EarningsQ2 2026 Earnings Report

Del Monte (DMC) Q2 2026 Earnings Report

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Previous Report: Q1 2026

CH:DMC Q2 2026 EPS Results

Actual EPSCHF0.60

Consensus EPSCHF0.44

Beat/MissBeat by +CHF0.16

One Year Ago EPSCHF1.02

CH:DMC Q2 2026 Revenue Results

Actual RevenueCHF1.01B

Expected RevenueCHF1.08B

Beat/MissMissed by -CHF72.65M

YoY Revenue Growth+2.64%

Earnings Announcement Details

QuarterQ2 2026

Date07/29/2026

TimeBefore Open

Conference CallWednesday, July 29, 2026

CH:DMC Upcoming Earnings

Del Monte's next earnings date is estimated for November 4, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

CH:DMC Q2 2026 Earnings Call

0:00 / 0:00

Q2 2026 Earnings Slide Deck

No slide deck is available for this earnings event.

Q2 2026 Earnings Call Summary

Q2 2026

Earnings Call Date:Jul 29, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call conveyed progress and operational improvements — notably Arcadia's strong sequential and year-over-year recovery, a consolidated sales/EBITDA beat, sequential gains at DynaEnergetics and NobelClad, and disciplined SG&A — but these positives are tempered by a very low adjusted net income, rising net debt and cash usage, persistent macro headwinds (weak commercial construction, aluminum volatility), margin pressure at DynaEnergetics, a YoY sales decline at NobelClad, and a complex near-term capital structure decision tied to Arcadia's noncontrolling interest. Guidance for modest sequential improvement was provided, but management emphasized meaningful external risks (Middle East hostilities, tariffs, input cost volatility) that could affect results.

Company Guidance

Management guided third-quarter sales of $158–$168 million and adjusted EBITDA attributable to DMC of $10–$13 million, citing steady Arcadia performance, increased well‑completion activity for DynaEnergetics (oil & gas and EGS) and higher shipments at NobelClad while excluding potential impacts from renewed Middle East hostilities, aluminum cost volatility, weaker end markets and tariff changes. For context, Q2 consolidated sales were $157.0 million with adjusted EBITDA attributable to DMC of $10.7 million, adjusted net income of $0.727 million ($0.04 per diluted share), cash and cash equivalents of $28.6 million, net debt of $30.5 million and net cash used in operations of $8.0 million. Management also reiterated the Sept. 6 put/call on Arcadia’s remaining 40% (approx. $162 million net value): if the put is exercised DMC may settle in cash or 20% cash/80% mandatorily redeemable preferred shares (convertible 1-for-1 with a 19.9% conversion/voting cap), with equal annual redemptions over three years subject to board/Delaware solvency determinations; the preferred would not be treated as debt unless DMC borrows to fund redemptions.

Consolidated Sales and EBITDA Beat

Second quarter consolidated sales of $157.0 million were at the high end of guidance and adjusted EBITDA attributable to DMC was $10.7 million, exceeding the high end of the company's expected range.

Arcadia Strong Sequential and Year-over-Year Recovery

Arcadia sales increased 9% year-over-year and 19% sequentially, its strongest quarterly sales since Q2 2024; adjusted EBITDA margin before NCI improved to 13.6% (from 10.9% year-ago and 6.9% prior quarter) driven by better fixed-cost absorption, improved product availability and rightsizing of residential offerings.

Sequential Improvement at DynaEnergetics

DynaEnergetics sales were flat year-over-year but rose 13% sequentially; adjusted EBITDA margin recovered from 4.6% in Q1 to 8.4% in Q2, including a $1.5 million tariff refund that supported margins.

NobelClad Sequential Recovery and Strong Backlog

NobelClad sales rose 15% sequentially due to increased deliveries on a large petrochemical order; adjusted EBITDA improved to 13.7% from 9.8% in Q1, and management reports a healthy backlog expected to drive stronger H2 shipments and results.

Improved Operating Leverage and SG&A Discipline

SG&A declined sequentially to $24.5 million, representing 15.6% of sales (down from 18.1% in Q1 and 16.8% year-over-year), reflecting better operating leverage on fixed costs.

Clear Near-Term Guidance and Potential Growth Opportunities

Q3 guidance anticipates sales of $158M–$168M and adjusted EBITDA of $10M–$13M; management highlighted potential durable opportunities such as enhanced geothermal systems (EGS) with a first shipment completed and potential longer-term demand improvements in well completions.

CH:DMC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change
Nov 04, 2026	2026 (Q3)	0.38 / -	0.572	―
Jul 29, 2026	2026 (Q2)	0.44 / 0.60	1.02	-41.46% (-0.42)
May 05, 2026	2026 (Q1)	0.51 / 0.52	0.522	0.00% (0.00)
Feb 18, 2026	2025 (Q4)	0.23 / 0.58	0.216	169.23% (+0.36)
Oct 29, 2025	2025 (Q3)	0.41 / 0.57	0.639	-10.39% (-0.07)
Jul 30, 2025	2025 (Q2)	0.79 / 1.02	0.879	16.04% (+0.14)
Apr 30, 2025	2025 (Q1)	0.56 / 0.52	0.282	85.29% (+0.24)
Feb 24, 2025	2024 (Q4)	0.31 / 0.22	0.207	4.00% (<+0.01)
Oct 31, 2024	2024 (Q3)	0.39 / 0.64	0.29	120.00% (+0.35)
Aug 01, 2024	2024 (Q2)	0.50 / 0.88	0.796	10.42% (+0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed