Del Monte presents 2026 adjusted EBITDA outlook of $230 million-$240 million
DMC•Del Monte forecast 2026 adjusted EBITDA of $230 million-$240 million and net sales growth of 13%-15%. Third-quarter sales rose 7% to $1.1 billion, while gross profit increased 27% to $102.6 million.
1. Outlook and results
Del Monte forecast 2026 adjusted EBITDA of $230 million-$240 million, with net sales growth of 13%-15%. Its adjusted EBITDA outlook for Del Monte Foods rose to $42 million from $35 million, while projected sales increased to $648 million from $625 million. Third-quarter net sales increased 7% to $1.1 billion, driven by the Del Monte Foods acquisition. Gross profit rose 27% to $102.6 million, and gross margin reached 9.4%, compared with 7.9% a year earlier. Prepared Products gross profit climbed to $45.8 million from $4 million, while bananas recorded a $2.7 million gross loss.
