Recent Updates — FDP
Del Monte Corporation reported third-quarter 2026 financial results with net sales increasing 7.2% to $1.10 billion and gross profit rising 27.0% to $102.6 million, reflecting a 150 basis point expansion in gross margin to 9.4%. Diluted earnings per share were $0.39, while adjusted diluted EPS reached $0.50. The company also declared a quarterly cash dividend of $0.30 per share, payable on December 4, 2026, to shareholders of record as of November 11, 2026. Del Monte operates in the global fresh produce and prepared foods industry.
Del Monte Corporation entered into the Third Amendment to its Second Amended and Restated Credit Agreement on July 15, 2026, increasing its aggregate Revolving Commitments and L/C Commitments from $750,000,000 to $0, and making administrative changes. Del Monte Corporation is a producer and distributor of fresh produce.