Del Monte Foods Co. Jul 09
Standard & Poors, July 2009
Abstract
Solid brands, with leading market shares in several categories; Product diversification across processed produce and pet food; and Able to implement price increases to partially offset higher fuel and commodity costs, although subject to a time lag. Exposure to volatile commodity costs; Competes within industries requiring high levels of brand building expenditures; and Moderately high debt levels and servicing requirements. The ratings on San Francisco, Calif.-based Del Monte Foods Co. reflect moderate debt levels and exposure to volatile commodity costs. Del Monte benefits from its diverse product portfolio with leading market shares and high brand recognition in the stable, domestic, shelf-stable fruit and vegetable processing industry, and pet food sector. The company holds leading market shares in the processed fruit,...
Companies mentioned in this report are: Del Monte Corp.,Del Monte Corp. (Old)
Action: Review
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Research Type: Full Analysis
Del Monte Corp.,Del Monte Corp. (Old)
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