Fresh Del Monte Produce is a leading global producer and distributor of fresh and prepared fruits and vegetables
The company specializes in growing, sourcing, marketing, and selling a wide variety of high-quality produce, including bananas, pineapples, melons, and avocados, as well as value-added products like fruit cups and snacks. Fresh Del Monte operates a vertically integrated supply chain that encompasses farming, packaging, and distribution, enabling it to deliver fresh products to retailers, food service operators, and consumers worldwide. With a commitment to sustainability and quality, the company aims to provide nutritious and healthy food options while promoting environmentally responsible practices throughout its operations.
Fresh Del Monte Produce Inc., (NYSEFDP) one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, today announced the appointment of Deema Anani as Chief Commercial Officer (Specialty Ingredients). Based in Dubai, Anani will report directly to Chairman and CEO Mohammad Abu-Ghazaleh and will focus on driving commercial growth within Specialty Ingredients and Innovation, a key area of the company’s long-term strategy.
Fresh produce company Fresh Del Monte (NYSEFDP) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $1.01 billion. Its non-GAAP profit of $0.26 per share was 29.7% below analysts’ consensus estimates.
Fresh Del Monte Produce reported slight sales growth of 0.4% in Q4, totaling $1.01 billion, underperforming analyst expectations. Gross profit increased by nearly 10%, but adjusted EPS of $0.26 missed the consensus estimate.
Fresh Del Monte Produce Inc. (NYSEFDP), ("Fresh Del Monte" or the "Company") today reported financial results for the fourth quarter and the full fiscal year ended December 27, 2024.
Fresh Del Monte Produce Inc. (NYSEFDP) (the “Company”) today announced that its Board of Directors (the “Board”) has approved a $150 million share repurchase program, reinforcing its balanced capital allocation strategy. Additionally, the Board has announced an increase in the quarterly dividend from $0.25 to $0.30. The next quarterly dividend will be paid on March 28, 2025, to shareholders of record on March 10, 2025.
Fresh Del Monte Produce Inc., (NYSEFDP) 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 2025 SEAL Business Sustainability Award in the Environmental Initiative category, which celebrates leadership, innovation, and commitment to sustainable business practices. Fresh Del Monte was recognized for achieving its reduction targets of 27.5% for Scope 1 and Scope 2 greenhouse gases seven years ahead of its 2030 goal. This represents the fourth time in five years Fresh Del Monte has received the prestigious award in recognition for its commitment to minimizing the company’s environmental impact.
Fresh Del Monte Produce Inc. (NYSEFDP) (the “Company”) today announced that management will meet with institutional investors at the Citi 2025 Global Consumer & Retail Conference in Aventura, Florida on Monday, March 10, 2025.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Freshpet (NASDAQFRPT) and the best and worst performers in the perishable food industry.
Fresh Del Monte Produce Inc. (NYSEFDP) today announced that it will issue a press release on its fourth quarter and full fiscal 2024 financial results prior to market opening on Monday, February 24, 2025, and will host its quarterly conference call that day at 11:00 a.m. Eastern Time to discuss the Company’s financial results. Hosting the call for the Company will be Mohammad Abu-Ghazaleh, Chairman and Chief Executive Officer, Monica Vicente, Senior Vice President and Chief Financial Officer, and Christine Cannella, Vice President Investor Relations.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at perishable food stocks, starting with Mission Produce (NASDAQAVO).
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Fresh Del Monte Produce (NYSEFDP) and the rest of the perishable food stocks fared in Q3.
Fresh Del Monte Produce Inc. (NYSEFDP), 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 to use all the money it receives from the sales of these products to nourish and transform the lives of children facing adversity.
What a fantastic six months it’s been for Fresh Del Monte Produce. Shares of the company have skyrocketed 46.7%, hitting $33.97. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Fresh Del Monte Produce Inc. (NYSEFDP), 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 Danny Dumas, Senior Vice President of Sales, Marketing, and Product Management for North America, in his new role.
Fresh Del Monte Produce Inc. (NYSEFDP) today announced that management will participate in Stephens Annual Investment Conference, to be held at the Grand Hyatt Nashville Hotel, Nashville, Tennessee. Monica Vicente, Senior Vice President and Chief Financial Officer, and Christine Cannella, Vice President of Investor Relations, will participate in a fireside chat at 2:00 p.m. Eastern Time (1:00 p.m. Central Time) on Wednesday, November 20, 2024. A live webcast of the event will be available on Fresh Del Monte’s investor relations website at Fresh Del Monte Produce Inc. - Events & Presentations and will be available for replay for at least 90 days thereafter. Fresh Del Monte’s management will also be conducting one-on-one meetings with investors attending the conference.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Estée Lauder (NYSEEL) and the best and worst performers in the consumer staples industry.
