FDP News and Press, Fresh Del Monte Produce Inc. From 02/22/23

Fresh Del Monte Produce press release ( NYSE: FDP ): Q4 Non-GAAP EPS of $0.45. Revenue of $1.04B (+2.0% Y/Y). For further details see: Fresh Del Monte Produce Non-GAAP EPS of $0.45, revenue of $1.04B

Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the fourth quarter and the full fiscal year ended December 30, 2022. Financial highlights for the fourth quarter and full fiscal year 2022: “The fourth quarter of...

Fresh Del Monte Produce ( NYSE: FDP ) is scheduled to announce Q4 earnings results on Wednesday, February 22nd, before market open. The consensus EPS Estimate is -$0.04 (compared to -$0.18 in prior year quarter) and the consensus Revenue Estimate is $1.03B (+1.0% Y/Y). Over th...

Fresh Del Monte Produce Inc. (NYSE: FDP), today announced that it will issue a press release on its fourth quarter and full fiscal year 2022 financial results prior to the market opening on Wednesday, February 22, 2023 and will host its quarterly conference call that day at 10:00 a.m. Eastern Tim...

Summary Positive change in the product mix, optimization of logistics costs, and the final stage of integration of previous acquisitions continue to support the profitability of the business. The company continues to effectively pass on the increased inflation rates to the end consumer....

Fresh Del Monte Produce ( NYSE: FDP ) and Moze Holding, a Talc Investment Co., has announced the signing of a Somalia-based, multi-year banana partnership located in the heart of the previously famed banana belt area. This partnership will not only significantly reduce banana tran...

Partnership aims to relaunch Somalian banana production Fresh Del Monte Produce Inc. , one of the world’s leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruits and vegetables, and Moze Holding Limited, a Talc Investm...

Summary I think Dole plc selling its Vegetable division is an incredibly accretive move. After the sale, even at today's depressed multiple, Dole plc stock offers a 45% upside potential, all else being equal. A re-rating to its closest peer would offer Dole plc a 100% upside. ...

Summary Dole plc's sale of the Fresh Vegetable division substantially de-risks an already compelling investment by increasing EBITDA and decreasing leverage. Adjusted EBITDA increases ~$30 million to $370 just by removing the loss-making division. Interest expense should decrease fr...

Summary A number of VBR "green energy" picks have popped higher in January, pulling investment returns for the group of past picks strongly higher. A performance review of 46 previous selections since late June is discussed. I continue to refine the search and formula ideas for iden...