Fresh Del Monte Q4 revenue rises

Overview

• Fruit and vegetable distributor's Q4 revenue rose yr/yr

• Adjusted EPS for Q4 beat analyst expectations

• Company completed divestiture of Mann Packing in Q4

Outlook

• Company remains focused on disciplined decision-making and thoughtful capital allocation in 2026

Result Drivers

• BANANA SEGMENT - Higher per-unit selling prices and tariff-related price adjustments in North America drove increased net sales in the banana segment

• FRESH AND VALUE-ADDED PRODUCTS - Lower per-unit selling prices in avocados and reduced sales volume in fresh-cut vegetables led to decreased net sales

• OPERATIONAL EFFICIENCIES - Gross margin expansion was driven by favorable product mix and operational efficiencies

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The one available analyst rating on the shares is "buy"

• The average consensus recommendation for the fishing & farming peer group is "buy"

• Wall Street's median 12-month price target for Fresh Del Monte Produce Inc is $46.00, about 14.1% above its February 17 closing price of $40.32

• The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw2c9dkwa

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