Business Segment Data (Tables)

9 Months Ended

Sep. 27, 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
	September 27, 2024				September 29, 2023
Segments:	Net Sales		Gross Profit		Net Sales		Gross Profit
Fresh and value-added products	$	623.7	$	63.3	$	574.0	$	36.2
Banana	345.3		21.3		384.7		31.9
Other products and services	50.5		9.2		44.4		6.3
Totals	$	1,019.5	$	93.8	$	1,003.1	$	74.4
	Nine months ended
	September 27, 2024				September 29, 2023
Segments:	Net Sales		Gross Profit		Net Sales		Gross Profit
Fresh and value-added products	$	1,994.6	$	197.2	$	1,895.0	$	145.3
Banana	1,119.1		72.8		1,258.6		125.7
Other products and services	153.3		19.2		158.5		17.2
Totals	$	3,267.0	$	289.2	$	3,312.1	$	288.2

Net sales by geographic region

	Quarter ended				Nine months ended
Net sales by geographic region:	September 27, 2024		September 29, 2023		September 27, 2024		September 29, 2023
North America	$	614.6	$	615.7	$	1,950.3	$	1,987.1
Europe	192.8		181.8		627.9		622.9
Asia	95.3		101.2		315.3		345.5
Middle East	96.5		87.4		289.4		289.7
Other	20.3		17.0		84.1		66.9
Totals	$	1,019.5	$	1,003.1	$	3,267.0	$	3,312.1

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								Nine months ended
	September 27, 2024				September 29, 2023				September 27, 2024				September 29, 2023
Fresh and value-added products:
Fresh-cut fruit	$	146.3	14	%	$	141.4	14	%	$	410.7	13	%	$	419.0	13	%
Fresh-cut vegetables	86.8		9	%	83.7		8	%	253.1		8	%	248.1		7	%
Pineapples	155.7		15	%	137.5		14	%	488.4		15	%	459.9		14	%
Avocados	95.6		9	%	73.4		7	%	275.5		8	%	212.8		6	%
Non-tropical fruit	19.5		2	%	23.4		2	%	127.4		4	%	126.1		4	%
Prepared foods	66.8		7	%	61.6		6	%	203.2		6	%	197.7		6	%
Melons	5.1		1	%	4.2		—	%	86.4		3	%	77.8		2	%
Tomatoes	2.2		—	%	4.3		1	%	9.2		—	%	15.0		—	%
Vegetables	21.8		2	%	29.4		3	%	75.4		2	%	87.9		3	%
Other fruit and vegetables	23.9		2	%	15.1		2	%	65.3		2	%	50.7		2	%
Total fresh and value-added products	623.7		61	%	574.0		57	%	1,994.6		61	%	1,895.0		57	%
Banana	345.3		34	%	384.7		38	%	1,119.1		34	%	1,258.6		38	%
Other products and services	50.5		5	%	44.4		5	%	153.3		5	%	158.5		5	%
Totals	$	1,019.5	100	%	$	1,003.1	100	%	$	3,267.0	100	%	$	3,312.1	100	%