FDP Q3 2023 Earnings — Fresh Del Monte Produce Inc. Revenue & Financial Results | Market Cap Arena

FDPFresh Del Monte Produce Inc.

$2B

Q3 2023 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$1.0B-3.9% YoY

Gross Profit

$74M7.3% margin

Operating Income

$25M2.5% margin

Net Income

$8M0.8% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-15.1%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$26M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$1.3B

Stockholders' Equity

$2.0B

Cash & Equivalents

$78M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$1.0B	-3.9%
Gross Profit	$74M	$78M	-5.5%
Operating Income	$25M	$31M	-18.1%
Net Income	$8M	$33M	-74.8%

Revenue Segments

Fresh and Value-Added Products

$574M57%

Banana

$385M38%

Other Products and Services

$44M4%

Geographic Segments

North America

$616M62%

Europe

$182M18%

Asia

$101M10%

Middle East

$87M9%