---
schema_version: "secwatch.filing_event.v1"
accession: "0001047340-23-000114"
form_type: "8-K"
ticker: "FDP"
cik: "0001047340"
company_name: "FRESH DEL MONTE PRODUCE INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:01:04.553081+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fresh Del Monte Q1 GAAP EPS $0.81 vs $0.54; dividend raised to $0.20

## Summary
- GAAP net income $39.0M ($0.81 diluted EPS) vs $25.8M ($0.54); adjusted EPS flat at $0.55.
- Net sales down 1% to $1,128.5M; banana sales +5%, fresh & value-added -4%.
- Gross profit rose to $97.0M (8.6% margin) from $89.8M (7.9%) on higher pricing and lower distribution costs.
- Board declared quarterly dividend of $0.20/share (up from $0.15), payable June 9 to holders May 17.
- Recorded $27.5M gain on sale of three underutilized properties; $2.4M cybersecurity incident charges.

## SEC filing metadata
- accession: 0001047340-23-000114
- form_type: 8-K
- ticker: FDP
- cik: 0001047340
- company_name: FRESH DEL MONTE PRODUCE INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1047340/000104734023000114/0001047340-23-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047340/000104734023000114/fdp-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001047340-23-000114
- JSON: https://secwatch.observer/filing/0001047340-23-000114.json
- Plain text: https://secwatch.observer/filing/0001047340-23-000114.txt

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