FDP - Fresh Del Monte Produce Non-GAAP EPS of $0.55 misses by $0.04 revenue of $1.13B misses by $30M
2023-05-03 06:17:16 ET
- Fresh Del Monte Produce press release ( NYSE: FDP ): Q1 Non-GAAP EPS of $0.55 misses by $0.04 .
- Revenue of $1.13B (-0.9% Y/Y) misses by $30M .
- The decrease in net sales was impacted by lower per unit selling prices of avocados, lower volumes in the fresh and value-added products segment, and negative fluctuations in exchange rates, primarily in Europe and Asia. Partially offsetting the decrease in net sales were higher per unit selling prices across most other products and higher banana sales volume.
For further details see:
Fresh Del Monte Produce Non-GAAP EPS of $0.55 misses by $0.04, revenue of $1.13B misses by $30M