FRESH DEL MONTE PRODUCE INC
For the period ended Mar 27, 2026. Filed May 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 27, 2026 · Filed May 6, 2026
DMC$27.39-0.9%Stored close · as of Nov 6, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2025-09-26; filed 2025-10-29.
0001047340-25-000133
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2026-03-27; filed 2026-05-06.
0001047340-26-000025
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 7 previous paragraphs and 11 current paragraphs.
3 unchanged; 3 reworded; 5 added; 1 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (5)
Current report
The Del Monte® brand may also be affected by negative perceptions associated with the prior financial condition and bankruptcy proceedings of Del Monte Foods. Although we were not responsible for such prior events, customers and vendors may nonetheless associate the brand with those developments.
Current report
Negative information about the Del Monte® brand, one of our other brands or our business, whether accurate or not, may be rapidly disseminated through traditional media and digital platforms, including social media and influencer channels, and may result in immediate harm to our reputation without affording us an opportunity to respond or mitigate such impact. Any sustained adverse consumer perception or loss of confidence in the Del Monte® brand could result in decreased demand for our products, harm our relationships with customers and suppliers, and materially adversely affect our business.
Current report
Our success also depends on our ability to protect our intellectual property rights. We rely primarily on patent, copyright, trademark and trade secret laws to protect our intellectual property and proprietary technologies. As the owner of the trademark of Del Monte® and other brands following our acquisition of assets from Del Monte Foods, we have primary responsibility to maintain the enforceability of these brands, monitor unauthorized use, prevent infringement, and maintain the distinctiveness and reputation of the trademark across multiple jurisdictions and product categories. These efforts will require significant more resources than amounts that we previously spent as a licensor. To the extent that we are not successful in adequately protecting the Del Monte® or other brands, it could result in dilution of such brands, loss of exclusivity, increased third-party use that may be inconsistent with our brand standards, or contractual damages under our licensee agreements.
Current report
The conflict between the United States, Israel, and Iran and the resulting geopolitical instability may adversely affect our business.
Current report
In February 2026, the United States and Israel launched coordinated military strikes against Iran, which retaliated with missile attacks across the regions and threats on commercial cargo passing through the Strait of Hormuz, contributing to significant volatility and increase in global oil and energy prices. Brent crude oil prices have recently exceeded $110 per barrel and, at times, reached levels above $120 per barrel, reflecting a material disruption to global energy supply and logistics. These strikes have led to ongoing escalations throughout the Middle East, including additional retaliatory measures and disruptions to trade routes. Further escalation, such as additional military actions, sanctions, or other governmental or market responses, and sustained increase in oil prices may adversely affect our business, financial condition, and results of operations in several ways. Higher fuel costs increase the cost of operating our global logistics network, including ocean freight, trucking, and distribution, which are critical to the transportation of fresh produce and prepared food products. In addition, increased energy prices raise the cost of key agricultural inputs, including fertilizers, packaging materials, and petrochemical-based products, which are widely used throughout the food supply chain. Furthermore, rising fertilizer and agricultural input costs may negatively impact crop yields and sourcing costs, thereby increasing the price of raw materials and reducing supply reliability. Increased energy and input costs could continue to lead to broader inflationary pressures, including higher food prices globally, which may reduce consumer purchasing power and demand for our products. To the extent we are unable to fully offset these cost increases through pricing actions, or cost efficiencies, our margins and profitability may be adversely affected.
Removed paragraphs (1)
Previous report
For example, Del Monte Foods Corporation II Inc., the owner of the Del Monte trademarks, together with 17 of its affiliates, recently filed for chapter 11 bankruptcy, where it is currently pursuing a sale of substantially all of its assets, including its trademarks. While we believe that our right to use the Del Monte® trademark under our licenses is and will be legally enforceable against any purchaser of the debtors’ assets, the enforceability of trademark licenses under bankruptcy law has been subject to challenge in certain circumstances. In addition, a new owner of the trademark could be a third-party whose interests conflict with ours, or who is not able or willing to take the necessary steps to maintain and protect the Del Monte trademarks worldwide, which could adversely affect the costs and risks associated with sharing the Del Monte® trademark. We also rely on trade secrets and proprietary know-how and confidentiality agreements to protect our technologies and processes. If our license to use the Del Monte brand or our other intellectual property rights are not protected, it will be easier for our competitors to offer similar products, which could materially and adversely affect our business, financial conditions and results of operations.
Reworded paragraphs (3)
Previous wording
We depend on the Del Monte® brand and other proprietary brands in marketing our products. Any events or rumors that cause consumers and/or institutions to no longer associate these brands with high-quality and safe food products may materially adversely affect the value of our brand names and demand for our products. Allegations involving the safety or security of our products, facilities, employees, or other members of the public, even if untrue, that we are not respecting the human rights found in our Human Rights Policy, which adheres to the United Nations Universal Declaration of Human Rights; actual or perceived failure by our suppliers or other business partners to comply with applicable labor and workplace rights laws, including child labor laws and equal pay laws, or their actual or perceived abuse or misuse of migrant workers or the like could negatively affect our Company’s overall reputation and brand image, which in turn could have a negative impact on our products’ acceptance by consumers or customers. For example, allegations regarding human rights violations have been made regarding our Kenya subsidiary. Any media coverage resulting therefrom, could create a negative public perception of our business, which in turn could have a negative impact on our products’ acceptance by consumers or customers.
