Del Monte Corporation

Hello everyone, thank you for joining us and welcome to the Del Monte Corporation 3rd Quarter 2026 Financial Results Conference Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Christine Cannella, Vice President, Investor Relations. Christine, please go ahead.

Thank you, Trevor. Good day, everyone. And thank you for joining our third quarter 2026 conference call. Joining me for today's discussion are Mr. Mohammad Abu-Ghazaleh, Chairman and Chief Executive Officer, and Ms. Monica Vicente, Senior Vice President and Chief Financial Officer. I hope that you've had a chance to review the press release that was issued earlier via Business Wire. You may also visit the company's IR website at investorrelations.freshdelmonte.com to access today's earnings materials and to register for future distributions. This conference call is being webcast live on our website and will be available for replay after this call. Please note that our press release and our call today include non-GAAP measures Reconciliations of these non-GAAP financial measures are set forth in the Press Release and Investor Supplemental slide deck, which is available on our website. I would like to remind you that much of the information we will be speaking to today, including the answers we give in response to your questions, may include forward-looking statements within the safe harbor provisions of the federal securities laws. In today's press release and in our SEC filings, we detail risks that may cause our future results to differ materially from these forward-looking statements. Our statements are as of today, October 28, 2026, and we have no obligation to update any forward-looking statement we may make. During the call, we will provide a business update along with an overview of our financial results. followed by a question and answer session. With that, I will turn today's call over to Mr. Mohammad Abu-Ghazaleh. Please go ahead, sir.

Thank you, Christine. Good morning, everyone, and thank you for joining us. When we acquired Del Monte Foods earlier this year, we saw an opportunity to do much more than expand our portfolio. We saw the potential to bring together the strengths of two iconic businesses that had operated separately for decades, creating a stronger foundation for long-term growth. Today, with our second full quarter of the expanded portfolio behind us, that opportunity is beginning to take shape. Our third quarter performance reflects the contribution of our foods business and the progress that we are making toward building a stronger, more diversified company. While our fresh operations continue to navigate a challenging global environment, foods is broadening our earnings base and adding greater balance to our business. But what is most important to me is not simply what the acquisition is contributing today. It is what these businesses can accomplish together. For the first time, we can fully connect our agricultural expertise, global infrastructure, manufacturing capabilities, and the strength of the Del Monte brand under one strategy. And we believe that this creates opportunities for growth that neither businesses could have pursued as effectively on its own. An important part of realizing that potential is strengthening the foundation of our foods business, where our teams have made significant progress in a relatively short period of time. Customer fill rates have improved from 87% in the prior year period to approximately 98% ahead of the upcoming holiday season. representing our best improved service levels and helping restore confidence among retail partners in our Del Monte Foods division. These improvements reinforce our confidence in the underlying strength of the business and the Del Monte brand. We hold strong positions in our core categories, including approximately 25% Market Share in canned vegetables and refrigerated fruit. And importantly, we have plans in place to leverage the capabilities of our integrated company to build on those positions through innovation and growth. Beyond the progress, we are making our food division. What truly distinguishes Del Monte Corporation is the combination of five complementary strengths that we believe position us well competitively. These include our global pineapple franchise, fresh-cut capabilities, the unified Del Monte brand, our vertically integrated supply chain, and a global shelf-stable manufacturing platform. Individually, these are Our food business can fully leverage our global agricultural sourcing, fresh and frozen processing capabilities and broader resources. At the same time, our fresh business has new opportunities to extend into additional product categories, formats, and consumer occasions. Our long-term growth strategy is built around making the most of these complementary strengths guided by our new North Star created by this union. More servings, more consumers, more occasions. Our ambition is to make fruits and vegetables a greater part of consumers' everyday lives, with consumption remaining below recommended levels worldwide We see a tremendous opportunity to put our unique capabilities to work making nutritious foods more accessible, convenient, and relevant to consumers everywhere. Innovation will be central to realizing that opportunity. We are developing an ambitious pipeline of products with new formulations, modern packaging, and convenient formats designed to attract younger consumers while continuing to serve the household that have trusted Del Monte for generations. We currently anticipate initial launches of the first products beginning in the second half of 27 and throughout 2028. As we expand our prepared foods business and introduce higher value products, we see opportunities to improve our sales mix and support margin expansion. while remaining disciplined in how we invest. We have a clear vision for the future, a remarkable team, and the capability to take Del Monte to its next chapter. There is still much work ahead, but I have tremendous confidence in the direction we are taking. Our history is what brought us here. What we built all together will define our future. Thank you for your continued interest in Dalmonte Corporation. With that, I will turn it over to Monica Vicente, our Chief Financial Officer, to discuss our financial results. Monica.