logo
#

Latest news with #FreshDelMonteProduceInc.

Fresh Del Monte Appoints Senior Leader to Expand Deciduous and Citrus Categories
Fresh Del Monte Appoints Senior Leader to Expand Deciduous and Citrus Categories

Business Wire

time15-07-2025

  • Business
  • Business Wire

Fresh Del Monte Appoints Senior Leader to Expand Deciduous and Citrus Categories

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP), a global leader in fresh and fresh-cut fruit and vegetables, today announced the appointment of Miles Fraser-Jones as Vice President of Sales & Product Management, Deciduous & Citrus (International) to strengthen global category performance. Fraser-Jones will oversee North American sales and lead international sourcing and product management for the company's deciduous and citrus categories. He will report directly to Danny Dumas, Senior Vice President of Sales, Product Management, and Marketing for North America. With over 25 years of experience in global sourcing, procurement, and new business development, Fraser-Jones has held senior leadership positions at AMFresh, Tom Lange International, and Sierra Produce. He brings deep supplier relationships and category expertise that will support Fresh Del Monte's strategic priorities in key categories. 'Miles brings a combined wealth of experience, category insight, and leadership that will be instrumental as we strengthen our commercial strategy and expand our global sourcing capabilities,' said Danny Dumas. 'This appointment reflects our commitment to sourcing globally and building an expert team focused on innovation for Fresh Del Monte and our customers.' Strengthening leadership remains a priority for Fresh Del Monte as it drives growth and innovation across key categories, and Fraser-Jones' sourcing expertise positions the company to expand its presence in the deciduous and citrus markets. ABOUT FRESH DEL MONTE Fresh Del Monte Produce Inc. is one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared food in Europe, Africa, and the Middle East. Fresh Del Monte Produce Inc. markets its products worldwide under the DEL MONTE ® brand (under license from Del Monte Foods, Inc.), a symbol of product innovation, quality, freshness, and reliability for over 135 years. The company also markets its products under the MANN ® brand and other related trademarks. Fresh Del Monte Produce Inc. is not affiliated with certain other Del Monte companies around the world, including Del Monte Foods, Inc., the U.S. subsidiary of Del Monte Pacific Limited, Del Monte Canada, or Del Monte Asia Pte. Ltd. Fresh Del Monte Produce Inc. is the first global marketer of fruits and vegetables to commit to the 'Science Based Targets' initiative. In 2022, 2023, and 2024, Fresh Del Monte Produce was ranked as one of 'America's Most Trusted Companies' by Newsweek based on an independent survey rating companies on three different touchpoints, including customer trust, investor trust, and employee trust. The company was also named a Humankind 100 Company for two consecutive years by Humankind Investments, which recognizes companies that substantially impact areas such as access to food and clean water, healthcare, and digital services. Fresh Del Monte has also been awarded the SEAL Business Sustainability Awards Fresh Del Monte Produce Inc. is traded on the NYSE under the symbol FDP.

Fresh Del Monte Appoints Mark Gagnon to Lead Southern U.S. Sales Growth
Fresh Del Monte Appoints Mark Gagnon to Lead Southern U.S. Sales Growth

