Del Monte Falls Short on Profits, Sales; Surprises with 33% Dividend Boost!
Fresh Del Monte Produce Inc. recently reported their first-quarter results for 2020, and both profit and sales fell below Wall Street estimates. The company experienced lower avocado prices and weaker than expected business in fresh and value-added products. However, there was strength in banana sales. Net income for Fresh Del Monte rose to $39.0 million […]