Fresh Del Monte Produce

Fresh Del Monte Produce, Inc. engages in production and distribution of fresh fruit and vegetables products. It operates through the following segments: Bananas and Fresh and Value-added products segments. The Bananas segment produces banana. The Fresh and Value-added products segment includes sales of pineapples, melons, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis), other fruit and vegetables, avocados, fresh-cut fruit and vegetables, prepared fruit and vegetables, juices, other beverages, prepared meals and snacks. The company was founded in 1886 and is headquartered in Coral Gables, FL.

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Fresh Del Monte (FDP) excels in Q4 2022, eyes sustained profitability

Fresh Del Monte Produce (FDP) reported a strong Q4 2022 performance, driven by robust sales and margin improvements. The company's strategic focus on cost control, innovation, and partnerships positioned it well to navigate challenges and capitalize on growth opportunities.

Fresh Del Monte Produce reports robust Q1 results and growth opportunities

Fresh Del Monte Produce delivered a strong performance in Q1 2023, focusing on profitability and operational efficiency.
Despite challenges in certain segments and inflationary pressures, the company managed to improve key financial metrics.
With opportunities for growth in the banana segment and leveraging its trusted brand status, Fresh Del Monte Produce is poised for continued success.

Fresh Del Monte Produce (FDP) doubles net income, focuses on core products and sustainability for growth

Fresh Del Monte Produce (FDP) delivered strong financial performance in Q2 2023, with improved net income, gross profit, and operating income, driven by core product strength and asset optimization.
While facing challenges such as lower net sales and fluctuating avocado pricing, the company showcased resilience through sustainability efforts, innovation, and strategic partnerships.
Opportunities for growth lie in expanding core product lines, leveraging technology, and exploring new partnerships and market segments to drive future success and profitability.

Fresh Del Monte Produce (FDP) reports solid Q3 performance and targets 12% gross margins

Fresh Del Monte Produce (FDP) delivered a strong performance in Q3 2023, showcasing operational excellence and strategic initiatives. While facing challenges in banana market dynamics and volume declines, the company remains focused on maintaining margins and driving growth. With a positive outlook for the future, Fresh Del Monte Produce (FDP) aims to capitalize on opportunities for expansion and efficiency improvements.

Fresh Del Monte Produce reports mixed Q4 performance and debt reduction success

Fresh Del Monte Produce's Q4 2023 performance was a mix of challenges and strengths, with a focus on debt reduction and margin improvement.
Despite facing an impairment charge and net loss, the company made progress in asset optimization and financial flexibility.
Opportunities lie in exploring strategic alternatives, expanding in key markets, and enhancing operational efficiency for future growth.
Overall, the company's financial health and strategic initiatives position it for potential growth and shareholder value creation.

Fresh Del Monte Produce reports mixed Q1 results, focuses on innovation and debt reduction

Fresh Del Monte Produce (FDP) faced a mixed financial performance in Q1 2024, with revenue growth in specific segments but overall declines in key financial metrics.
The company showcased strengths in product innovation, debt reduction, and revenue growth in certain categories like avocados.
Challenges persist in profitability and overall financial performance, signaling the need for strategic adjustments to drive sustainable growth.
Opportunities lie in further product innovation, market expansion, and leveraging successful product launches to improve financial performance and market position.

Fresh Del Monte (FDP) boosts margins and innovation amidst sales challenges

Fresh Del Monte Produce (FDP) showcased improved margins and adjusted EBITDA in Q2 2024 despite challenges in net sales and production costs. The company's focus on innovation, sustainability, and product expansion positions it well for future growth opportunities. Strategic pricing and cost management will be crucial in navigating market challenges.

Fresh Del Monte Produce reports robust Q3 earnings and sustainability achievements

Fresh Del Monte Produce delivered strong financial results in Q3 2024, driven by the performance of its Fresh and Value-Added Products segment and successful sustainability initiatives. The company's focus on operational improvements at Mann Packing and weather-related event assessments are key areas of attention.
Recognitions like Newsweek's World's Most Trustworthy Companies and Humankind 100 underscore Fresh Del Monte Produce's commitment to excellence and trustworthiness. Opportunities lie in further strengthening segment performance, exploring new ventures like biofertilizers, and expanding sustainability efforts.

