Del Monte Q3 swings to net profit of $18.3 million
Bitget2026/10/28 10:04- Del Monte swung to third-quarter FY26 net income attributable to shareholders of $18.3 million from a year-earlier loss.
- Net sales rose 7% year over year to $1.1 billion, reflecting the contribution of Prepared Foods.
- Prepared Foods delivered a 17.5% gross margin, the highest among reportable segments, following the Del Monte Foods acquisition.
- Operating cash flow for the first nine months of 2026 fell 77% year over year to $53.1 million.
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