Del Monte Corporation Reports Second Quarter Earnings for Fiscal 2026
Del Monte Corporation reported Q2 fiscal 2026 net sales of $1.22 billion, an increase from the prior year driven by the acquisition of Del Monte Foods, while net income attributable to the company fell to $21.2 million. Adjusted diluted EPS was $0.72, down from $1.41 in the prior year, as the company faced higher production costs, asset impairments of $14.8 million, and acquisition-related expenses.
Key figures
- Eps
- 0.44
- Net income
- $21.2 million
- Adjusted eps
- $0.72
- Gross margin
- 9.9%
- Gross profit
- $121.3 million
- Long term debt
- $414.6 million
- Adjusted ebitda
- $71.6 million
- Repurchase cost
- $16.0 million
- Operating income
- $33.5 million
- Dividend per share
- $0.30
- Shares repurchased
- 465213
- Adjusted net income
- $34.2 million
- Adjusted operating income
- $48.7 million
AI analysis
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