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Del Monte Corporation DMC Prepared foods — Asset impairments
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Where this comes from
Reported directly by Del Monte Corporation in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The source filing: Del Monte Corporation’s 10-Q, filed May 6, 2026.
- Filed
- May 5, 2026, 8:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001047340-26-000025
| Line item | Quarter ended / March 27, 2026 / Long-lived and otherasset impairment | Quarter ended / March 27, 2026 / Exit activity and other charges | Quarter ended / March 27, 2026 / Total | Quarter ended / March 28, 2025 / Long-lived and otherasset impairment | Quarter ended / March 28, 2025 / Exit activity and other charges | Quarter ended / March 28, 2025 / Total |
|---|---|---|---|---|---|---|
| Prepared segment: | ||||||
| Impairment of right-of-use asset (1) | $16.1 | — | $16.1 | — | — | — |
| Other: | ||||||
| Business transaction costs related to acquisition of Del Monte Foods (2) | — | 3.5 | 3.5 | — | — | — |
| Severance costs for transition employees related to acquisition of Del Monte Foods | — | 0.4 | 0.4 | — | — | — |
| Total asset impairment and other charges, net | $16.1 | $3.9 | $20.0 | — | — | — |
Item 1. Financial Statements
FAQ
- What is Del Monte Corporation's prepared foods — asset impairments?
- Del Monte Corporation (DMC) reported prepared foods — asset impairments of $16.1M in Q1 2026.
- What does prepared foods — asset impairments mean?
- Represents non-cash charges recognized when the carrying value of assets within the prepared foods segment exceeds their recoverable fair value. This metric signals potential overvaluation of long-lived assets or declining business prospects within this specific product category.
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