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v3.25.2

Business Segment Data (Tables) | 6 Months Ended
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Jun. 27, 2025
Segment Reporting [Abstract] |
Disaggregation of Revenue |
| Quarter ended |
| June 27, 2025 |  | June 28, 2024 |
Segments: | Net Sales |  | Cost of products sold |  | Gross Profit |  | Net Sales |  | Cost of products sold |  | Gross Profit |
Fresh and value-added products | $ | 722.6 |  |  | $ | 637.7 |  |  | $ | 84.9 |  |  | $ | 694.1 |  |  | $ | 616.2 |  |  | $ | 77.9 |  |
Banana | 410.0 |  |  | 380.0 |  |  | 30.0 |  |  | 394.3 |  |  | 364.5 |  |  | 29.8 |  |
Other products and services | 49.9 |  |  | 44.7 |  |  | 5.2 |  |  | 51.3 |  |  | 45.8 |  |  | 5.5 |  |
Total | $ | 1,182.5 |  |  | $ | 1,062.4 |  |  | $ | 120.1 |  |  | $ | 1,139.7 |  |  | $ | 1,026.5 |  |  | $ | 113.2 |  |
| Six months ended |
| June 27, 2025 |  | June 28, 2024 |
Segments: | Net Sales |  | Cost of products sold |  | Gross Profit |  | Net Sales |  | Cost of products sold |  | Gross Profit |
Fresh and value-added products | $ | 1,405.7 |  |  | $ | 1,251.6 |  |  | $ | 154.1 |  |  | $ | 1,370.8 |  |  | $ | 1,236.9 |  |  | $ | 133.9 |  |
Banana | 773.7 |  |  | 726.9 |  |  | 46.8 |  |  | 773.8 |  |  | 722.3 |  |  | 51.5 |  |
Other products and services | 101.4 |  |  | 90.1 |  |  | 11.3 |  |  | 102.9 |  |  | 92.9 |  |  | 10.0 |  |
Totals | $ | 2,280.8 |  |  | $ | 2,068.6 |  |  | $ | 212.2 |  |  | $ | 2,247.5 |  |  | $ | 2,052.1 |  |  | $ | 195.4 |  |
Net sales by geographic region |
| Quarter ended |  | Six months ended
| June 27, 2025 |  | June 28, 2024 |  | June 27, 2025 |  | June 28, 2024
Net sales by geographic region: |  |  |  |  |  |  |
North America | $ | 684.8 |  |  | $ | 680.9 |  |  | $ | 1,331.6 |  |  | $ | 1,335.7 |
Europe | 252.6 |  |  | 225.9 |  |  | 474.4 |  |  | 435.2 |
Middle East | 109.2 |  |  | 93.6 |  |  | 215.6 |  |  | 192.9 |
Asia | 111.7 |  |  | 113.3 |  |  | 201.0 |  |  | 219.9 |
Other | 24.2 |  |  | 26.0 |  |  | 58.2 |  |  | 63.8 |
Total | $ | 1,182.5 |  |  | $ | 1,139.7 |  |  | $ | 2,280.8 |  |  | $ | 2,247.5 |
Net sales by product | The following table indicates our net sales by product (U.S. dollars in millions) and, in each case, the percentage of the total represented thereby:
| Quarter ended |  | Six months ended
| June 27, 2025 |  | June 28, 2024 |  | June 27, 2025 |  | June 28, 2024
Fresh and value-added products: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fresh-cut fruit | $ | 159.1 |  |  | 14 | % |  | $ | 144.6 |  |  | 13 | % |  | $ | 289.1 |  |  | 13 | % |  | $ | 264.4 |  |  | 12 | %
Fresh-cut vegetables | 73.1 |  |  | 6 | % |  | 85.0 |  |  | 7 | % |  | 141.3 |  |  | 6 | % |  | 166.4 |  |  | 7 | %
Pineapples | 190.4 |  |  | 16 | % |  | 169.0 |  |  | 15 | % |  | 352.4 |  |  | 15 | % |  | 332.6 |  |  | 15 | %
Avocados | 99.5 |  |  | 8 | % |  | 100.4 |  |  | 9 | % |  | 206.1 |  |  | 9 | % |  | 179.9 |  |  | 8 | %
Non-tropical fruit | 51.5 |  |  | 4 | % |  | 47.3 |  |  | 4 | % |  | 103.1 |  |  | 5 | % |  | 107.9 |  |  | 5 | %
Prepared foods | 72.7 |  |  | 6 | % |  | 66.9 |  |  | 6 | % |  | 143.6 |  |  | 6 | % |  | 136.4 |  |  | 6 | %
Melons | 33.0 |  |  | 3 | % |  | 28.1 |  |  | 2 | % |  | 87.8 |  |  | 4 | % |  | 81.3 |  |  | 4 | %
Vegetables | 21.1 |  |  | 2 | % |  | 28.0 |  |  | 2 | % |  | 36.8 |  |  | 2 | % |  | 53.5 |  |  | 2 | %
Other fruit and vegetables | 22.2 |  |  | 2 | % |  | 24.8 |  |  | 2 | % |  | 45.5 |  |  | 2 | % |  | 48.4 |  |  | 2 | %
Total fresh and value-added products | 722.6 |  |  | 61 | % |  | 694.1 |  |  | 60 | % |  | 1,405.7 |  |  | 62 | % |  | 1,370.8 |  |  | 61 | %
Banana | 410.0 |  |  | 35 | % |  | 394.3 |  |  | 35 | % |  | 773.7 |  |  | 34 | % |  | 773.8 |  |  | 34 | %
Other products and services | 49.9 |  |  | 4 | % |  | 51.3 |  |  | 5 | % |  | 101.4 |  |  | 4 | % |  | 102.9 |  |  | 5 | %
Total | $ | 1,182.5 |  |  | 100 | % |  | $ | 1,139.7 |  |  | 100 | % |  | $ | 2,280.8 |  |  | 100 | % |  | $ | 2,247.5 |  |  | 100 | %
Property, Plant and Equipment and Assets by Location | The following tables indicate our (i) property, plant, and equipment, net by location and (ii) total assets by location (U.S. dollars in millions):
| June 27, 2025 |  | December 27, 2024 |  |
Property, plant and equipment, net: |  |  |  |  |
North America | $ | 152.7 |  |  | $ | 155.3 |  |  |
Europe | 29.5 |  |  | 28.8 |  |  |
Middle East | 46.4 |  |  | 48.1 |  |
Africa | 35.8 |  |  | 32.9 |  |
Asia | 84.9 |  |  | 85.7 |  |
Central America | 614.9 |  |  | 616.8 |  |
South America | 45.8 |  |  | 47.3 |  |
Maritime equipment (including containers) | 166.4 |  |  | 172.6 |  |
Corporate | 4.3 |  |  | 4.1 |  |
Total property, plant and equipment, net | $ | 1,180.7 |  |  | $ | 1,191.6 |  |  |
| June 27, 2025 |  | December 27, 2024
Total assets: |  |  |
North America | $ | 666.7 |  |  | $ | 670.9 |
Europe | 368.9 |  |  | 345.1 |
Middle East | 221.1 |  |  | 226.8
Africa | 158.5 |  |  | 156.8
Asia | 237.5 |  |  | 236.4
Central America | 1,047.5 |  |  | 1,035.6 |
South America | 100.0 |  |  | 110.5
Maritime equipment (including containers) | 180.2 |  |  | 180.6
Corporate | 184.5 |  |  | 133.5
Total assets | $ | 3,164.9 |  |  | $ | 3,096.2 |

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