$27.770
-1.177 (-4.24%)At close
DMC News
DMC Events
FY26 Adjusted EBITDA Outlook of $230M-$240M
Backs FY26 adjusted EBITDA view of $230M-$240M. Sees gross margins of 11%-12% for fresh, value-added products, and 14%-15% for prepared foods. Now expects full year inflationary pressures of approximately $55M-$65M with more than half impacting bananas. Comments taken from Q3 earnings conference call.
Del Monte Sees FY CapEx of $85M-$95M
Del Monte continues to see FY CapEx $85M-$95M
Del Monte Sees FY Inflation Impact of $55M-$65M
Del Monte sees FY inflation impact $55M-$65M
Del Monte Reports Q3 Adjusted Revenue of $1.01B
Reports Q3 adjusted revenue $1.01B vs. $959.5M last year. Mohammad Abu-Ghazaleh, Chairman and Chief Executive Officer, said, "Our third-quarter results provide clear evidence of the strategic and financial value of our expanded Del Monte portfolio. Just six months into the integration of Del Monte Foods, the Prepared Foods segment is already adding scale, attractive margins and greater balance to our earnings profile. This is supporting strong growth in sales, gross profit and operating income, as well as Adjusted EBITDA, particularly as our core Fresh business navigates volume, currency and cost pressures and an increasingly complex global operating environment shaped by weather volatility and geopolitical uncertainty. These early results reinforce our confidence in our strategy and, more importantly, in the long-term potential of the Del Monte we are building. Our focus remains on deepening commercial and operational collaboration, optimizing our fresh and agricultural operations, and leveraging the strength of our reunited brand to accelerate innovation across categories. We are approaching these opportunities with discipline and a clear ambition to build a more resilient, competitive and innovative Del Monte that delivers sustainable long-term shareholder value."
Del Monte to Showcase Six New Products at IFPA Global Produce & Floral Show in Florida
Del Monte, previously known as Fresh Del Monte Produce, will return to the IFPA Global Produce & Floral Show in Orlando, Fla., Oct. 15-16, with its first unified showcase of fresh and shelf-stable offerings since its acquisition of select Del Monte Foods assets. The company will debut six new products at the event: Del Monte Red & Green Chimichurri; Del Monte Acai Parfait; Del Monte Fruit Kabobs; Del Monte Watermelon Feta Salad; Del Monte Premium Snack Fruit Trio Tray; Del Monte Medjool Dates
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.






