secwatch.observer — SEC 8-K summary
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Issuer:     FRESH DEL MONTE PRODUCE INC (FDP)
CIK:        0001047340
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001047340-26-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FDP Q1 GAAP EPS $0.21, adj. $0.63; Del Monte Foods acquisition contributes
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047340/000104734026000023/0001047340-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1047340/000104734026000023/fdp-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001047340-26-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer