Business Segment Data

6 Months Ended

Jun. 29, 2018

We are principally engaged in one major line of business, the production, distribution and marketing of bananas, other fresh produce and prepared food. Our products are sold in markets throughout the world with our major producing operations located in North, Central and South America, Europe, Asia and Africa.

Our operations are aggregated into business segments on the basis of our products: bananas, other fresh produce and prepared food. Other fresh produce includes pineapples, melons, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis), avocados, fresh-cut products, other fruit and vegetables, a third-party ocean freight business, a plastic product, and a box manufacturing business. Prepared food includes prepared fruit and vegetables, juices, beverages, snacks, poultry and meat products.

We evaluate performance based on several factors, of which net sales and gross profit by product are the primary financial measures (U.S. dollars in millions):



	Quarter ended
	June 29, 2018				June 30, 2017
Segments:	Net Sales		Gross Profit		Net Sales		Gross Profit
Other fresh produce	$	721.0	$	46.9	$	568.1	$	55.0
Banana	457.8		23.8		499.5		58.1
Prepared food	93.6		7.6		79.5		10.1
Totals	$	1,272.4	$	78.3	$	1,147.1	$	123.2

	Six months ended
	June 29, 2018				June 30, 2017
Segments:	Net Sales		Gross Profit		Net Sales		Gross Profit
Other fresh produce	$	1,295.0	$	93.6	$	1,074.3	$	103.4
Banana	910.9		75.9		944.6		93.1
Prepared food	172.6		15.3		160.6		25.8
Totals	$	2,378.5	$	184.8	$	2,179.5	$	222.3



	Quarter ended				Six months ended
Net Sales by geographic region:	June 29, 2018		June 30, 2017		June 29, 2018		June 30, 2017
North America	$	814.8	$	655.5	$	1,478.3	$	1,256.9
Europe	175.8		192.7		369.9		367.2
Middle East	126.0		147.8		241.9		270.7
Asia	135.8		138.5		248.4		251.7
Other	20.0		12.6		40.0		33.0
Totals	$	1,272.4	$	1,147.1	$	2,378.5	$	2,179.5

Our North America region included the following Mann Packing results:



	Quarter ended				Period from February 27, 2018 to June 29, 2018
	June 29, 2018
Segments:	Net Sales		Gross Profit		Net Sales		Gross Profit
Other fresh produce	$	132.4	$	10.7	$	178.7	$	14.3
Prepared foods	13.8		2.2		18.8		3.6
Totals	$	146.2	$	12.9	$	197.5	$	17.9

Refer to Note 5, “Acquisitions”, for further discussion on the Mann Packing acquisition.