FDP Q2 2023 Earnings — Fresh Del Monte Produce Inc. Revenue & Financial Results | Market Cap Arena

FDPFresh Del Monte Produce Inc.

$2B

Q2 2023 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$1.2B-2.0% YoY

Gross Profit

$117M9.9% margin

Operating Income

$70M5.9% margin

Net Income

$48M4.0% margin

EPS (Diluted)

$0.99

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$117M

Free Cash Flow

$108M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.3B

Stockholders' Equity

$2.0B

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.2B	-2.0%
Gross Profit	$117M	$72M	+61.9%
Operating Income	$70M	$25M	+182.6%
Net Income	$48M	$21M	+125.0%

Revenue Segments

Fresh and Value-Added Products

$678M57%

Banana

$449M38%

Other Products and Services

$54M5%

Geographic Segments

North America

$704M61%

Europe

$225M19%

Asia

$132M11%

Middle East

$101M9%