---
schema_version: "secwatch.filing_event.v1"
accession: "0001047340-23-000183"
form_type: "8-K"
ticker: "FDP"
cik: "0001047340"
company_name: "FRESH DEL MONTE PRODUCE INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:08:42.841561+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fresh Del Monte Q2 net income doubles to $47.7M; gross profit up 45%

## Summary
- Net income attributable to FDP $47.7M vs $21.2M YoY; diluted EPS $0.99 vs $0.44.
- Gross profit $116.8M, up 45% YoY; gross margin 9.9% vs 6.7%.
- Banana segment gross margin more than doubled to 11.3% vs 5.3% on higher pricing and lower ocean freight.
- Long-term debt reduced to $400.5M from $472.7M sequentially; dividend increased to $0.20/share from $0.15.
- Adjusted operating income $67.9M vs $33.4M; includes $4.6M impairment and cybersecurity expenses.

## SEC filing metadata
- accession: 0001047340-23-000183
- form_type: 8-K
- ticker: FDP
- cik: 0001047340
- company_name: FRESH DEL MONTE PRODUCE INC
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1047340/000104734023000183/0001047340-23-000183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047340/000104734023000183/fdp-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001047340-23-000183
- JSON: https://secwatch.observer/filing/0001047340-23-000183.json
- Plain text: https://secwatch.observer/filing/0001047340-23-000183.txt

## Key facts
- Earnings Releases
  FRESH DEL MONTE PRODUCE INC reported the second quarter ended June 30, 2023 results: revenue $1,180.5 million, net income $47.7 million.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $1,180.5 million
  - Net income: $47.7 million
  - Result: reported results
  source text: decision-making process, which is beginning to reflect in our financial results.” Financial highlights for the second quarter 2023: Net sales for the second quarter of 2023 were $1,180.5 million compared with $1,211.9 million in the prior-year period. The net sales variance was primarily driven by the fresh and value-added products segment, specifically lower per unit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047340/000104734023000183/0001047340-23-000183-index.htm

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