Fresh Del Monte Q2 revenue up 4%, beats expectations

Del Monte

30/07/2025 11:13

Overview

Fresh Del Monte fiscal Q2 rev grows 4% yr/yr, beating analyst expectations

Gross profit for fiscal Q2 rises 6%, driven by fresh and value-added products

Co maintains strong balance sheet with reduced long-term debt and robust cash flow

Outlook

Fresh Del Monte expects growth in pineapple and fresh-cut fruit demand

Result Drivers

PINEAPPLE AND FRESH-CUT FRUITS - Gains in gross profit driven by specialty pineapple varieties and fresh-cut fruit offerings

EXCHANGE RATES - Favorable fluctuations in exchange rates, particularly the Euro, Yen, and Pound, contributed to higher net sales

TARIFF ADJUSTMENTS - Tariff-related price adjustments in North America supported sales growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.18 bln
$1.16 bln (1 Analyst)
Q2 Net Income
$57.40 mln
Q2 Gross Profit
$120.10 mln


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 $39.00, about 7.5% above its July 29 closing price of $36.07

Press Release: ID:nBwbzCnfqa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)