---
schema_version: "secwatch.filing_event.v1"
accession: "0001047340-21-000305"
form_type: "8-K"
ticker: "FDP"
cik: "0001047340"
company_name: "FRESH DEL MONTE PRODUCE INC"
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T13:38:50.894620+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fresh Del Monte Q3 net income plunges to $1.3M from $17.4M; EPS $0.03 vs $0.37

## Summary
- Net sales up 2% to $1,004.8M; gross profit fell to $48.9M from $67.3M (margin 4.9% vs 6.8%).
- FDP net income of $1.3M ($0.03 diluted EPS) vs $17.4M ($0.37) in prior-year quarter.
- Adjusted EBITDA dropped to $26.2M from $51.0M; Adjusted EBITDA margin declined to 2.6% from 5.2%.
- Inflation and labor shortages drove higher costs across supply chain, particularly in banana and fresh-cut segments.
- Board declared $0.15/share quarterly dividend, payable Dec 10, 2021 to holders of record Nov 17.

## SEC filing metadata
- accession: 0001047340-21-000305
- form_type: 8-K
- ticker: FDP
- cik: 0001047340
- company_name: FRESH DEL MONTE PRODUCE INC
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047340/000104734021000305/0001047340-21-000305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047340/000104734021000305/fdp-20211103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001047340-21-000305
- JSON: https://secwatch.observer/filing/0001047340-21-000305.json
- Plain text: https://secwatch.observer/filing/0001047340-21-000305.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.