Business Wire

time09-07-2025

  • Business
  • Business Wire

Fresh Del Monte Appoints Mark Gagnon to Lead Southern U.S. Sales Growth

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP), a global leader in fresh and fresh-cut fruit and vegetables, today announced the appointment of Mark Gagnon as Vice President of Sales – South Region to accelerate growth across the Southern United States. Gagnon, who rejoined Fresh Del Monte effective June 2, 2025, will oversee commercial strategy and customer engagement across the region. He reports directly to Danny Dumas, Senior Vice President of Sales, Product Management, and Marketing for North America. With more than 30 years of senior-level experience in sales strategy, business development, and customer management, Gagnon has held leadership roles at Dole, Chiquita, Chobani, Kalera, and Seald Sweet. He previously served at Fresh Del Monte from 2014 to 2020. Throughout his career, he has built lasting partnerships with national and regional retailers and is widely recognized for driving category growth while leading high-performing sales teams. 'Mark's deep expertise in sales and strategic growth will be instrumental as we expand our footprint across the South region,' said Dumas. 'His return strengthens our leadership team and reinforces our commitment to delivering value for our customers and long-term growth for Fresh Del Monte.' Gagnon's appointment underscores Fresh Del Monte's focus on enhancing commercial operations and deepening customer partnerships across North America. His regional insight and proven track record position him to drive results and support the company's mission of delivering fresh, high-quality produce across the Southern U.S. ABOUT FRESH DEL MONTE Fresh Del Monte Produce Inc. is one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared food in Europe, Africa, and the Middle East. Fresh Del Monte Produce Inc. markets its products worldwide under the DEL MONTE ® brand (under license from Del Monte Foods, Inc.), a symbol of product innovation, quality, freshness, and reliability for over 135 years. The company also markets its products under the MANN ® brand and other related trademarks. Fresh Del Monte Produce Inc. is not affiliated with certain other Del Monte companies around the world, including Del Monte Foods, Inc., the U.S. subsidiary of Del Monte Pacific Limited, Del Monte Canada, or Del Monte Asia Pte. Ltd. Fresh Del Monte Produce Inc. is the first global marketer of fruits and vegetables to commit to the 'Science Based Targets' initiative. In 2022, 2023, and 2024, Fresh Del Monte Produce was ranked as one of 'America's Most Trusted Companies' by Newsweek based on an independent survey rating companies on three different touchpoints, including customer trust, investor trust, and employee trust. The company was also named a Humankind 100 Company for two consecutive years by Humankind Investments, which recognizes companies that substantially impact areas such as access to food and clean water, healthcare, and digital services. Fresh Del Monte has also been awarded the SEAL Business Sustainability Awards four times in the last five years (2021, 2023, 2024, and 2025). Fresh Del Monte Produce Inc. is traded on the NYSE under the symbol FDP.

Fresh Del Monte Produce Inc. to Report Second Quarter 2025 Financial Results
Fresh Del Monte Produce Inc. to Report Second Quarter 2025 Financial Results

Business Wire

time09-07-2025

  • Business
  • Business Wire

Fresh Del Monte Produce Inc. to Report Second Quarter 2025 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP) today announced that it will issue a press release on its second quarter 2025 financial results prior to market opening on Wednesday, July 30, 2025, and will host its quarterly conference call that day at 11:00 a.m. Eastern Time to discuss the Company's financial results. Hosting the call for the Company will be Mohammad Abu-Ghazaleh, Chairman and Chief Executive Officer, Monica Vicente, Senior Vice President and Chief Financial Officer, and Christine Cannella, Vice President Investor Relations. Institutional investors, analysts and other members of the financial community are invited to join the live call by dialing 1 (888) 330-2454 (Domestic/Toll Free) or 1 (240) 789-2714 (International) and entering Passcode: 1313437. The live audio webcast of the conference call will be accessible in the Events & Presentations section on the Investor Relations page of the Fresh Del Monte website at An archived replay of the webcast will be available shortly after the live event has been concluded. About Fresh Del Monte Produce Inc. Fresh Del Monte Produce Inc. is one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared food in Europe, Africa, and the Middle East. Fresh Del Monte Produce Inc. markets its products worldwide under the DEL MONTE ® brand (under license from Del Monte Foods Corporation II Inc.), a symbol of product innovation, quality, freshness, and reliability for over 135 years. The company also markets its products under the MANN ® brand and other related trademarks. Fresh Del Monte Produce Inc. is not affiliated with certain other Del Monte companies around the world, including Del Monte Foods, Inc., the U.S. subsidiary of Del Monte Pacific Limited, Del Monte Canada, or Del Monte Asia Pte. Ltd. Fresh Del Monte Produce Inc. is the first global marketer of fruits and vegetables to commit to the 'Science Based Targets' initiative. In 2022, 2023, and 2024 Fresh Del Monte Produce was ranked as one of "American's Most Trusted Companies" by Newsweek based on an independent survey rating companies on three different touchpoints, including customer trust, investor trust, and employee trust. The company was also named a Humankind 100 Company for two consecutive years by Humankind Investments, which recognizes companies that substantially impact areas such as access to food and clean water, healthcare, and digital services. Fresh Del Monte Produce Inc. is traded on the NYSE under the symbol FDP.

