SEC Filings
Del Monte's Operating Cash Flow Falls To $53.1 Million As Inventory And Debt Climb
The company still paid $42.5 million in dividends and bought back stock over nine months while its revolver balance rose to $477.2 million.
Del Monte (DMC) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
The company still paid $42.5 million in dividends and bought back stock over nine months while its revolver balance rose to $477.2 million.
Earnings
The CFO raised the Del Monte Foods forecast on the earnings call, while an analyst pressed on prepared foods margins guided to 14% to 15%.
Earnings
The chairman says 2027 will be a turning point as the company cuts its 2026 banana gross margin outlook to 2% to 3%.
Earnings
Third-quarter sales rose 7.2% to $1.10 billion, but nine-month operating cash flow fell to $53.1 million and long-term debt climbed.