Fresh Del Monte Produce (FDP)
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3 Blue-Chip Stocks to Triple Your Wealth by 2026: June Edition
Investor Place· 2024-06-14 10:13
If this year's market volatility has left you reeling, you're not alone. But, despite the high valuations plaguing many tech stocks, plenty of top-tier, high-quality blue-chip stocks are waiting in the wings to bring muchneeded stability to investors' portfolios. During the ongoing rally, stock values fluctuated dramatically, prompting a shift towards small-cap, tech and growth stocks. While these investments have been profitable, they may not represent the best strategy for longterm stability. Instead, the ...
Fresh Del Monte Produce (FDP) - 2024 Q1 - Quarterly Report
2024-05-03 19:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ——————————— FORM 10-Q ——————————— (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 333-07708 (Commission file number) ——————————— FRESH DEL MONTE PRODUCE INC. (Exact Name of Registrant as Specified in Its Charter) ...
Fresh Del Monte Produce (FDP) - 2024 Q1 - Earnings Call Presentation
2024-05-03 00:14
• Released new pineapple offerings, Rubyglow® pineapple and Precious Honeyglow® pineapple NET SALES Q1: $82M vs. $97M PY ADJ. OPERATING INCOME* 7 *Non-GAAP financial measure. Reconciliations and other information required by Regulation G can be found in the Appendix section of the presentation. 7 Q1 2024 • Avocado revenue increased 23% compared with prior-year period due to pricing improvements GROSS PROFIT 9 Q1 2024 $43 Q1 2023 • Gross margin decreased to 5.7% compared with 10.2% in the prior-year period $ ...
Fresh Del Monte Produce (FDP) - 2024 Q1 - Earnings Call Transcript
2024-05-03 00:14
Fresh Del Monte Produce Inc. (NYSE:FDP) Q1 2024 Earnings Conference Call May 2, 2024 4:45 PM ET Conference Call Participants Good day, everyone. And welcome to Fresh Del Monte ProduceÂ's First Quarter 2024 Earnings Conference Call. TodayÂ's conference call is being broadcast live over the internet and is also being recorded for playback purposes. All lines have been placed on mute to prevent any background noise. After the speakerÂ's remarks, there will be a question-and-answer session. [Operator Instructio ...
Fresh Del Monte Produce (FDP) - 2024 Q1 - Quarterly Results
2024-05-02 20:09
Fresh Del Monte Produce Inc. Fresh Del Monte Produce Inc. Reports First Quarter Earnings for Fiscal 2024 Fresh and Value-Added Segment Revenue Increased 5% Compared to Prior-Year Avocado Revenue Increased 23% Driven by Year-Over-Year Pricing Improvement Company Expanded Pineapple Program with Launch of Two New Pineapple Innovations, Rubyglow® pineapple and Precious Honeyglow® pineapple CORAL GABLES, FL. - May 2, 2024 - Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today repo ...
SEMCAP Food & Nutrition Welcomes Fresh Del Monte as an Anchor Investor
Newsfilter· 2024-03-13 13:00
PHILADELPHIA, March 13, 2024 (GLOBE NEWSWIRE) -- SEMCAP Food & Nutrition (SEMCAP) is pleased to announce the addition of Fresh Del Monte (NYSE:FDP) as a key partner and investor in the first closing of the firm's inaugural Food & Nutrition investment strategy. Having launched the Food & Nutrition platform in 2021, the SEMCAP Food team executed three transactions prior to the launch of the Fund in Q4 2023. SEMCAP was pleased to partner with Fresh Del Monte on two of those three investments in Purely Elizabet ...
Fresh Del Monte Produce (FDP) - 2023 Q4 - Earnings Call Transcript
2024-02-26 17:17
Fresh Del Monte Produce Inc. (NYSE:FDP) Q4 2023 Earnings Conference Call February 26, 2024 10:00 AM ET Company Participants Mohammad Abu-Ghazaleh - Chairman and Chief Executive Officer Monica Vicente - Senior Vice President and Chief Financial Officer Operator Thank you, Regina. Good morning, everyone, and thank you for joining our fourth quarter and full fiscal year 2023 conference call. As Regina mentioned, IÂ'm Claudia Pou, Vice President, Corporate Communications with Fresh Del Monte Produce. Joining me ...
Fresh Del Monte Produce (FDP) - 2023 Q4 - Earnings Call Presentation
2024-02-26 17:15
Q42023 Earnings Call Presentation February 26, 2024 1 Mohammad Abu-Ghazaleh Chairman & CEO Monica Vicente SVP, CFO FORWARD-LOOKING STATEMENTS This presentation and the related earnings call contain certain forward-looking statements regarding the intent, beliefs or current expectations of the Company. These statements include statements that are preceded by, followed by or include the words "believes", "expects", "anticipates", "may," "will," "outlook," "plan" or similar expressions with respect to various ...
Fresh Del Monte Produce Inc. Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results
Businesswire· 2024-02-26 11:15
CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the fourth quarter and the full fiscal year ended December 29, 2023. "We are pleased with many aspects of our full year 2023 results including our strong gross margins and cash flow which enabled us to have strong full year adjusted earnings per share growth, reduce our long-term debt by $140 million to end the year with an adjusted leverage ratio of 1.7x ...
Fresh Del Monte Produce (FDP) - 2023 Q4 - Annual Results
2024-02-25 16:00
Fresh Del Monte Produce Inc. Fresh Del Monte Produce Inc. Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results Gross Profit Margin for Fiscal Year 2023 Increased to 8.1% from 7.7% in Prior-Year Banana Segment Gross Margin for Fiscal Year 2023 Up 250 Basis Points Compared with Prior-Year Company Exploring Strategic Alternatives for Mann Packing Operation Long-Term Debt Reduced by $140 Million or 26% to $400 million at End of Fiscal Year 2023 Company Increased Quarterly Dividend by 25% for Secon ...