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We recap the Q1 earnings from Fresh Del Monte Produce.
Weak banana sales have been a drag on otherwise strong results from fresh-cut and value-added products.
We expect shares to remain volatile until there is evidence of a growth rebound.
Fresh Del Monte Produce Inc. ( FDP ) reported its first-quarter results which missed both revenue and EPS expectations. The story has been the pressure from weak banana sales dragging lower the firm-wide results. The stock is down about 8% year to date....