earnings
confidence high
sentiment positive
materiality 0.70
Fresh Del Monte Q1: gross profit +12% to $92.2M, EPS $0.64; dividend raised to $0.30
FRESH DEL MONTE PRODUCE INC
2025-Q1 EPS reported
$0.64
revenue$1,098,400,000
- Revenue $1,098.4M (-1% YoY); gross profit $92.2M (+12%); diluted EPS $0.64 vs $0.55.
- Fresh & value-added segment sales $683.2M (62% of total); gross margin 10.1% from 8.3%.
- Banana segment sales $363.8M (-4%); gross margin 4.6% vs 5.7% on lower volumes/prices.
- Quarterly dividend declared $0.30 per share, up from $0.25, payable June 6, 2025.
- Long-term debt reduced to $233.0M (-5% from Q4 2024); operating cash flow $46.1M vs $18.7M.