- Guides FY09 EPS toward the midpoint $0.58-0.62 v $0.57e., Rev +8-10% (implying $3.46-3.52B v $3.52Be)
- Consumer products +6.1% y/y to $491.9M
- Pet products +18.7% y/y to 409.1M

Other headlines for [DLM]

• DLM 12/9/2008 08:49am
  Del Monte Foods Co S&P raises subordinated debt rating to BB- from B+, on a stable outlook- The outlook on Del Monte is stable. We expect Del Monte will apply its free cash flow to debt reduction and maintain leverage more...
  
• DLM 12/4/2008 08:34am
  Del Monte Foods Co Price target cut to $7.00 from $7.50 at Merrill Lynch
  
• DLM 12/4/2008 07:47am
  Del Monte Foods Co Stephens Raised DLM to Overweight from Equal Weight, price target: $9
  
• DLM 12/3/2008 10:29am
  Del Monte Foods Co Guides Q3 EPS lower y/y v $0.24e (Q307 EPS of $0.26) -conf call
  
• DLM 12/3/2008 08:00am
  Del Monte Foods Co Reports Q2 $0.14 v $0.12e, R $901M v $905.0Me- Guides FY09 EPS toward the midpoint $0.58-0.62 v $0.57e., Rev +8-10% (implying $3.46-3.52B v $3.52Be) - Consumer products +6.1% y/y to $491.9M - Pet more...
  

Consumer staples sector headlines

• TSN Today 03:32pm
  Tyson Foods Inc Interim CEO: No major layoffs planned, poultry units wil be restructured- The company intends to select a new, permanent CEO as soon as possible and hopes the new leader can be identified from the more...
  
• CPWM Today 02:31pm
  Cost Plus Inc. Reports Dec SSS -4.3%; announces plans to close 26 stores- Expects pre tax impairment of $4M - will reduce home office and distribution center staff by 18% and will implement a number of additional more...
  
• CVS Today 12:39pm
  CVS Corp Hearing removed from Goldman Sachs conviction buy list (timing uncertain)
  
• DMND Today 09:08am
  Diamond Foods, Inc. Long Bow Research Raised DMND to Buy from Neutral, price target: $27
  
• CVS Today 08:49am
  CVS Corp CFO: Guides FY09 Rev growth of 10.5-12.5% - conf call- Guides Q1 Rev +8-10% - Puts 2009 CAPEX at $1-1.2B with free cash flow of approx $3.5B