Business Segment Data (Tables)

6 Months Ended

Jun. 28, 2024

Segment Reporting [Abstract]

Disaggregation of Revenue

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

 

	Quarter ended
	June 28, 2024				June 30, 2023
Segments:	Net Sales		Gross Profit		Net Sales		Gross Profit
Fresh and value-added products	$	694.1	$	77.9	$	677.6	$	62.1
Banana	394.3		29.8		448.8		50.5
Other products and services	51.3		5.5		54.1		4.2
Totals	$	1,139.7	$	113.2	$	1,180.5	$	116.8
	Six months ended
	June 28, 2024				June 30, 2023
Segments:	Net Sales		Gross Profit		Net Sales		Gross Profit
Fresh and value-added products	$	1,370.8	$	133.9	$	1,321.0	$	109.1
Banana	773.8		51.5		873.9		93.7
Other products and services	102.9		10.0		114.1		11.0
Totals	$	2,247.5	$	195.4	$	2,309.0	$	213.8

Net sales by geographic region

	Quarter ended				Six months ended
Net sales by geographic region:	June 28, 2024		June 30, 2023		June 28, 2024		June 30, 2023
North America	$	680.9	$	704.2	$	1,335.7	$	1,371.4
Europe	225.9		224.5		435.2		441.0
Asia	113.3		132.2		219.9		244.3
Middle East	93.6		100.6		192.9		202.4
Other	26.0		19.0		63.8		49.9
Totals	$	1,139.7	$	1,180.5	$	2,247.5	$	2,309.0

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 28, 2024				June 30, 2023				June 28, 2024				June 30, 2023
Fresh and value-added products:
Fresh-cut fruit	$	144.6	13	%	$	153.0	13	%	$	264.4	12	%	$	277.7	12	%
Fresh-cut vegetables	85.0		7	%	82.5		7	%	166.4		7	%	164.4		7	%
Pineapples	169.0		15	%	172.5		15	%	332.6		15	%	322.4		14	%
Avocados	100.4		9	%	74.7		6	%	179.9		8	%	139.4		6	%
Non-tropical fruit	47.3		4	%	41.4		3	%	107.9		5	%	102.7		4	%
Prepared foods	66.9		6	%	69.5		6	%	136.4		6	%	136.1		6	%
Melons	28.1		2	%	28.0		2	%	81.3		4	%	73.5		3	%
Tomatoes	3.4		—	%	5.3		—	%	7.0		—	%	10.7		—	%
Vegetables	28.0		2	%	32.0		3	%	53.5		2	%	58.5		3	%
Other fruit and vegetables	21.4		2	%	18.7		2	%	41.4		2	%	35.6		2	%
Total fresh and value-added products	694.1		60	%	677.6		57	%	1,370.8		61	%	1,321.0		57	%
Banana	394.3		35	%	448.8		38	%	773.8		34	%	873.9		38	%
Other products and services	51.3		5	%	54.1		5	%	102.9		5	%	114.1		5	%
Totals	$	1,139.7	100	%	$	1,180.5	100	%	$	2,247.5	100	%	$	2,309.0	100	%