Fresh Del Monte Produce Inc. delivered a quarter of strategic progress in Q3 2025, with net sales slightly higher at $1,021.9 million and gross margin expanding in its fresh and value-added products segment. The company reported a net loss of $29.1 million, but an adjusted net income of $33.1 million, reflecting a disciplined focus on higher-margin categories and strategic portfolio optimization, including the planned divestiture of Mann Packing and exit from underperforming banana farms.

Fresh Del Monte Produce Inc. reported a strong second quarter in 2025, with net sales increasing by 4% to $1,182.5 million and gross profit rising by 6% to $120.1 million. The growth was primarily fueled by higher per unit selling prices and favorable exchange rates in the fresh and value-added products and banana segments. Operating income also saw a slight increase to $68.3 million, and net income attributable to Fresh Del Monte Produce Inc. grew to $56.8 million.

Fresh Del Monte Produce Inc. reported net sales of $1,098.4 million for the first quarter of 2025, a slight decrease from the prior year. Gross profit increased by 12% to $92.2 million, with gross margin expanding to 8.4%. The increase in gross profit was primarily driven by the fresh and value-added products segment.

Fresh Del Monte Produce Inc. saw a modest increase in net sales for Q4 2024, reaching $1.01 billion. The company's operating income rebounded significantly from a loss in the previous year, driven by improved margins in fresh and value-added products. Net income was $20.4 million, while adjusted net income stood at $12.3 million.

Fresh Del Monte reported a net sales increase driven by higher net sales in the fresh and value-added product segment. Gross profit and operating income also increased, primarily driven by higher sales volume and per unit selling prices.

Fresh Del Monte Produce Inc. reported a decrease in net sales due to lower banana sales, but this was partially offset by increased sales in the fresh and value-added products segment. The company saw a slight decrease in gross profit and operating income. FDP net income increased compared to the prior-year period.

Fresh Del Monte reported a decrease in net sales for Q1 2024, with $1,107.9 million compared to $1,128.5 million in the prior-year period. The decline was attributed to lower banana net sales and reduced sales in the other products and services segment, although the fresh and value-added products segment saw an increase. Operating income decreased to $44.1 million from $74.5 million year-over-year, and net income was $26.1 million compared to $39.0 million in the prior year.

Fresh Del Monte Produce reported a decrease in net sales for Q4 2023 to $1,008.6 million compared to $1,040.0 million in the prior-year period, driven by lower net sales of banana and other products and services segments. The company faced an operating loss of $(113.4) million, impacted by a $133.8 million non-cash asset impairment charge. However, the company increased the quarterly dividend by 25% for the second consecutive year and reduced long-term debt by $140 million.

Fresh Del Monte reported net sales of $1,003.1 million for the third quarter of 2023, compared to $1,053.5 million in the prior-year period. The company's net income for the third quarter was $8.4 million, compared to $33.3 million in the prior-year period.

Fresh Del Monte Produce reported net sales of $1,180.5 million for Q2 2023, compared to $1,211.9 million in the prior-year period. Net income more than doubled, and gross profit and gross margin increased substantially. The company's strategic efforts, including asset optimization, strategic partnerships, and product innovation, are guiding its decision-making process.

Fresh Del Monte Produce reported a decrease in net sales by 1% compared to the prior-year period, but experienced strong gross profit and margin due to higher per unit selling prices and lower distribution costs. The company finalized the sale of three underutilized properties as part of its asset optimization plan.

Fresh Del Monte Produce Inc. reported a strong fourth quarter and full fiscal year 2022, driven by increased net sales and improved gross margins. The company's focus on flexibility, cost control, and customer relationships contributed to a stronger financial position compared to the previous year.

Fresh Del Monte Produce reported a 5% increase in net sales and significant improvement in gross profit for Q3 2022, driven by inflation-justified price increases and a favorable product mix, despite macroeconomic headwinds.

Fresh Del Monte Produce Inc. reported a 6% increase in net sales for Q2 2022, driven by necessary pricing actions across most product categories. Despite facing inflationary, supply chain, and logistical headwinds that increased the cost of product sold, the company generated positive earnings and maintained its debt balance while continuing dividend payouts.

Fresh Del Monte Produce Inc. reported a 5% increase in net sales for Q1 2022, driven by inflation-justified pricing actions. However, the company's gross profit decreased due to higher costs related to inflation and supply chain constraints, leading to a decline in operating income and net income compared to the prior-year period.

Fresh Del Monte Produce reported a 2% increase in net sales for Q4 2021, reaching $1,017.3 million. However, the company experienced a net loss of $(11.2) million, a decrease compared to the prior-year period's net income of $0.9 million. The increase in net sales was driven by the other products and services segment, as well as the fresh and value-added products segment. The company declared a quarterly cash dividend of $0.15 per share.

Fresh Del Monte Produce Inc. reported a slight increase in net sales for Q3 2021, reaching $1,004.8 million compared to $989.7 million in the prior-year period. However, the company experienced a decrease in gross profit, operating income, and net income due to inflationary pressures, strained transportation capacity, and labor shortages.

Fresh Del Monte Produce Inc. reported a 5% increase in net sales to $1,141.6 million and a significant rise in net income to $47.2 million for the second quarter of 2021, driven by strong performance in pineapple, fresh-cut fruit, and prepared food products, despite inflationary pressures.

Fresh Del Monte Produce reported mixed results for Q4 2020, with net sales slightly decreasing to $1,002.3 million compared to $1,025.2 million in Q4 2019. The company reported earnings per diluted share of $0.02, compared with a loss per diluted share of $0.54 in the fourth quarter of 2019. The company benefited from actions taken as part of their $100 million asset sale optimization program, progress on their five-year strategic initiatives, improved cash flow and reduced debt.

Fresh Del Monte Produce reported net sales of $989.7 million and net income of $17.4 million for the third quarter of 2020. The company announced a $100 million asset sales program and increased the quarterly cash dividend to $0.10 per share.

Fresh Del Monte Produce Inc. reported a decrease in net sales to $1,092.3 million compared to $1,239.4 million in the second quarter of 2019. Net income per diluted share was $0.38, and adjusted net income per diluted share was $0.54. The company reduced long-term debt by $51.8 million since the end of 2019.

Fresh Del Monte Produce Inc. reported a decrease in net sales and earnings per diluted share for the first quarter of 2020, impacted by the COVID-19 pandemic and a voluntary product recall. The company's global presence, diverse product portfolio, and efficient operations allowed it to adapt to the pandemic, but near-term demand in foodservice and higher-priced products remains challenging.

Fresh Del Monte Produce reported a decrease in net sales for Q4 2019, primarily due to lower sales in the fresh and value-added segment related to a product recall. The company experienced a net loss of $25.8 million, an improvement over the $34.0 million loss in Q4 2018. However, the company increased the dividend by 25% from $0.08 to $0.10 per share.