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AI brief of an SEC Form 8-K · Del Monte (DMC)

Fresh Del Monte Q2 net sales fell to $1,139.7 million; diluted EPS rose to $1.12

Mixed Impact 3 of 5 earnings Written later

The 8-K attaches a press release from Fresh Del Monte Produce Inc. (NYSE: FDP), not the DEL MONTE CORP (DMC) named in the request, reporting second-quarter 2024 results for the quarter ended June 28, 2024. Net sales and operating income declined from the prior-year quarter, while net income attributable to the company and diluted earnings per share rose, driven by other income and lower income taxes. The filing gives no new full-year guidance figures, and the board declared a $0.25 quarterly dividend.

Key points

  • Net sales were $1,139.7 million versus $1,180.5 million a year earlier, mainly due to lower banana net sales.
  • Operating income was $68.2 million versus $72.1 million; diluted EPS was $1.12 versus $0.99.
  • Fresh and value-added products gross margin was 11.2% versus 9.2%, while banana gross margin was 7.6% versus 11.3%.
  • Long-term debt was $285.0 million versus $400.5 million a year earlier; the $0.25 dividend is payable September 6, 2024.

The filing

CompanyDel Monte (DMC)
Form8-K, current report
Filed with the SECAug 1, 2024, 4:08 PM ET
Accession number0001047340-24-000200

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.