Fresh Del Monte Produce (FDP) Reports Q2 EPS of $0.14, Miss on Revenues

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Fresh Del Monte Produce Inc. Reports Second Quarter 2018 Financial Results

July 31, 2018 6:00 AM EDT

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP) today reported financial results for the second quarter ended June 29, 2018. The Company reported a loss per diluted share of $0.16 for the second quarter 2018, compared with earnings per diluted share of $1.36 in the second quarter of 2017. Comparable earnings per diluted share were $0.14 in the second quarter of 2018, compared with comparable earnings per diluted share of $1.40 in the second quarter of 2017.

"The quarter was highlighted by our recent acquisition of Mann Packing Company, and by strong sales growth, despite reductions in... More