Current wording
We depend on the Del Monte® brand and our other proprietary brands, which we now own pursuant to our acquisition of Del Monte Foods, to differentiate and market our products and maintain consumer recognition and trust. Any events or rumors that cause consumers and/or institutions to no longer associate these brands with high-quality and safe food products may materially adversely affect the value of our brand names and demand for our products. Allegations involving the safety or security of our facilities, employees, or other members of the public, even if untrue, that we are not respecting the human rights found in our Human Rights Policy, which adheres to the United Nations Universal Declaration of Human Rights; actual or perceived failure by our suppliers or other business partners to comply with applicable labor and workplace rights laws, including child labor laws and equal pay laws, or their actual or perceived abuse or misuse of migrant workers or the like could negatively affect our Company’s overall reputation and brand image, which in turn could have a negative impact on our products’ acceptance by consumers or customers. For example, allegations regarding human rights violations have been made regarding our Kenya subsidiary. Any media coverage resulting therefrom, could create a negative public perception of our business, which in turn could have a negative impact on our products’ acceptance by consumers or customers.
Previous wording
Furthermore, our Licensor has recently faced financial difficulties, and, together with 17 of its affiliates, filed for chapter 11 bankruptcy in July 2025, where the Licensor is currently pursuing a sale of substantially all of its assets, including its trademarks. At the time of the filing of such bankruptcy, there was market confusion as to our relationship with the bankrupt entity and whether our company was likewise in bankruptcy. Although the Licensor is a separate private entity and not affiliated with us, the use of the Del Monte® trademark licensed to us and the use of a similar entity name by the Licensor may tarnish our brand and reputation. Adverse information about our brand, whether or not true, may be instantly and easily posted on social media platforms at any time, especially given the rise of influencer marketing in the food industry. Negative publicity of this kind may potentially perpetuate marketplace confusion and adversely affect our relationship with customers and suppliers. The harm may be immediate without affording us an opportunity for redress or correction. We also share the Del Monte® brand with unaffiliated companies that manufacture, distribute and sell canned or processed fruits and vegetables, dried fruit, snacks, nuts and other products. Acts or omissions by these companies, including an instance of food-borne contamination or disease, may adversely affect the value of the Del Monte® brand. As a result, our reputation and the value of the Del Monte® brand may be adversely affected by negative consumer perception which could adversely affect our sales.
Current wording
Although we now own the trademark of Del Monte® brand and other brands acquired in the Del Monte Foods acquisition, we continue to share, pursuant to existing licensee agreements, the Del Monte® brand and the other brands with unaffiliated companies that manufacture, distribute and sell products under those brands, including the purchaser of the U.S. Del Monte® canned and ambient temperature fruit business. This may limit our ability to control the use of the brand. Furthermore, acts or omissions by these companies, including an instance of food-borne contamination or disease, may adversely affect the value of the Del Monte® brand. As a result, our reputation and the value of the Del Monte® brand may be adversely affected by negative consumer perception which could adversely affect our sales.
Previous wording
Our success also depends on our ability to protect our intellectual property rights. We rely primarily on patent, copyright, trademark and trade secret laws to protect our proprietary technologies. We protect our technology by, among other things, filing patent applications to protect innovations relating to our business in the U.S., the EU and selected foreign jurisdictions. Our trademarks and brand names are registered in jurisdictions throughout the world. Our right to use the Del Monte trademarks originates through an exclusive, perpetual, royalty-free license that provides us the right to use the Del Monte trademark with respect to fresh fruit, vegetable and produce products worldwide, including in the United States and other food and beverage products in specified countries outside the United States. While we intend to use our best efforts to keep these filings current and seek protection for new trademarks to the extent consistent with business needs, our rights could be subject to actions outside of our control.
Current wording
Our trademarks and brand names are registered in jurisdictions throughout the world. We intend to keep these filings current and seek protection for new trademarks to the extent consistent with business needs. However, effective intellectual property protection may not be available in every country in which our brands are sold as the laws of some countries do not protect intellectual property rights to the same extent as the laws of the U.S. We protect our technology by, among other things, filing patent applications for technology relating to the development of our business in the U.S., the EU and selected foreign jurisdictions. We also rely on trade secrets and proprietary know-how and confidentiality agreements to protect our technologies and processes. The failure of any patents, trademarks, trade secrets or other intellectual property rights to provide protection to our technologies would make it easier for our competitors to offer similar products, which could adversely affect our business, financial conditions and results of operations.