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Stock impact report

Fresh Del Monte Produce Inc. Reports First Quarter Earnings for Fiscal 2024 [Yahoo! Finance]

Fresh Del Monte Produce, Inc. (FDP) 
Last fresh del monte produce, inc. earnings: 5/2 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Company Expanded Pineapple Program with Launch of Two New Pineapple Innovations, Rubyglow ® pineapple and Precious Honeyglow ® pineapple CORAL GABLES, Fla., May 02, 2024 BUSINESS WIRE )--Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the first quarter ended March 29, 2024. "We are pleased with the ongoing momentum in our higher-margin fresh and value-added segment. During the first quarter of 2024, this prioritized area of our business delivered 5% revenue growth driven by our strategic initiatives around distribution, pricing, and premiumization. While service level issues and competitive market pressures in North America and Europe reduced our banana revenue, we continued to generate very strong cash flow, which fuels our growth strategy tied to innovation around fresh-cut and pineapples," said Mohammad Abu-Ghazaleh, Fresh Del Monte's Chairman and CEO. "We further enhanced our pineapple program with the releas Show less Read more
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