Fresh Del Monte Produce Inc. Clarifies It Is Not Affiliated with Del Monte Foods Inc.
Fresh Del Monte Produce Inc. Clarifies It Is Not Affiliated with Del Monte Foods Inc.

Business Wire

time03-07-2025

  • Business
  • Business Wire

Fresh Del Monte Produce Inc. Clarifies It Is Not Affiliated with Del Monte Foods Inc.

CORAL GABLES, Fla.--(BUSINESS WIRE)-- Fresh Del Monte Produce Inc. (NYSE: FDP) is a fully independent, publicly traded company with no financial or operational affiliation with Del Monte Foods Inc., a separate entity currently involved in litigation and bankruptcy proceedings. The two companies are entirely separate entities, with no shared ownership, governance, or operations. Del Monte Foods Inc. is a privately held U.S. company owned by a parent organization based in Singapore. Fresh Del Monte Produce Inc.'s financial or operational performance is not impacted by that separate, unaffiliated company's announced legal or financial proceedings. While both businesses share rights to the Del Monte® name through historical licensing arrangements, they operate under distinct ownership and serve different geographic markets. Fresh Del Monte continues to operate with full stability and focus. The company remains financially strong, strategically aligned, and committed to delivering long-term value. It will report second quarter 2025 results during its scheduled earnings call on Wednesday, July 30, 2025. Fresh Del Monte is a global leader in fresh and fresh-cut produce: Headquartered in Coral Gables, FL, with operations in over 90 countries. The global leader in pineapple innovation. Owner of the Del Monte® brand for prepared food products in Europe, Africa, and the Middle East. Del Monte Foods Inc. — a different company with no affiliation to Fresh Del Monte — holds the rights to the Del Monte® brand for prepared food products in the U.S. It does not have rights to fresh or fresh-cut fruit. Customers, suppliers, and partners can remain confident in the continuity of Fresh Del Monte's operations and its commitment to delivering high-quality, Del Monte®-branded products, services, and trusted support. For more information about the company's global operations and financial performance, please visit the Investor Relations page. Fresh Del Monte Produce Inc. is one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared food in Europe, Africa, and the Middle East. Fresh Del Monte Produce Inc. markets its products worldwide under the DEL MONTE ® brand (under license from Del Monte Foods, Inc.), a symbol of product innovation, quality, freshness, and reliability for over 135 years. The company also markets its products under the MANN ® brand and other related trademarks. Fresh Del Monte Produce Inc. is not affiliated with certain other Del Monte companies around the world, including Del Monte Foods, Inc., the U.S. subsidiary of Del Monte Pacific Limited, Del Monte Canada, or Del Monte Asia Pte. Ltd. Fresh Del Monte Produce Inc. is the first global marketer of fruits and vegetables to commit to the 'Science Based Targets' initiative. In 2022, 2023, and 2024, Fresh Del Monte Produce was ranked as one of 'America's Most Trusted Companies' by Newsweek based on an independent survey rating companies on three different touchpoints, including customer trust, investor trust, and employee trust. The company was also named a Humankind 100 Company for two consecutive years by Humankind Investments, which recognizes companies that substantially impact areas such as access to food and clean water, healthcare, and digital services. Fresh Del Monte has also been awarded the SEAL Business Sustainability Awards four times in the last five years (2021, 2023, 2024, and 2025). Fresh Del Monte Produce Inc. is traded on the NYSE under the symbol FDP.

