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Fresh Del Monte Produce Inc. - FDP STOCK NEWS

Welcome to our dedicated page for Fresh Del Monte Produce news (Ticker: FDP), a resource for investors and traders seeking the latest updates and insights on Fresh Del Monte Produce stock.

Fresh Del Monte Produce Inc. (symbol: FDP) is a globally recognized leader in the production, marketing, and distribution of high-quality fresh and fresh-cut fruits and vegetables. The company is also a key player in the production and distribution of prepared healthy snacks, primarily serving markets in Europe, Africa, and the Middle East. Operating under the esteemed Del Monte® brand, known for its commitment to innovation, quality, freshness, and reliability for over a century, Fresh Del Monte Produce Inc. has established a robust presence in more than 100 countries around the world.

The company operates through three main segments: Fresh and Value-Added Products, including pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, and avocados; the Banana Segment; and Other Products and Services, which includes third-party freight and logistics services, and the Jordanian poultry and meats business.

Fresh Del Monte Produce Inc. is dedicated to meeting the evolving needs of health-conscious consumers by providing a range of convenient, nutritious, and wholesome food products. The company's long-term vision is to become the leading global supplier of healthful, fresh, and prepared foods and beverages, catering to consumers of all ages.

Recent achievements include expansions in their product offerings and strategic partnerships aimed at enhancing their supply chain and distribution capabilities. Financially, Fresh Del Monte has shown resilience and adaptability, maintaining strong performance despite market fluctuations. The company's operations in North America, Europe, Asia, the Middle East, and other regions contribute significantly to its overall revenue, with North America being the largest market.

Through its commitment to quality and sustainability, Fresh Del Monte continues to uphold its reputation as a trusted brand, ensuring that consumers worldwide have access to fresh, nutritious, and delicious food.

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Fresh Del Monte Produce Inc. (NYSE: FDP) announced an extended partnership with the University of Granada to research the effectiveness of bioactive compounds in fruit residues for medical and non-medical uses. The collaboration aims to improve health and quality of life through the extraction of bioactive compounds from fruit residue for the treatment and prevention of prevalent diseases, dermo-cosmetics, and nutraceuticals. The partnership highlights the importance of sustainable practices and revalorization of food byproducts.

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Fresh Del Monte Produce Inc. (NYSE: FDP) is set to report its first quarter 2024 financial results on May 2, 2024. The company will host a conference call to discuss the results, featuring key executives. Investors and analysts can join the call or access the webcast on the company's Investor Relations page.
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Fresh Del Monte Produce Inc. (NYSE: FDP) ranked No. 8 in the Food & Beverage category for consumer, investor, and employee trust by Newsweek for the third consecutive year. The company focuses on high-quality, nutritious products and sustainability, winning awards for food safety and sustainability initiatives.
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Fresh Del Monte Produce Inc. reports increased gross profit margin, explores strategic alternatives for Mann Packing, and reduces long-term debt in fiscal year 2023. The company also raises quarterly dividend by 25% for the second consecutive year.
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Fresh Del Monte Produce Inc. (NYSE: FDP) will release its Q4 and full fiscal year 2023 financial results on February 26, 2024. The company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss the results.
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Fresh Del Monte Produce Inc. (NYSE: FDP) announces the launch of its latest pineapple innovation, the Rubyglow® pineapple, a red-shelled pineapple with a new, sweet flavor, targeting the Chinese market. The company aims to solidify its position as a global leader in pineapple innovation and cater to the luxury novelty items market in China. The Rubyglow® pineapple is a hybrid fruit produced through traditional crossbreeding techniques and has a registered plant patent in the United States. Fresh Del Monte has been leading pineapple innovation since the 1990s and continues to introduce new pineapple varieties to cater to consumers worldwide.
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Fresh Del Monte Produce Inc. (NYSE: FDP) to participate in the 2024 ICR Conference, with management holding meetings with institutional investors. Senior Vice President and CFO Monica Vicente, and Senior Manager of Investor Relations Bianca Hernandez will attend the conference.
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Fresh Del Monte Produce Inc. (NYSE: FDP) appoints Ajai Puri, a seasoned food and beverage industry veteran, to its board of directors, effective February 19, 2024. Dr. Puri brings extensive global R&D, innovation, supply chain development, and consumer marketing experience. He has held board member roles at several publicly-traded and privately-held companies in the food, beverage, and agricultural industries. Dr. Puri has over 20 years of executive experience at Minute Maid, part of The Coca-Cola Company, and holds a B.S., M.S., M.B.A., and Ph.D. in Food Science.
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Fresh Del Monte Produce Inc. (NYSE: FDP) has partnered with Arena Packaging to introduce Reusable Plastic Containers (RPCs) for bananas, aiming to reduce environmental impact, food waste, and operational costs while preserving fruit quality.
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Fresh Del Monte Produce Inc. (NYSE: FDP) has announced a share repurchase plan, allowing the company to repurchase up to 500,000 of its Ordinary Shares. The plan has no time deadline and will continue until modified or terminated by the Board of Directors. Repurchases may be made through open market purchases or privately negotiated transactions, depending on market conditions and other factors.
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FAQ

What is the current stock price of Fresh Del Monte Produce (FDP)?

The current stock price of Fresh Del Monte Produce (FDP) is $33.82 as of November 18, 2024.

What is the market cap of Fresh Del Monte Produce (FDP)?

The market cap of Fresh Del Monte Produce (FDP) is approximately 1.6B.

What does Fresh Del Monte Produce Inc. do?

Fresh Del Monte Produce Inc. produces, markets, and distributes high-quality fresh and fresh-cut fruits and vegetables, and prepared healthy snacks.

In which regions does Fresh Del Monte Produce Inc. operate?

The company operates in North America, Europe, Asia, the Middle East, and other regions, with North America being the largest market.

What are the main business segments of Fresh Del Monte Produce Inc.?

The main segments are Fresh and Value-Added Products, the Banana Segment, and Other Products and Services, including third-party logistics and Jordanian poultry and meats.

What brands does Fresh Del Monte Produce Inc. use?

The company markets its products under the Del Monte® brand, known for quality and reliability.

What is Fresh Del Monte Produce Inc.'s long-term vision?

The company's vision is to become the leading global supplier of healthful, fresh, and prepared foods and beverages.

How does Fresh Del Monte Produce Inc. meet consumer demand?

The company provides convenient, nutritious food products that cater to the health-conscious needs of consumers.

What recent achievements has Fresh Del Monte Produce Inc. made?

Recent achievements include product expansions and strategic partnerships to enhance supply chain and distribution.

How does Fresh Del Monte Produce Inc. ensure product quality?

The company is committed to quality and sustainability, ensuring fresh, nutritious, and delicious food for consumers worldwide.

What contributes most to Fresh Del Monte Produce Inc.'s revenue?

North America is the largest market, contributing significantly to the company's revenue.

What types of products are included in the Fresh and Value-Added Products segment?

This segment includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, and avocados.

Fresh Del Monte Produce Inc.

NYSE:FDP

FDP Rankings

FDP Stock Data

1.64B
47.94M
21.95%
67.85%
0.72%
Farm Products
Consumer Defensive
Link
United States of America
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