The earnings call demonstrated strong financial performance with growth in key metrics and strategic market expansions, particularly in the pineapple and fresh-cut segments. However, the company faced significant challenges related to port disruptions and crop diseases impacting the banana segment. Despite these issues, the overall sentiment of the call is positive, driven by innovation and strategic growth initiatives.

Company Guidance

During Fresh Del Monte Produce's second quarter 2025 earnings call, the company reported strong financial performance with key metrics showing growth. Net sales increased by 4% to $1.183 billion compared to the prior year. Gross profit rose 6% to $120 million, and gross margin expanded to 10.2% from 9.9% year-over-year. The company achieved a net income of $57 million, up from $54 million, and adjusted EBITDA increased to $95 million from $89 million. Earnings per share improved to $1.18, with an adjusted EPS of $1.23 compared to $1.12 and $1.06, respectively, last year. Fresh Del Monte also highlighted the ongoing demand for their pineapple portfolio, with consumer spend on tropical fruit rising 58% since 2017. The company plans to expand its pineapple production in Costa Rica and other regions, anticipating continued strong market demand. Additionally, they are transitioning to container vessels in the Asia Pacific region to enhance operational efficiency. Despite challenges such as disruptions at the Port of Caldera in Costa Rica and a global banana shortage, the company remains confident in meeting its full-year 2025 objectives, expecting net sales growth of 2% year-over-year.

Growth in Key Financial Metrics

Net sales increased by 4% to $1.183 billion, driven by higher net sales in fresh and value-added products and banana segments. Gross profit rose 6% to $120 million and gross margin expanded to 10.2% from 9.9%.

Strong Performance in Fresh and Value-Added Products

Net sales for the fresh and value-added product segment increased by 4% to $723 million. The segment's gross margin improved to 11.7%, driven by higher per unit selling prices in pineapple and fresh-cut fruit product lines.

Pineapple Demand and Market Expansion

Consumer spend on tropical fruit rose 58% since 2017. Fresh Del Monte launched Pinkglow in the UAE and is expanding in Brazil, Africa, and the Philippines.

Positive Earnings and Operational Efficiency

Adjusted EBITDA for the second quarter was $95 million, up from $89 million in the prior year. The company reduced long-term debt by 29% compared to the prior year.

Innovation in Fresh-Cut Products

The introduction of fresh guacamole and expansion into new markets like the Middle East and the UK contributed to growth in the fresh-cut segment.

Fresh Del Monte Produce (FDP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FDP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.50 / -	0.77	―	―	―
Jul 30, 2025	2025 (Q2)	0.95 / 1.23	1.06	16.04% (+0.17)
Apr 30, 2025	2025 (Q1)	0.68 / 0.63	0.34	85.29% (+0.29)
Feb 24, 2025	2024 (Q4)	0.37 / 0.26	0.25	4.00% (+0.01)
Oct 31, 2024	2024 (Q3)	0.47 / 0.77	0.35	120.00% (+0.42)
Aug 01, 2024	2024 (Q2)	0.60 / 1.06	0.96	10.42% (+0.10)
May 02, 2024	2024 (Q1)	0.60 / 0.34	0.55	-38.18% (-0.21)
Feb 26, 2024	2023 (Q4)	0.30 / 0.25	0.45	-44.44% (-0.20)
Nov 01, 2023	2023 (Q3)	0.42 / 0.35	0.54	-35.19% (-0.19)
Aug 02, 2023	2023 (Q2)	0.59 / 0.96	0.43	123.26% (+0.53)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FDP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$35.78	$39.11	+9.31%
Apr 30, 2025	$34.17	$33.43	-2.17%
Feb 24, 2025	$30.06	$29.15	-3.03%
Oct 31, 2024	$28.11	$31.02	+10.35%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Fresh Del Monte Produce (FDP) report earnings?

Fresh Del Monte Produce (FDP) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Fresh Del Monte Produce (FDP) earnings time?

Fresh Del Monte Produce (FDP) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FDP EPS forecast?

FDP EPS forecast for the fiscal quarter 2025 (Q3) is 0.5.

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