Fresh Del Monte Q1 profit rises as net sales dip to $1.1 billion
Fresh Del Monte Produce Inc. reported first-quarter 2025 results for the quarter ended March 28, 2025. Net sales fell to $1,098.4 million from $1,107.9 million, but net income attributable to the company rose to $31.1 million from $26.1 million, and diluted EPS was $0.64 versus $0.55. The filing does not include updated full-year guidance, and the company declared a $0.30 quarterly dividend.
Key points
- Net sales were $1,098.4 million versus $1,107.9 million a year earlier, driven by lower banana segment sales.
- Gross profit rose 12% to $92.2 million; gross margin was 8.4% versus 7.4%.
- Diluted EPS was $0.64 versus $0.55; adjusted diluted EPS was $0.63 versus $0.34.
- The board declared a $0.30 quarterly dividend payable June 6, 2025, to holders of record on May 14, 2025.
The filing
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 April 30, 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.