FDP Q2 2024 Earnings — Fresh Del Monte Produce Inc. Revenue & Financial Results | Market Cap Arena

FDPFresh Del Monte Produce Inc.

$2B

Q2 2024 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$1.1B-3.5% YoY

Gross Profit

$112M9.8% margin

Operating Income

$62M5.4% margin

Net Income

$54M4.7% margin

EPS (Diluted)

$1.12

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$125M

Free Cash Flow

$117M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.1B

Stockholders' Equity

$2.0B

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.2B	-3.5%
Gross Profit	$112M	$117M	-4.1%
Operating Income	$62M	$70M	-11.3%
Net Income	$54M	$48M	+12.4%

Revenue Segments

Fresh and Value-Added Products

$694M61%

Banana

$394M35%

Other Products and Services

$51M5%

Geographic Segments

North America

$681M61%

Europe

$226M20%

Asia

$113M10%

Middle East

$94M8%