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Business Segment Data
 6 Months Ended
Jun. 27, 2025
Segment Reporting [Abstract]  
Business Segment Data Business Segment Data
 
Our business is comprised of three reportable segments, two of which represent our primary businesses of fresh and value-added products and banana, and one that represents our other ancillary businesses.

•Fresh and value-added products - includes pineapples, fresh-cut fruit, fresh-cut vegetables (which includes fresh-cut salads), melons, vegetables, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis), other fruit and vegetables, avocados, and prepared foods (including prepared fruit and vegetables, juices, other beverages, and meals and snacks).

•Banana

•Other products and services - includes our third-party freight and logistic services business, our Jordanian poultry and meats business and our biomass initiatives.

Our Chief Operating Decision Maker ("CODM") is our Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer ("the CODM Group"). The CODM Group uses segment gross profit, calculated as net sales less cost of products sold, as the primary measure in assessing segment performance and determining allocation of resources, with these determinations generally made as part of our annual budgeting process. Reviews of segment performance by the CODM Group occur regularly throughout the year, including monthly review of budget-to-actual results, which can result in allocation changes if deemed appropriate. The following table provides information by reportable segment, including net sales, cost of products sold and gross profit (U.S. dollars in millions):

 
 Quarter ended
 June 27, 2025June 28, 2024
Segments:Net SalesCost of products soldGross ProfitNet SalesCost of products soldGross Profit
Fresh and value-added products$722.6 $637.7 $84.9 $694.1 $616.2 $77.9 
Banana410.0 380.0 30.0 394.3 364.5 29.8 
Other products and services49.9 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, 2025June 28, 2024
Segments:Net SalesCost of products soldGross ProfitNet SalesCost of products soldGross Profit
Fresh and value-added products$1,405.7 $1,251.6 $154.1 $1,370.8 $1,236.9 $133.9 
Banana773.7 726.9 46.8 773.8 722.3 51.5 
Other products and services101.4 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 
The following table indicates our net sales by geographic region (U.S. dollars in millions):

Quarter endedSix 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 
Europe252.6 225.9 474.4 435.2 
Middle East109.2 93.6 215.6 192.9 
Asia111.7 113.3 201.0 219.9 
Other24.2 26.0 58.2 63.8 
Total$1,182.5 $1,139.7 $2,280.8 $2,247.5 

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 endedSix 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 vegetables73.1 6 %85.0 7 %141.3 6 %166.4 7 %
Pineapples190.4 16 %169.0 15 %352.4 15 %332.6 15 %
Avocados99.5 8 %100.4 9 %206.1 9 %179.9 8 %
Non-tropical fruit51.5 4 %47.3 4 %103.1 5 %107.9 5 %
Prepared foods72.7 6 %66.9 6 %143.6 6 %136.4 6 %
Melons33.0 3 %28.1 2 %87.8 4 %81.3 4 %
Vegetables21.1 2 %28.0 2 %36.8 2 %53.5 2 %
Other fruit and vegetables22.2 2 %24.8 2 %45.5 2 %48.4 2 %
Total fresh and value-added products722.6 61 %694.1 60 %1,405.7 62 %1,370.8 61 %
Banana410.0 35 %394.3 35 %773.7 34 %773.8 34 %
Other products and services49.9 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 %
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 
Europe29.5 28.8 
Middle East46.4 48.1
Africa35.8 32.9
Asia84.9 85.7
Central America614.9 616.8
South America45.8 47.3
Maritime equipment (including containers)166.4 172.6
Corporate4.3 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 
Europe368.9 345.1 
Middle East221.1 226.8
Africa158.5 156.8
Asia237.5 236.4
Central America1,047.5 1,035.6 
South America100.0 110.5
Maritime equipment (including containers)180.2 180.6
Corporate184.5 133.5
Total assets$3,164.9 $3,096.2 

Management reviews assets on the basis of geographic region and not by reportable segment, which more closely aligns our capital investment with demand for our products. Costa Rica is our most significant sourcing location and represented approximately 38% of our property, plant and equipment as of June 27, 2025. Excluding the U.S., no other country other than Costa Rica accounted for greater than 10% of our property, plant and equipment as of June 27, 2025 and December 27, 2024.

Total assets by geographic area represent those assets used in the operations of each geographic area.