Fresh Del Monte Produce Inc. Reports Second Quarter 2016 Financial Results

Gross profit for the second quarter of 2016 was $145.4 million, compared with $114.0 million in the second quarter of 2015. The $31.4 million increase in gross profit...

August 2, 2016

1 minute read

Gross profit for the second quarter of 2016 was $145.4 million, compared with $114.0 million in the second quarter of 2015. The $31.4 million increase in gross profit was attributable to higher gross profit in all of the Company’s business segments, principally due to higher selling prices in the Company’s other fresh produce and banana business segments, along with lower transportation and banana production and procurement costs.

To access this information directly from the company, click here.

nn-cta-image (1)

News you need.

Join Blue Book today!

Get access to all the news and analysis you need to make the right decision --- delivered to your inbox.

Subscribe

MEMBERSHIP BENEFITS

It’s not what you know,
it’s who you know.
Luckily, you know us

Got a tip for us?
Here is how to submit

What to read next

advertising

Earthbound Farm launches ‘From Earth to You’ campaign

Earthbound Farm introduces a new multi-million dollar advertising campaign designed to help grow the organic salad category.

Stemilt spotlights Granny Smith apples for summer sales

apples

Stemilt spotlights Granny Smith apples for summer sales

With supplies tightening on key apple varieties like Honeycrisp and organics, Stemilt Growers highlights Granny Smith.

Eagle Eye Produce acquires Baker & Murakami Produce

Eagle Eye Produce

Eagle Eye Produce acquires Baker & Murakami Produce

Eagle Eye Produce acquires onion packing facilities previously operated by Baker & Murakami Produce Company in Ontario, Oregon.

USDA restricts seven PACA violators – April 28, 2025

paca

USDA restricts seven PACA violators – April 28, 2025

USDA has imposed sanctions on seven produce businesses for failing to meet contractual obligations to the sellers of produce under PACA.

Industry expert launches Fresh Endeavors Consulting

consulting

Industry expert launches Fresh Endeavors Consulting

Fresh Endeavors Consulting, founded by industry veteran Garland Perkins, is proud to announce its official launch.

USDA highlights border security, Mexico negotiations in first 100 days of Trump administration

immigration

USDA highlights border security, Mexico negotiations in first 100 days of Trump administration

USDA Secretary Rollins says she has been at the negotiating table tirelessly advocating for American agriculture.