Fresh Del Monte Produce Inc Stock News

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Fresh Del Monte stock price has declined precipitously since its peak in November 2016, yet shareholder equity has increased. The company's current stock price is trading at a 40% discount to book val

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FDP earnings call for the period ending March 31, 2022.

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), today announced that it will issue a press release on its first quarter 2022 financial results prior to the market openin

Fresh Del Monte Produce has been on a wild ride in recent months, with the market pushing shares down compared to the broader market.

FDP earnings call for the period ending December 31, 2021.

FDP earnings call for the period ending December 31, 2021.

Fresh Del Monte Produce Inc. (FDP) CEO Mohammad Abu Ghazaleh on Q4 2021 Results - Earnings Call Transcript

Fresh Del Monte Produce Inc. posted a wider-than-expected loss for the fourth quarter and sales that fell slightly short of estimates Wednesday. The Coral Gables, Fla-based distributor of fresh fruit and vegetables posted a net loss of $11.2 million, or 24 cents a share, for the quarter, after income of $900,000, or 2 cents a share, in the year-earlier period. Sales rose 2% to $1.017 billion from $1.002 billion a year ago. The FactSet consensus was for a loss of just 6 cents a share and sales of $1.032 billion. Chief Executive Mohammad Abu-Ghazaleh said the quarter was hurt by supply and labor headwinds and that the company raised prices toward the end of the year to combat inflationary pressures. By business segment, fresh and value-added products sales came to $598.7 million, driven by higher sales of melons and pineapples. Sales of bananas rose came to $370.9 million, while sales of other products and services came to $47.7 million. Shares were not yet active premarket but have gained 3.3% in the last 12 months, while the S&P 500 has gained 11%.

Fresh Del Monte Produce (NYSE:FDP) declares $0.15/share quarterly dividend, in line with previous.Forward yield 2.13%Payable April 1; for shareholders of record March 9; ex-div March 8.See

Fresh Del Monte Produce press release (FDP): Q4 Non-GAAP EPS of -$0.18 misses by $0.11.Revenue of $1.02B (+2.0% Y/Y) misses by $10M.CEO comment: "As we move forward, I am confident

Fresh Del Monte Produce Inc. FDP, -2.26% posted a wider-than-expected loss for the fourth quarter and sales that fell slightly short of estimates Wednesday. The Coral Gables, Fla-based distributor of