Some reasons cited include increased competition from cheaper store brands due to grocery inflation, and higher costs from tariffs on imported steel, which have driven up can manufacturing expenses. Buckle up, people, whatever comes next isn’t going to be pleasant. God knows how many of us will lose jobs.
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So Del Monte is run from here:
https://www.cnbc.com/quotes/DMPL-SG
[NutriAsia is a Philippine food and beverage company, and Del Monte Pacific Limited (DMPL) is a subsidiary of NutriAsia that owns the US-based Del Monte Foods, Inc. NutriAsia effectively owns 87% of Del Monte Philippines, and DMPL is dual-listed in Singapore and the Philippines]
DMPL's all time high was .7008 (1/2013); it current price is .0720 (as of close of 7/7/2025) -- that's a -89.72% loss in its share price.