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Fresh Del Monte Produce, Inc. engages in production and distribution of fresh fruit and vegetable products. It operates through the following segments: Fresh and Value-added products, Bananas, and Other Products and Services. The Fresh and Value-added products segment includes sales of pineapples, melons, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis), other fruit and vegetables, avocados, fresh-cut fruit and vegetables, prepared fruit and vegetables, juices, other beverages, and prepared meals and snacks. The Bananas segment produces bananas. The Other Products and Services segment operates the third-party freight and logistics services business and the Jordanian poultry and meats business. The company was founded in 1886 and is headquartered in Coral Gables, FL.

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CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), through its vegetable division, Mann Packing, introduces Newman's Own™ Salad Kits, the first-ever packaged salad kits from the philanthropic food brand. This new product line combines Fresh Del Monte's dedication to providing fresh, quality products and supporting communities with Newman's Own's mission of giving back through its one-of-a-kind business model. Newman's Own Foundation continues Paul Newman's commitment.

ADDING MULTIMEDIA Fresh Del Monte's Vegetable Division, Mann Packing, Launches First-Ever Newman's Own™ Salad Kits, Combining Quality Ingredients and a Commitment to Children's Well-Being

Fresh Del Monte's Vegetable Division, Mann Packing, Launches First-Ever Newman's Own™ Salad Kits, Combining Quality Ingredients and a Commitment to Children's Well-Being

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruits and vegetables, announces the appointment of Thomas (Tommy) Padilla as Vice President, Avocados (International), effective November 18, 2024. He brings more than 14 years of experience in the produce industry, specializing in international and export sales. Padilla will report directly to.

Fresh Del Monte Strengthens Avocado Program with Appointment of Thomas Padilla as Vice President, Avocados (International)

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CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. to Participate in Stephens Annual Investment Conference.

Fresh Del Monte Produce Inc. to Participate in Stephens Annual Investment Conference

Fresh Del Monte Produce, Inc. (FDP) Q3 2024 Earnings Call Transcript

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. Reports Third Quarter Earnings for Fiscal 2024.

Fresh Del Monte Produce Inc. Reports Third Quarter Earnings for Fiscal 2024

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), through its vegetable division Mann Packing, announced the sale of its Fresh Leaf Farms brand and operations to First Leaf Farms—a new partnership between the Costa and Nunes families, both prominent leaders in the Salinas Valley produce industry. This transaction aligns with a shared commitment to drive innovation, enhance customer offerings, and strengthen leadership in the fresh produce sector. For Mann Packing, t.

Fresh Del Monte's Mann Packing Sells Fresh Leaf Farms to First Leaf Farms, a New Partnership between Costa Family and The Nunes Family

Fresh Del Monte Produce offers strong dividend growth potential, with a low payout ratio and robust balance sheet supporting future increases. The company reported impressive earnings, with significant growth in gross profit and margins in two of its three segments. Despite headwinds, FDP's valuation suggests over 50% upside potential, especially if inflation cools and interest rates continue to decline.

Fresh Del Monte: Under The Radar, Long-Term Dividend Investors May Love This One

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP) today announced that it will issue a press release on its third quarter financial results prior to market opening on Thursday, October 31, 2024, and will host its quarterly conference call that day at 11:00 a.m. Eastern Time to discuss the Company's financial results. Institutional investors, analysts and other members of the financial community are invited to join the live call by dialing 1 (888) 330-2454 (Domestic/T.

Fresh Del Monte Produce Inc. to Report Third Quarter 2024 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), a leading global producer, marketer, and distributor of fresh and fresh-cut fruits and vegetables, has released its 2023 Sustainability Report, highlighting key progress toward a more sustainable future. As the first global marketer of fruits and vegetables to commit to the Science Based Targets initiative (SBTi), Fresh Del Monte is pleased to announce it achieved its SBTi-approved Scope 1 and 2 greenhouse gas (GHG).

Fresh Del Monte Publishes 2023 Sustainability Report, Achieving Scope 1 and 2 Emission Reduction Goal Seven Years Early

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruits and vegetables, today announces it will offer its latest pineapple innovation, the Rubyglow® pineapple, in Europe in early 2025. This red-shelled pineapple has a red outer skin, bright yellow flesh, and a new, sweet flavor similar to Del Monte Gold® Extra Sweet pineapples. The Rubyglow® p.

