Fresh Del Monte reports Q4 profit of $20.4 million vs. prior-year loss
The 8-K filed by Fresh Del Monte Produce Inc. (NYSE: FDP), not Del Monte Corp as the request stated, reports fourth-quarter and full-year 2024 results and a new share repurchase program. Q4 net income attributable to the company was $20.4 million, compared with a $106.4 million loss a year earlier, which included a $133.8 million impairment charge; full-year net sales fell to $4,280.2 million from $4,320.7 million. The board raised the quarterly dividend to $0.30 per share and long-term debt fell to $244.1 million from $400.0 million.
Key points
- Q4 2024 net sales were $1,013.2 million vs. $1,008.6 million; diluted EPS was $0.42 vs. a loss of $2.22 a year earlier.
- Full-year 2024 net sales were $4,280.2 million vs. $4,320.7 million, while adjusted operating income was $158.6 million vs. $165.3 million.
- Long-term debt decreased to $244.1 million from $400.0 million; quarterly dividend increased to $0.30 per share, payable March 28, 2025.
- The company approved a share repurchase program; the filing does not state its size.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 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 February 24, 2025.
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.