3 Top Dividend Stocks Yielding Up To 6.1%
3 Top Dividend Stocks Yielding Up To 6.1%

Yahoo

time19-05-2025

  • Business
  • Yahoo

3 Top Dividend Stocks Yielding Up To 6.1%

The market has shown positive momentum recently, with a 2.9% increase over the last week and a 12% rise over the past year, while earnings are expected to grow by 14% annually. In this environment, identifying strong dividend stocks can be crucial as they offer potential income and stability amid market growth. Name Dividend Yield Dividend Rating Columbia Banking System (NasdaqGS:COLB) 5.76% ★★★★★★ First Interstate BancSystem (NasdaqGS:FIBK) 6.81% ★★★★★★ Dillard's (NYSE:DDS) 6.19% ★★★★★★ Ennis (NYSE:EBF) 5.13% ★★★★★★ Chevron (NYSE:CVX) 4.81% ★★★★★★ Credicorp (NYSE:BAP) 5.25% ★★★★★☆ Valley National Bancorp (NasdaqGS:VLY) 4.80% ★★★★★☆ Douglas Dynamics (NYSE:PLOW) 4.09% ★★★★★☆ Huntington Bancshares (NasdaqGS:HBAN) 3.83% ★★★★★☆ Carter's (NYSE:CRI) 8.63% ★★★★★☆ Click here to see the full list of 141 stocks from our Top US Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Fresh Del Monte Produce Inc., with a market cap of $1.60 billion, operates globally through its subsidiaries to produce, market, and distribute fresh and fresh-cut fruits and vegetables across various regions including North America, Central America, South America, Europe, the Middle East, Africa, Asia, and beyond. Operations: Fresh Del Monte Produce Inc.'s revenue is primarily derived from its Fresh and Value-Added Products segment, which accounts for $2.61 billion, followed by the Banana segment at $1.46 billion, and Other Products and Services contributing $197.20 million. Dividend Yield: 3.6% Fresh Del Monte Produce's dividend history shows volatility, with recent increases to US$0.30 per share, signaling growth despite past unreliability. The payout is sustainable with a low earnings and cash flow coverage ratio of 34.2% and 35.7%, respectively. However, its yield of 3.59% lags behind top-tier U.S. dividend stocks at 4.66%. Recent buybacks totaling US$7.61 million suggest confidence in value, with shares trading significantly below estimated fair value by over half (50%). Delve into the full analysis dividend report here for a deeper understanding of Fresh Del Monte Produce. Our valuation report here indicates Fresh Del Monte Produce may be undervalued. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sila Realty Trust, Inc., based in Tampa, Florida, is a net lease real estate investment trust specializing in the healthcare sector, with a market cap of approximately $1.44 billion. Operations: Sila Realty Trust generates its revenue primarily from commercial real estate investments in the healthcare sector, amounting to $184.47 million. Dividend Yield: 6.1% Sila Realty Trust's dividend yield of 6.14% ranks in the top 25% of U.S. dividend payers, though payments have been volatile over its four-year history. The dividends are covered by earnings and cash flows with payout ratios of 75.9% and 73.3%, respectively, indicating sustainability despite recent declines in net income to US$7.1 million for Q1 2025 from US$14.98 million a year ago, amid a strategic acquisition worth US$35.12 million enhancing growth prospects. Unlock comprehensive insights into our analysis of Sila Realty Trust stock in this dividend report. Upon reviewing our latest valuation report, Sila Realty Trust's share price might be too optimistic. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: VICI Properties Inc. is an S&P 500 experiential real estate investment trust specializing in gaming, hospitality, and entertainment destinations, with a market cap of approximately $33.92 billion. Operations: VICI Properties Inc. generates revenue primarily through its Real Property and Real Estate Lending Activities, totaling approximately $3.88 billion. Dividend Yield: 5.4% VICI Properties offers a compelling dividend profile, with its yield in the top 25% of U.S. payers and dividends covered by earnings and cash flows at payout ratios of 67.5% and 75.2%, respectively. However, the company has only a seven-year history of dividend payments. Recent earnings showed slight revenue growth to US$984.2 million but a decline in net income to US$543.61 million for Q1 2025, reflecting financial challenges amidst strategic debt refinancing efforts totaling $1.3 billion. Get an in-depth perspective on VICI Properties' performance by reading our dividend report here. In light of our recent valuation report, it seems possible that VICI Properties is trading behind its estimated value. Explore the 141 names from our Top US Dividend Stocks screener here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:FDP NYSE:SILA and NYSE:VICI. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store