Fresh Del Monte Produce (FDP) Misses Q3 EPS by 15c, Revenues Miss

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

October 30, 2018 6:00 AM EDT

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP) today reported financial results for the third quarter ended September28, 2018. The Company reported a loss per diluted share of $0.44 for the third quarter 2018, compared with earnings per diluted share of $0.23 in the third quarter of 2017. The Company reported an adjusted net loss per diluted share of $0.14 in the third quarter of 2018, compared with adjusted earnings per diluted share of $0.24 in the third quarter of 2017.

We delivered a 12% increase in net sales during the third quarter, led by a solid... More