Del Monte Foods said today (30 August) that its quarterly profits had more than halved as a hike in costs more than offset rising sales.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The US-based firm booked income from continuing operations of US$3.5m for the three months to 29 July, down from $7.4m a year earlier.


“Cost increases facing our business continue to be a challenge, particularly in fish, as well as in grains, fats and oils due to increased demand for alternative fuels. Combating these cost increases remains a critical priority,” said chairman and CEO Richard Wolford.


The company saw net sales jump almost 12% to $753.5m.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now