Fresh Del Monte Produce Inc

NYSE: FDP
$25.74
-$0.29 (-1.1%)
Closing price April 25, 2024
Fresh Del Monte Produce Inc is a global purveyor of fresh and fresh-cut fruits and vegetables, including a wide variety such as pineapples, melons, grapes, apples, and avocados, among others. With a history dating back to 1886, the company has grown to serve a diverse range of markets including North America, Europe, and Asia. Beyond produce, Fresh Del Monte also offers prepared foods, beverages, and even poultry and meat products. Their goods reach consumers through various channels like retail stores, club stores, and foodservice operators, under well-known brands including Del Monte and Mann's Logo.
While the insider selling slowed somewhat, top executives are still taking the chance to sell shares before the windows for trading start to close for earnings.
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Fresh Del-Monte (FDP) came out with some pretty strong earnings today. Income climbed to $63.6 million, or $1 per share, compared with $51.6 million, or 89 cents per share a year ago. Much of the...