FDP earnings analysis
What we found in FDP's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
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.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- 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.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- 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.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.63
- Gross margin
- 8.5%
- Operating margin
- 1.9%
- Segment
- Fresh and value-added products: $549.0M
- Segment
- Banana: $357.1M
- Segment
- Prepared foods: $82.5M
- Segment
- Other products and services: $55.5M
What they said about what is next.
No explicit numeric guidance provided; management discusses ongoing operational challenges.
The filing reads about the same as the one before it.
What came before.
- 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. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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