Del Monte Q3 net sales rise 7.2% to $1.10 billion; EPS $0.39 vs. prior-year loss
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.
Key points
- 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
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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