The WSJ article about FDP's risk losing pineapple market share is an in-depth description of the battle of control of pineapple market among FDP and other players. It seems that FDP has a risk of maintaining high price of its Del Monte Gold pineapple and thus having its profit eroded.
Anyway, my purchae price at 7x earnings leaves lots of room for error. I still believe FDP is a value buy at the moment. Its zero debt and strong cash flow make it a safe investment.
FDP shrinks 4.5% in the first hour of trading.