Fresh Del Monte to Bring Red-Shelled Pineapple, the Rubyglow® Pineapple, to Europe in Early 2025

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruit and vegetables, today announces it has been named a Humankind 100 company for the third year in a row for its success in Crop Production ($62.7 billion), Economic Value ($1.4 billion), and Medical Services ($538 million) — and, of course, operating in a manner that is a net positive for hu.

Fresh Del Monte Recognized as Humankind 100 Company for the Third Consecutive Year

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc., (NYSE: FDP) one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruit and vegetables, ranked number eight in Newsweek's 2024 list of the World's Most Trustworthy Companies in the Food & Beverage category. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The full list of.

Fresh Del Monte Earns Esteemed Spot on Newsweek's 2024 List of World's Most Trustworthy Companies

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruits and vegetables, announces today the appointment of Danny Dumas as Senior Vice President of Sales, Marketing & Product Management for North America. Dumas brings over 35 years of industry expertise and leadership to help drive Fresh Del Monte's continued growth and innovation in North.

Fresh Del Monte Announces Appointment of Danny Dumas as Senior Vice President of Sales, Marketing & Product Management for North America

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruits and vegetables, announces today the appointment of Dr. Imad Farhat as Senior Vice President, Specialty Ingredients. Dr. Farhat will spearhead the company's vision to develop groundbreaking ingredients, derived from both Fresh Del Monte's portfolio and other agricultural products. Dr. Farh.

Fresh Del Monte Appoints Dr. Imad Farhat as SVP to Lead Specialty Ingredients Team, Focusing on Natural Ingredient Innovation

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc., one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruits and vegetables, announces today the appointment of Dr. Nizar Haddad as Director of Innovation and Business Development at Fresh Del Monte, and General Manager of De l'Ora Bio, a Fresh Del Monte-led partnership with Vellsam Materias Bioactivas. De l'Ora Bio recently opened a groundbreaking biofertiliz.

Fresh Del Monte Appoints Dr. Nizar Haddad to Lead Innovation and Business Development, Overseeing Groundbreaking Biofertilizer Initiative

Fresh Del Monte Produce Inc. (NYSE:FDP ) Q2 2024 Results Conference Call August 1, 2024 4:45 PM ET Company Participants Christine Cannella - Vice President, Investor Relations Mohammad Ghazaleh - Chairman and CEO Monica Vicente - Senior Vice President and CFO Conference Call Participants Mitch Pinheiro - Sturdivant & Company Operator Good day, and welcome to the Fresh Del Monte Produce Second Quarter 2024 Earnings Conference Call. Today's conference call is being broadcast live over the Internet and is also being recorded for playback purposes.

Fresh Del Monte Produce Inc. (FDP) Q2 2024 Earnings Call Transcript

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. Reports Second Quarter Earnings for Fiscal 2024.

Fresh Del Monte Produce Inc. Reports Second Quarter Earnings for Fiscal 2024

New personal size pineapple is selected from thousands of nominations worldwide for its innovative design to reduce food waste, by giving consumers more sizing options. CORAL GABLES, Fla.

DEL MONTE® PRECIOUS HONEYGLOW™ PINEAPPLE WINS "OVERALL FOOD INNOVATION OF THE YEAR" IN 2024 MINDFUL AWARDS

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), (the “Company”) today announced that it will issue a press release on its second quarter financial results after market closing on Thursday, August 1, 2024, and will host its quarterly conference call that day at 4:45 p.m. Eastern Time to discuss the Company's financial results. Institutional investors, analysts and other members of the financial community are invited to join the live call by dialing 1 (888) 330-2454.

Fresh Del Monte Produce Inc. to Report Second Quarter 2024 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruit and vegetables, was recently awarded a 2024 SEAL Business Sustainability Award in the Environmental Initiative category for the JUNTOS Project, an initiative focused on landscape restoration, conservation, and sustainable development. Kicking off in 2021 in partnership with the German Deve.

Fresh Del Monte Named 2024 SEAL Business Sustainability Award Winner

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