Oct 28, 6:02 AM ET
Del Monte reported third-quarter fiscal 2026 results for the quarter ended September 25, 2026, with net sales of $1.10 billion, up 7.2%, and net income attributable to the company of $18.3 million, or $0.39 per diluted share, compared with a loss of $29.1 million, or $0.61 per share, a year earlier. Gross profit rose 27.0% and gross margin expanded 150 basis points, though the company cited foreign currency, weather and cost pressures in its fresh operations, and it declared a quarterly dividend of $0.30 per share.
- Net sales of $1,095.3 million, up 7.2% from $1,021.9 million; gross profit of $102.6 million, up 27.0%
- Operating income of $29.1 million versus an operating loss of $21.8 million in the prior-year quarter
- Adjusted EBITDA of $60.9 million, up 5.0% from $58.0 million; Prepared Foods, which includes Del Monte Foods, reported net sales of $261.2 million
- Quarterly dividend of $0.30 per share payable December 4, 2026, to holders of record as of November 11, 2026; long-term debt was $482.5 million at September 25, 2026
Read the filing on SEC.gov ↗
Jul 29, 6:03 AM ET
Del Monte Corporation, formerly Fresh Del Monte Produce, reported second-quarter 2026 net sales of $1,219.1 million, up from $1,182.5 million a year earlier, driven mainly by the March 2026 acquisition of Del Monte Foods. Net income attributable to the company fell to $21.2 million from $56.8 million, and diluted earnings per share dropped to $0.44 from $1.18, which weighs on shareholders even as sales grew.
- Net sales for the quarter ended June 26, 2026 were $1,219.1 million, compared with $1,182.5 million a year earlier.
- Operating income fell to $33.5 million from $68.3 million, mainly due to higher asset impairment and other charges and higher selling, general and administrative expenses.
- Adjusted diluted EPS was $0.72 versus $1.41 a year earlier, and the board declared a quarterly dividend of $0.30 per share payable September 4, 2026.
Read the filing on SEC.gov ↗
Jul 21, 4:25 PM ET
Del Monte Corporation and certain subsidiaries signed Amendment No. 3 to their credit agreement on July 15, 2026, with lenders including Bank of America as administrative agent. The amendment increases both the revolving commitments and the letter of credit commitments from $750 million to $900 million each, and removes a 10 basis point SOFR adjustment, with all other material terms unchanged.
- Revolving Commitments increase from $750 million to $900 million
- L/C Commitments increase from $750 million to $900 million
- Term SOFR definition amended to remove the 10 basis point adjustment to SOFR
- Bank of America, N.A. serves as administrative agent; certain subsidiaries guarantee the obligations
Read the filing on SEC.gov ↗
May 5, 6:01 AM ET
Fresh Del Monte Produce Inc. reported first-quarter 2026 results for the quarter ended March 27, 2026, with net sales down 4.9% to $1.04 billion and GAAP diluted EPS of $0.21, versus $0.64 a year earlier. The company also reported adjusted diluted EPS of $0.63 against $0.81, and cited a $20.0 million asset impairment and other charges line; the filing gives no revised full-year outlook. The quarter includes early results from the Del Monte Foods acquisition, which closed March 19, 2026.
- GAAP diluted EPS was $0.21 versus $0.64 in the prior-year quarter; adjusted diluted EPS was $0.63 versus $0.81.
- Net sales were $1,044.1 million versus $1,098.4 million, a decline of 4.9%, partly offset by the Del Monte Foods acquisition.
- Operating income was $20.1 million versus $44.9 million, mainly due to $20.0 million in asset impairment and other charges, net.
- Long-term debt rose to $438.0 million from $173.0 million at fiscal year-end 2025, tied to the Del Monte Foods acquisition.
Read the filing on SEC.gov ↗
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