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Del Monte Corporation

Del Monte Corporation, through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, North Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services. The company offers pineapples, fresh-cut fruit, fresh-cut vegetables, and fresh-cut salads; melons, vegetables, and non-tropical fruit, such as grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis; other fruit and vegetables, and avocados; prepared food, including prepared fruit and vegetables, juices, other beverages, and meals and snacks. It also markets bananas; and provides third-party freight and logistics service business; poultry and meats business; and specialty ingredients business. The company offers its products under the Del Monte brand, as well as under other brands, such as UTC, Rosy, Just Juice, Fruitini, Pinkglow, Del Monte Zero, Honeyglow, Rubyglow, Honey Miniglow, Bananinis, Mann, Mann's Logo, Broccolini, Caulilini, and other regional brands. It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and foodservice operators. The company was formerly known as Fresh Del Monte Produce Inc. and changed its name to Del Monte Corporation in June 2026. Del Monte Corporation was founded in 1886 and is based in George Town, the Cayman Islands.

Price · split & dividend adjusted
News & notes moving DMC
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Del Monte Faces $40M-$45M Freight Cost Surge While Expanding Pineapple Line

Del Monte is confronting an estimated $40 million to $45 million in additional ocean freight costs, including fuel and war-related surcharges, driven by Middle East tensions, with the impact expected from the second quarter through at least mid-September 2026. The company is simultaneously advancing its global pineapple product development, emphasizing premium varieties like Pinkglow and Honeyglow to support pricing and margins. The stock has declined 21.0% year to date to $27.91, though it is up 20.4% over three years. Analysts have flagged thin profit margins of 1.6% and structural cost concerns, making the balance between cost management and product momentum a key focus for investors.
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Del Monte Corporation to Begin Trading as DMC on NYSE June 29

Del Monte Corporation will ring the New York Stock Exchange Opening Bell on June 29, 2026, marking its first day of trading under the new ticker symbol DMC. The company recently changed its corporate name from Fresh Del Monte Produce Inc. to Del Monte Corporation, reflecting its role as the global owner of the Del Monte brand. Shares will continue trading under the ticker FDP through the close of market on June 26. Chairman and CEO Mohammad Abu-Ghazaleh called the event a full-circle moment, noting he helped take the company public nearly 30 years ago. The company says the unified brand platform positions it for growth across fresh and shelf-stable food categories.
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Del Monte Corporation Marks International Pineapple Day as Global Production Surges 43 Percent

Del Monte Corporation is celebrating International Pineapple Day on June 27 amid a surge in the fruit's popularity. Global pineapple production has grown nearly 43 percent from around 21 million metric tons to nearly 30 million metric tons, driven by improved farming, trade infrastructure, and logistics. U.S. per capita consumption has risen to an average of 8.5 pineapples per year, up from just 0.7 pounds in the 1970s. The company, which invented the Del Monte Gold Extra Sweet pineapple in 1996, highlights innovations such as the pink-fleshed Pinkglow, ultra-sweet Honeyglow, and luxurious Rubyglow varieties, along with convenient refrigerated spears. Del Monte Corporation, formerly Fresh Del Monte Produce, changed its corporate name in June 2026 and will begin trading under the symbol DMC on June 29.
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Del Monte Corp Reports Q1 2026 Results, Closes Del Monte Foods Acquisition

Del Monte Corp reported first-quarter 2026 net sales of $1 billion, with gross margin rising to 8.5% and adjusted gross margin to 8.7%. The company closed the acquisition of Del Monte Foods late in the quarter, which contributed roughly one week of results and is expected to add $600 million to net sales and approximately $23 million to adjusted EBITDA for the full year. Adjusted EBITDA reached $58 million with a margin of 6%, while adjusted net income was $30 million and adjusted earnings per share came to $0.63. The acquisition increased long-term debt to $438 million from $173 million at year-end, and the company declared a quarterly cash dividend of $0.30 per share. Management cited cost pressures from the Middle East conflict, including higher energy, shipping, and commodity input costs, and expects full-year net sales growth of 13% to 15%.
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