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2023-09-18 21:41:31 ET Summary Fresh Del Monte's Q2 results show a record cash balance of $43.8 million, with gross profits up 45% to $116.8 million. The recent rise in gross margins was driven by higher banana profitability in the first half of the year, but long-term results sho...
2023-09-05 04:16:04 ET Summary Dole stable 1H 2023 performance was largely driven by pricing. Long term strategy focused on expanding into high-growth markets like avocados, berries, and organic produce. Scale advantages could help Dole capture market share. Risks include comm...
2023-08-24 11:08:58 ET Summary FDP has had mixed track record and volatile earnings over the past decade despite being a leading player in the food industry. While the company has had strong earnings, there are concerns that gross margins may have peaked and downside risks to gros...
Partnership leverages Flowspace software and adds 30+ temperature-controlled cold storage facilities to its expansive fulfillment network Fresh Del Monte Produce Inc. , one of the world’s leading vertically integrated producers, marketers, and distributors of high-quality fre...
2023-08-02 16:46:10 ET Fresh Del Monte Produce Inc. (FDP) Q2 2023 Earnings Conference Call August 2, 2023 10:00 ET Company Participants Claudia Pou - Vice President, Corporate Communications Mohammad Abu-Ghazaleh - Chairman and Chief Executive Officer Monica Vice...
2023-08-02 09:27:35 ET Fresh Del Monte Produce ( NYSE: FDP ) declares $0.20/share quarterly dividend , in line with previous. Forward yield 3.02% Payable Sept. 8; for shareholders of record Aug. 16; ex-div Aug. 15. The company has now announced a dividend of $0...
2023-08-02 06:20:18 ET Fresh Del Monte Produce press release ( NYSE: FDP ): Q2 Non-GAAP EPS of $0.96 beats by $0.37 . Revenue of $1.18B (-2.5% Y/Y) misses by $40M . Adjusted EBITDA of $85.4M. For further details see: Fresh Del Monte Produce Non-GAAP E...
Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the second quarter ended June 30, 2023. “We are pleased with our performance for the second quarter as net income more than doubled and gross profit and gross margin incr...
2023-08-01 11:59:48 ET Fresh Del Monte Produce ( NYSE: FDP ) is scheduled to announce Q2 earnings results on Wednesday, August 2nd, before market open. The consensus EPS Estimate is $0.59 (+37.2% Y/Y) and the consensus Revenue Estimate is $1.22B (+0.8% Y/Y). Over the l...
Two leading sustainability organizations honored the global produce company Fresh Del Monte Produce Inc is being recognized for its work in sustainability by two different leading sustainability organizations that honor companies doing good for the planet. The company was recently a...
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DEL MONTE® PRECIOUS HONEYGLOW™ PINEAPPLE WINS "OVERALL FOOD INNOVATION OF THE YEAR" IN 2024 MINDFUL AWARDS PR Newswire New personal size pineapple is selected from thousands of nominations worldwide for its innovative design to reduce food waste, by givin...
Fresh Del Monte Produce Inc . (NYSE: FDP), (the “Company”) today announced that it will issue a press release on its second quarter financial results after market closing on Thursday, August 1, 2024, and will host its quarterly conference call that day at 4:45 p.m. Eastern Time to...
Fresh Del Monte Produce Inc. (NYSE: FDP) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 3.94% on the day to $23.26. Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fr...