FDP Q1 2023 Earnings — Fresh Del Monte Produce Inc. Revenue & Financial Results | Market Cap Arena

FDPFresh Del Monte Produce Inc.

$2B

Q1 2023 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$1.1B-0.6% YoY

Gross Profit

$95M8.4% margin

Operating Income

$47M4.2% margin

Net Income

$39M3.5% margin

EPS (Diluted)

$0.81

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.4B

Stockholders' Equity

$1.9B

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.1B	-0.6%
Gross Profit	$95M	$91M	+3.6%
Operating Income	$47M	$46M	+1.9%
Net Income	$39M	$26M	+51.2%

Revenue Segments

Fresh and Value-Added Products

$643M57%

Banana

$425M38%

Other Products and Services

$60M5%

Geographic Segments

North America

$667M61%

Europe

$217M20%

Asia

$112M10%

Middle East

$102M9%