---
schema_version: "secwatch.filing_event.v1"
accession: "0001047340-23-000230"
form_type: "8-K"
ticker: "FDP"
cik: "0001047340"
company_name: "FRESH DEL MONTE PRODUCE INC"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T01:53:57.739328+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fresh Del Monte Q3 net income $8.4M ($0.17 EPS) vs $33.3M; banana margin up 250 bps

## Summary
- Net sales Q3 $1,003.1M vs $1,053.5M; gross profit $74.4M vs $88.0M (incl. $8.4M Greece flood charge).
- Banana segment gross margin improved to 8.3% from 5.8% on lower distribution and ocean freight costs.
- Long-term debt reduced 26% to $401.0M from $539.8M at FY2022 year-end.
- Quarterly cash dividend increased to $0.20 per share from $0.15, payable Dec 8, 2023.
- Nine-month diluted EPS $1.97 vs $1.68; adjusted EBITDA growth driven by higher gross margins.

## SEC filing metadata
- accession: 0001047340-23-000230
- form_type: 8-K
- ticker: FDP
- cik: 0001047340
- company_name: FRESH DEL MONTE PRODUCE INC
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047340/000104734023000230/0001047340-23-000230-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047340/000104734023000230/fdp-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001047340-23-000230
- JSON: https://secwatch.observer/filing/0001047340-23-000230.json
- Plain text: https://secwatch.observer/filing/0001047340-23-000230.txt

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