Del Monte Foods reported a 47% drop in second quarter profits yesterday (30 November) as margins came under pressure by higher costs for fish, peaches and tomatoes. Expenses for integrating acquisitions also dented profits, the company revealed.
US: Del Monte profits drop 47%
Get full access to all content, just $1 for 30 days
just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 19 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Risk-free, money-back guarantee
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Tyson Foods investor day - key takeaways
- The problems with a 'purpose'-led strategy
- Campbell sets plan at investor day - takeaways
- The brave new world of food as medicine
- Who may gain from China's ASF crisis?
News
- Hundreds of jobs set to go at Kerry Foods plant
- Mars creates new senior executive role
- Unilever CEO: brands may need "purpose" to stay
- The Meatless Farm Co. strikes major export deal
- Nestle makes Nutri-Score labelling scheme pledge
Market research
- Sustainability in UK Retail, 2019: Case studies and consumer attitudes
- Mars Inc - Strategic SWOT Analysis Review
- ForeSights: Food Delivery by Drones - Using drones to conveniently bring food to consumers
- Success Case Study: Oatly - Bold milk-alternative brand catering to health- and environment-conscious consumers
- US-China trade war: Tariffs are exacerbating existing trends, leaving few victors
