This web site contains forward-looking statements. Statements that are not historical facts, including statements about Del Monte Foods Company's beliefs or expectations, are forward-looking statements. These statements are based on plans, estimates and projections at the time Del Monte made the original statement, and you should not place undue reliance on them. The continued inclusion of any such statements on this web site is not a re-publication thereof. Del Monte does not undertake to update any of these statements in light of new information or future events.
Forward-looking statements involve inherent risks and uncertainties and Del Monte cautions you that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statement. These factors include, among others: competition, including pricing and promotional spending levels by competitors; Del Monte’s ability to maintain or increase prices and persuade consumers to purchase its branded products versus lower-priced branded and private label offerings; shifts in consumer purchases to lower-priced or other value offerings, particularly during economic downturns; Del Monte’s ability to implement productivity initiatives to control or reduce costs; Del Monte’s debt levels and ability to refinance, service or reduce its debt and comply with covenants; disruptions in the financial markets; the failure of the financial institutions that are part of the syndicate of Del Monte’s revolving credit facility to extend credit to it; cost and availability of inputs, commodities, ingredients and other raw materials, including without limitation, energy (including natural gas), fuel, packaging, fruits, vegetables, tomatoes, grains (including corn), sugar, spices, meats, meat by-products, soybean meal, fats, oils and chemicals; logistics and other transportation-related costs; sufficiency and effectiveness of marketing and trade promotion programs; Del Monte’s ability to launch new products and anticipate changing consumer and pet preferences; performance of Del Monte's pet products business and produce sales; Del Monte's ability to maintain or grow revenues or reduce overhead costs, particularly in connection with any termination of the Operating Services Agreement, dated as of October 6, 2008, between Del Monte Corporation and Starkist Co.; product distribution; the loss of significant customers or a substantial reduction in orders from these customers or the financial difficulties, bankruptcy or other business disruption of any such customer; industry trends, including changes in buying, inventory and other business practices by customers; hedging practices and the financial health of the counterparties to Del Monte’s hedging programs; currency and interest rate fluctuations; pension costs and funding requirements; impairments in the carrying value of goodwill or other intangible assets; transformative plans; adverse weather conditions, natural disasters, pestilences and other natural conditions that affect crop yields or other inputs or otherwise disrupt operations; contaminated ingredients; allegations that Del Monte’s products cause injury or illness, product recalls and product liability claims and other litigation; reliance on certain third parties, including co-packers, Del Monte’s broker, and third-party distribution centers or managers; any disruption to Del Monte’s manufacturing and distribution, particularly any disruption in or shortage of seasonal pack; changes in, or the failure or inability to comply with U.S., foreign and local governmental regulations, including environmental regulations and import/export regulations or duties; protecting Del Monte’s intellectual property rights or intellectual property infringement or violation claims; failure of Del Monte’s information technology systems; any accelerated departure from Terminal Island, CA; acquisitions, if any, including identification of appropriate targets and successful integration of any acquired businesses; general economic and business conditions and other factors, including other factors referenced in this web site or Del Monte Foods Company's filings with the Securities and Exchange Commission.
Please see Del Monte Foods Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and, if applicable, Quarterly Report on Form 10-Q, for a discussion of important factors that could materially affect the future results of Del Monte Foods Company.
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