Filing Flows › Del Monte (DMC) › Q1 2025
Del Monte (DMC) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Del Monte (DMC) reported revenue of $1.1B for the first quarter 2025 (Q1 2025), -0.9% from a year earlier and +8% from the quarter before. Operating margin was 4.1%, net earnings $31.9M (2.9% of revenue).
Del Monte, Q1 2025: revenue $1.1B (-0.9% year over year), operating margin 4.1%, net earnings $31.9M, operating cash flow $46.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +8% | -0.9% |
| Gross profit | $92.2M | +34% | +12% |
| Operating profit | $44.9M | +48% | +2% |
| Net earnings | $31.9M | +56% | +22% |
| Operating cash flow | $46.1M | — | +147% |
| Free cash flow | $36.1M | — | +502% |
What changed
Revenue was $1.1B in Q1 2025, down 1% year over year and up 8% from the previous quarter. Fresh and value-added products was the largest line at 62% of revenue. Banana lost $0.02B year over year (down 4%), 165% of the total change.
Gross margin was 8.4%, up 1.0 points from a year earlier. Operating profit was $0.04B, a 4.1% margin (up 0.1 points year over year). Operating expenses grew 24% against a revenue fall of 1%. Net earnings were $0.03B, up 19% year over year. The effective tax rate was 17.8%.
Operating cash flow was $0.05B (up 147% year over year), 145% of net income including minority interests. Non-cash charges added back $0.02B of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $0.01B. Capital expenditures of $0.01B left free cash flow of $0.04B.
Questions
What was Del Monte's revenue in the first quarter 2025?
Del Monte (DMC) reported revenue of $1.1B for the first quarter 2025 (Q1 2025), -0.9% from a year earlier and +8% from the quarter before.
Was Del Monte profitable in the first quarter 2025?
Operating profit was $44.9M (4.1% of revenue) and net earnings $31.9M.
Source: Del Monte 10-Q on SEC EDGAR.