Del Monte (DMC) exec sells shares to cover tax on vested stock units

Del Monte Corp (DMC) reported 2026 net sales of $1.22B, up from $1.18B, but net income fell to $21.2M and diluted EPS to $0.44, down from $56.8M and $1.18 a year earlier, citing acquisition-related costs, impairments, and operational disruptions. The company also cited shipping disruptions and higher input costs.

Del Monte (NYSE:DMC) reported adjusted EPS of 72 cents, above the 53-cent estimate, in its first earnings since merging Fresh Del Monte Produce and Del Monte Foods in March 2026. Revenue was $1.219 billion, below the $1.305 billion consensus. The board declared a 30-cent quarterly dividend and approved $16 million in share repurchases.

Del Monte Corporation (NYSE:DMC) reported Q2 CY2026 revenue of $1.22 billion, up 3.1% year over year but below Wall Street estimates. Non-GAAP profit was $0.72 per share, 35.8% above analysts’ consensus. The article also cites trailing-12-month revenue of $4.3 billion and notes shares rose 1.3% to $29.11 after the report.

DEL MONTE CORP (DMC) filed an SEC Form 8-K — Results of Operations and Financial Condition. Del Monte Corporation Reports Second Quarter Earnings for Fiscal 2026 Del Monte Foods Drives Growth in First Full Quarter of Ownership Portfolio Actions Expected to Enhance Cost Structure and Improve Returns Building Del Monte Corporation Across Fresh, Refrigerated, Shelf-Stable,

Disney (DIS) and Netflix (NFLX) agreed to stream select Disney content on Netflix, including 'Percy Jackson' and 'Ice Age' films. Disney is modestly undervalued with a GF Value of $118.02, 13.4% above its current price, and has a GF Score of 86/100. Insider activity shows balanced transactions over the past year.

GM's U.S. EV sales dropped 61.7% YoY in Q3 2026 to 25,473 units, accounting for 3.8% of total sales. Overall sales fell 5.5%, with GM citing a smaller EV market. Cadillac's EVs performed relatively better, while models like Equinox EV saw steep declines. Ford also reported an 80% YoY EV sales drop.