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Freeze Guacamole Market report by Decisive Markets Insights consists of data and information on various market aspects like the production rate, growth rate, value chain analysis, price analysis, gross margin, production volume, downstream characteristics, consumption rate, export and import by regions, etc. Also, pointers like labor costs, manufacturing expenses, raw material expenses, price trends, market concentration rate are well mentioned and reviewed to measure the cost analysis of the current market. The demand for this market is rising currently and is expected to rise even higher in the next upcoming years. The business strategies and the innovative techniques, applied by the key leading players of the industry are also well studied by the research analysts and the industry experts. After doing so, they have given their invaluable information and data which are finally published in the report.
Fresh Del Monte Produce welcomes new Board of Directors
Fresh Del Monte Produce Inc., one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, is pleased to announce the election of two additional members to its Board of Directors, Lori Tauber Marcus and Kristin Colber-Baker.
As a company committed to promoting diversity and inclusion at all levels of its organization, Lori and Kristin join fellow independent board member, Mary Ann Cloyd, an Independent Director serving as chair of the Audit Committee and member of the Governance Committee. With the new additions, women now make up 38% of the Fresh Del Monte Produce Board of Directors, holding 3 of the 8 board seats. In comparison, women hold approximately 23% of company board seats on the Russell 3000 Index, according to a 2020 Harvard Women on Boards Gender Diversity Index.
Fresh Del Monte gross profit up 53 percent
Fresh Del Monte Produce Inc. today reported financial results for the first quarter ended April 2, 2021.
Financial highlights for the first quarter of 2021:
Gross profit was $105.0 million for the first quarter of 2021, which represents an increase of 53%, compared with the prior year period, and gross profit margin increased to 10% in the first quarter of 2021, compared with 6% in the prior year period;
FDP net income(1) for the first quarter of 2021 was $42.7 million, compared with $13.0 million in the prior year period, and Diluted EPS(2) was $0.90 for the first quarter of 2021, compared with $0.27 in the prior year period;
Del Monte: Q1 Earnings Snapshot
May 5, 2021 GMT
CORAL GABLES, Fla. (AP) Fresh Del Monte Produce Inc. (FDP) on Wednesday reported first-quarter net income of $42.7 million.
On a per-share basis, the Coral Gables, Florida-based company said it had net income of 90 cents. Earnings, adjusted for non-recurring gains, came to 88 cents per share.
The food producer posted revenue of $1.09 billion in the period.
Del Monte shares have risen 20% since the beginning of the year. The stock has increased 14% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDP at https://www.zacks.com/ap/FDP
Press release content from Business Wire. The AP news staff was not involved in its creation.
Fresh Del Monte Produce Inc. Reports First Quarter 2021 Financial Results
May 5, 2021 GMT
CORAL GABLES, Fla. (BUSINESS WIRE) May 5, 2021
Fresh Del Monte Produce Inc. (NYSE: FDP), (“Fresh Del Monte” or the “Company”) today reported financial results for the first quarter ended April 2, 2021.
Financial highlights for the first quarter of 2021:
Gross profit was $105.0 million for the first quarter of 2021, which represents an increase of 53%, compared with the prior year period, and gross profit margin increased to 10% in the first quarter of 2021, compared with 6% in the prior year period;