Fresh Del Monte Q4 revenue rises

Del Monte

18/02/2026 11:08

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

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$1.02 bln
$1.01 bln (1 Analyst)
Q4 Adjusted EPS
Beat
$0.70
$0.28 (1 Analyst)
Q4 Net Income
$32.30 mln
Q4 Gross Profit
$106 mln


*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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(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.)