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Stock impact report

Fresh Del Monte Produce Inc. Reports Second Quarter 2020 Financial Results

Fresh Del Monte Produce, Inc. (FDP) 
Last fresh del monte produce, inc. earnings: 5/2 06:00 am Check Earnings Report
Company Research Source: Business Wire
Despite COVID-19 Company reported net income per diluted share of $0.38 and adjusted net income per diluted share of $0.54Company reduced long-term debt by $51.8 million since the end of 2019, driven by strong operating cash flowCompany continues transformation of the fresh and value-added products segment CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the second quarter ended June 26, 2020. The Company reported net income per diluted share of $0.38 for the second quarter of 2020, compared with net income per diluted share of $0.78 in the second quarter of 2019. Adjusted net income per diluted share was $0.54 in the second quarter of 2020, compared with adjusted net income per diluted share of $0.72 in the second quarter of 2019.The Company's Board of Directors declared an interim cash dividend of five cents ($0.05) per share, payable on September 4, 2020 to shareholders of rec Show less Read more
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