Fresh Del Monte Produce (FDP) Tops Q1 EPS by 52c, Revenues Miss

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Fresh Del Monte Produce Inc. Reports First Quarter 2021 Financial Results

May 5, 2021 5:45 AM EDT

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the first quarter ended April 2, 2021.

Financial highlights for the first quarter of 2021:

Gross profit was $105.0 million for the first quarter of 2021, which represents an increase of 53%, compared with the prior year period, and gross profit margin increased to 10% in the first quarter of 2021, compared with 6% in the prior year period; FDP net income(1) for the first quarter of 2021 was $42.7 million,... More