Del Monte guidance for fiscal 2026 adjusted EBITDA remains at $230 million to $240 million, the company said on October 28, 2026, as it outlined expectations for margins and inflationary costs.
Key Takeaways
- Del Monte expects $55 million to $65 million in inflationary costs in 2026, with a significant portion from bananas.
- Expected gross profit margins are higher for prepared foods than for fresh and value-added products.
Del Monte guidance and cost outlook
The reaffirmed adjusted EBITDA range is a full-year forecast, not a reported result. Del Monte also expects gross profit margins of approximately 11% to 12% for fresh and value-added products and 14% to 15% for prepared foods.
The company estimates inflationary costs of $55 million to $65 million for the year. Bananas are expected to account for a significant portion of those costs.
Third-quarter call
The outlook was discussed during Del Monte's third-quarter earnings call. In its October 14 earnings-call announcement, the company said it would release third-quarter results before markets opened on October 28 and hold a call later that morning.
Del Monte produces, markets and distributes fresh and packaged food products, including bananas, pineapples and canned vegetables.
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