earnings
confidence high
sentiment neutral
materiality 0.75
FDP Q1 GAAP EPS $0.21, adj. $0.63; Del Monte Foods acquisition contributes
FRESH DEL MONTE PRODUCE INC
2026-Q1 EPS reported
$0.21
revenue$1,044,100,000
- Net sales $1,044.1M (-4.9% YoY); GAAP net income $10.0M vs $31.1M prior year.
- Adjusted EPS $0.63; GAAP EPS $0.21 includes $20M impairment and acquisition costs.
- Del Monte Foods acquisition closed March 19; contributed initial sales in prepared foods segment.
- Long-term debt rose to $438M from $173M to fund acquisition; dividend $0.30/share unchanged.
- Cash from ops $44.1M; repurchased 100K shares for $4.0M.