma revenue growth assumes Lavoro owned its acquired companies for the complete current and prior peri

On February 28, 2023, Lavoro and TPB Acquisition Corp. I completed the previously announced business combination. Lavoro began trading on the Nasdaq under "LVRO" on March 1, 2023. Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, today announced select financial results for the first half fiscal 2023, ending December 31, 2022. The Company also announced that it will release its first half fiscal 2023 earnings results on Monday, April 10, 2023, after the market close. Ruy Cunha, Chief Executive Officer of Lavoro commented, "We are thrilled to complete our business combination and look forward to our inaugural ea