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Earnings analysis · 10-Q

FDP earnings analysis

Filed May 5, 2026 · Our reading of the company's report

The latest report

Fresh Del Monte Produce Inc. reported Q1 2026 results with revenue of $1,044.1 million, slightly beating expectations of $1,030.9 million, and EPS of $0.63, surpassing the consensus estimate of $0.62. However, net sales…

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Fresh Del Monte Produce Inc. reported Q1 2026 results with revenue of $1,044.1 million, slightly beating expectations of $1,030.9 million, and EPS of $0.63, surpassing the consensus estimate of $0.62. However, net sales decreased compared to the prior year due to lower revenues in the fresh and value-added products segment, reflecting the divestiture of the Mann Packing business and industry oversupply, and the company faced increased operational costs and charges due to geopolitical disruptions.

Read the original on SEC.gov

Gross and operating margin

How much of each revenue dollar the business keeps.

10% Gross margin Operating margin May 2024 May 2026

One point per quarterly or annual filing. Both margins are shares of that report's revenue.

From revenue to operating profit

Where each $100 of revenue went in this report.

Of every $100 of revenue Cost of sales $91 Operating expenses $7 Left as operating profit $2

Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.

Where revenue came from

The business segments reported by the company.

Fresh and value-added products 52.6% Banana 34.2% Prepared foods 7.9% Other products and services 5.3%

Shares of the segments disclosed in this filing, largest first.

How we read each report

Our analysis across the last few reports.

Read as bullish Read as bearish May 2024 May 2026

Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.

Reported figures

Earnings per share
$0.63

What stood out

  • Revenue Exceeds Expectations

    Actual revenue was $1,044.1 million vs. estimated $1,030.9 million.

  • EPS Surpass Consensus

    Reported EPS for the quarter was $0.63, slightly above the estimate of $0.62.

  • Segment Insight

    Prepared foods segment revenue grew to $82.5 million, up from $70.9 million due to Del Monte Foods acquisition.

  • Increased Working Capital

    Working capital rose to $789 million from $611.5 million, mainly due to inventory and trade receivables growth.

  • Operating Cash Flow Decline

    Net cash provided by operations decreased to $44.1 million from $46.1 million year-over-year.

  • Free Cash Flow Positive

    Free cash flow stood at $36 million for the quarter.

What to watch

  • Geopolitical Risks

    Disruptions from Middle East conflicts led to $2.3 million in negative impacts from claims and charges.

  • Tariff and Trade Policy Uncertainty

    Ongoing changes in trade policies may adversely affect costs and market access.

  • Integration Costs from Acquisitions

    Asset impairment and other charges totaled $20 million in Q1, largely due to the recent acquisition of Del Monte Foods.

Management's outlook

No explicit numeric guidance provided; management discusses ongoing operational challenges.

Earlier filings 4

10-K · February 19, 2026

Fresh Del Monte (FDP) reported stable FY‑2025 revenue of approximately $4.32 billion with full‑year diluted EPS of about $1.87, driven by a Q4 beat (Q4 revenue $1.02B; EPS $0.70) and margin expansion in the quarter…

10-Q · October 29, 2025

Fresh Del Monte’s Q3 net sales were essentially flat at $1,021.9 million versus $1,019.5 million a year ago, but the quarter swung to a net loss of $29.1 million (diluted loss per share $0.61) driven by $55.5 million of…

10-Q · April 30, 2025

Fresh Del Monte reported quarter net sales of $1,098.4 million (down $9.5 million vs. prior-year quarter) with gross profit of $92.2 million and operating income of $44.9 million, driving diluted EPS of $0.64. Operating…

10-K · February 24, 2025

The 10-K emphasizes Fresh Del Monte’s scale and vertical integration: leading positions in pineapples (largest in the U.S.) and bananas (third-largest in the U.S.), broad fresh‑cut capabilities and a global logistics…

This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.