Fresh Del Monte Produce (FDP) Tops Q1 EPS by 73c

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Fresh Del Monte Produce Inc. Reports First Quarter 2016 Financial Results

May 3, 2016 8:04 AM EDT

Company Reports Higher Net Sales, Higher Gross Profit and Higher Net Income

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP) today reported financial results for the first quarter ended April 1, 2016. The Company reported earnings per diluted share of $1.57 for the first quarter of 2016, compared with earnings per diluted share of $0.80 in the first quarter of 2015. Comparable earnings per diluted share were $1.57 in the first quarter of 2016, compared with comparable earnings per diluted share of $0.83 in the first quarter of 2015.

"Our first quarter... More