---
schema_version: "secwatch.filing_event.v1"
accession: "0001047340-22-000136"
form_type: "8-K"
ticker: "FDP"
cik: "0001047340"
company_name: "FRESH DEL MONTE PRODUCE INC"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:20:56.687715+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fresh Del Monte Q1 net income down 40% to $25.8M; revenue up 5% to $1.14B

## Summary
- Net sales $1,136.9M (+5% YoY); gross profit $89.8M vs $105M; FDP net income $25.8M vs $42.7M.
- Diluted EPS $0.54 vs $0.90; adjusted diluted EPS $0.55 vs $0.88.
- Banana segment gross margin fell to 9.3% from 12.0%; fresh/value-added margin to 6.6% from 8.3%.
- Dividend raised to $0.15/share from $0.10; payable June 10 to holders of record May 18.
- Management cited unprecedented inflation and supply chain constraints as primary headwinds.

## SEC filing metadata
- accession: 0001047340-22-000136
- form_type: 8-K
- ticker: FDP
- cik: 0001047340
- company_name: FRESH DEL MONTE PRODUCE INC
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047340/000104734022000136/0001047340-22-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047340/000104734022000136/fdp-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001047340-22-000136
- JSON: https://secwatch.observer/filing/0001047340-22-000136.json
- Plain text: https://secwatch.observer/filing/0001047340-22-000136.txt

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