Del Monte Corporation Sets Adjusted EBITDA Target for 2026
Del Monte Corporation (NYSE: DMC) has set an adjusted EBITDA target of $230 million to $240 million by the end of 2026. The company also raised its outlook for Del Monte Foods, projecting net sales of up to $625 million. During a Q2 2026 earnings call, Chairman and CEO Mohammad Abu-Ghazaleh highlighted that this quarter marks a significant milestone in the company's history as it rebrands officially under the name 'Del Monte Corporation.' The updated financial targets reflect confidence in operational improvements and strategic initiatives. These projections may influence investor sentiment toward DMC stock.
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Topics: Company Transformation Del Monte Corporation Q2 Earnings Call