Highest-materiality recent filing
FDP Q1 GAAP EPS $0.21, adj. $0.63; Del Monte Foods acquisition contributes
Net sales $1,044.1M (-4.9% YoY); GAAP net income $10.0M vs $31.1M prior year.
Fresh Del Monte declares $0.30/share quarterly dividend payable June 11
Quarterly cash dividend of $0.30 per share declared by Board.
Fresh Del Monte completes $285M acquisition of Del Monte Foods' packaged foods business
Purchase price $285M plus assumed liabilities; funded via cash on hand and revolving credit facility.
Fresh Del Monte Q4 EPS $0.67 adj $0.70; FY adj EPS up 22%; dividend raised to $0.30
Q4 2025 diluted EPS $0.67 ($0.70 adj); FY diluted EPS $1.88 ($3.68 adj, +22% YoY).
Court-approved asset purchase of canned vegetables, tomato, refrigerated fruit and bubble tea businesses under Del Monte, S&W, Contadina, Joyba brands.
Fresh Del Monte selected successful bidder for Del Monte Foods assets for $285M
$285M purchase price plus liability assumption; court hearing Jan 28, closing in Q1 2026.
Fresh Del Monte promotes Mohammed Abbas to President and COO; base salary raised to $1M
Mohammed Abbas, 49, promoted from EVP/COO to President/COO effective Jan 1, 2026.
Fresh Del Monte reports Q3 net loss of $29.1M; divests Mann Packing, exits Philippine banana farms
Net loss $29.1M (diluted EPS -$0.61) vs net income $42.1M ($0.88) in prior year.
Net sales $1,182.5M (+4% YoY); gross profit $120.1M (+6%); gross margin 10.2% (up 30 bps).
Fresh Del Monte shareholders re-elect three directors, ratify auditor, approve say-on-pay
Elected Amir Abu-Ghazaleh (39.9M for), Mary Ann Cloyd (32.2M for), Charles Beard Jr. (38.9M for) to 3-year terms.
Fresh Del Monte Q1: gross profit +12% to $92.2M, EPS $0.64; dividend raised to $0.30
Revenue $1,098.4M (-1% YoY); gross profit $92.2M (+12%); diluted EPS $0.64 vs $0.55.
Fresh Del Monte Q4 net income $20.4M, EPS $0.42; authorizes $150M buyback, dividend to $0.30
Q4 net income $20.4M ($0.42 diluted EPS) vs net loss of $106.4M; adjusted operating income $17.1M.
Fresh Del Monte Q3: EPS $0.88 (vs $0.17); gross margin up 180bps to 9.2%; dividend raised to $0.25
Net income attributable to FDP $42.1M ($0.88 diluted EPS) vs $8.4M ($0.17) in prior year; adjusted net income $37.0M.
Fresh Del Monte SVP North American Sales retiring effective Aug 16, 2024
Jesus Rodriguez Calvo, SVP North American Sales, retires effective August 16, 2024.
Fresh Del Monte Q2 2024 net income up to $53.6M; debt falls to $285M; dividend raised to $0.25
Net sales $1,139.7M, down 3.5% YoY; gross margin 9.9% flat; net income $53.6M vs $47.7M, EPS $1.12.
Fresh Del Monte shareholders re-elect directors, ratify auditor, approve say-on-pay
Shareholders elected Mohammad Abu-Ghazaleh, Ahmad Abu-Ghazaleh, and Dr. Ajai Puri as directors for three-year terms expiring at 2027 AGM.
Fresh Del Monte Q1 2024: EPS $0.55 vs $0.81; fresh/value-added revenue up 5%
Net sales $1,107.9M (-1.8% YoY); net income attributable to FDP $26.1M (-33%) or $0.55 per diluted share.
Effective August 16, 2024, Jesus Rodriguez Calvo, Senior Vice President, North American Sales of Fresh Del Monte Produce Inc. (the “Company”), will retire from the Company.
Max materiality 0.85 · Median 0.75 · Most common event earnings