• Reported GAAP EPS of $0.67 up 55.81% YoY • Reported revenue of $1.02B up 0.62% YoY
Bullish
Fresh Del Monte Produce Inc. achieved year-over-year net sales growth and expanded gross margins across all segments, driven by higher selling prices, operational efficiencies, and strong cash generation for capital deployment.
Bearish
Fresh Del Monte Produce Inc. faced reduced sales from strategic operational actions and divestitures, higher banana production costs, and significant asset impairment charges from low-productivity farms.