Fresh Del Monte reports Q1 EPS 64c vs. 55c last year

Reports Q1 revenue $1.1B vs. $1.11B last year. “We kicked off 2025 with continued momentum, building on the progress we made last year. In the first quarter, demand once again exceeded supply in our fresh and value-added products segment, highlighting the strength of our position in this key segment,” said Fresh Del Monte (FDP) Chairman and CEO Mohammad Abu-Ghazaleh. “Our year-over-year improvement in gross profit-up 12%-and continued expansion in gross margin, up to 8.4% versus 7.4%-reflects the success of our fresh and value-added products strategy, supported by disciplined execution, optimized product mix, and ongoing operational efficiencies. As we look ahead, we remain committed to creating long-term value through innovation, sustainability, and operational excellence across our global business.”