Chiquita Brands International - food industry company news 
US: Chiquita makes Q1 loss
9 May 2012
US produce group Chiquita Brands International has slipped to a net loss in the first quarter of the year as lower banana prices in key markets hit sales.
US: Chiquita FY profits remain flat
22 February 2012
US produce group Chiquita Brands International has posted flat profits for fiscal 2011 but said it plans to expand its Fresh Express business this year by growing its organic business.
US: Chiquita appoints Kocher to replace Sims as CFO
22 February 2012
US produce group Chiquita Brands International has appointed a CFO to succeed Michael Sims who has left to join AdvancePierre Foods.
US: Chiquita to move HQ to Charlotte
30 November 2011
US produce group Chiquita Brands International is to move its headquarters over 400 miles from Cincinnati to Charlotte.
Best bits: Firms tackle economic gloom
7 November 2011
There's been a sense of boldness from the world of food this past week, with companies making interesting moves into new products, acquisitions and territories.
Editor's choice: the highlights on just-food last week
7 November 2011
It's financial results season this week, with Kraft and Tate & Lyle performing strongly, while Chiquita and Whole Foods faltered. Diamond Foods' deal to buy Pringles from Procter & Gamble was delayed, prompting consternation among stockholders, and Portuguese retailer Jeronimo Martins announced extensive investments in Latin America. Click on the headlines for more.
US: Chiquita Brands loss widens in Q3
4 November 2011
Chiquita Brands International has posted a loss in its third-quarter, on the back of a decline in sales and an increase in costs.
US: Chiquita escapes fine over price fixing
12 October 2011
US-based Chiquita Brands International has escaped a fine over fixing banana prices in Southern Europe because it blew the whistle on the cartel.
US: Chiquita mulls headquarters move
14 September 2011
Chiquita Brands International has confirmed that it is considering moving its headquarters.
US: Chiquita joins MyPlate programme
25 August 2011
Chiquita Brands International has teamed up with the US Department of Agriculture to promote MyPlate, the new food advice initiative.
US: Chiquita Brands sees profits slide in H1
4 August 2011
Chiquita Brands International saw its operating profits fall in the first-half of the year on the back of a drop in revenues from salads and healthy snacks.
US: Hero Group announces Beech-Nut partnership with Mott's
3 August 2011
US baby-food firm Beech-Nut, an arm of Swiss food company Hero Group, has launched a range of co-branded baby food with apple sauce maker Mott's.
US: Chiquita to transition innovation, operations units
27 June 2011
Chiquita Brands International is to merge two of its divisions in a bid to better focus on execution and scalability.
US: Chiquita fails to halt torture lawsuit
6 June 2011
Chiquita Brands International has failed to halt a civil lawsuit brought by around 4,000 Colombian citizens alleging that they or their relatives were tortured or killed by local militias funded by the company.
US: Chiquita returns to Q1 profit
6 May 2011
Chiquita Brands International has returned to a first-quarter profit as the European market stabilised and banana sales rose.
US: Chiquita issues Fresh Express spinach recall
6 April 2011
Chiquita Brands International is recalling nearly 3,000 cases of Fresh Express bagged spinach in the US due to a possible salmonella risk.
US: Chiquita FY profits down despite Q4 improvement
3 March 2011
Narrowing fourth-quarter losses were not enough to stem a drop in Chiquita Brands International's full-year profits.
Comment: YoCream buy is Danone's latest move to diversify
26 November 2010
To some in the financial community, Danone's move to buy US frozen-yoghurt maker YoCream International this week may not - to use the jargon - have been "material" enough to warrant too much attention. However, the US$103m deal remains another significant sign of the French food giant's moves to diversify its business.
US: Chiquita director quits over company performance
25 November 2010
A director at Chiquita Brands International has quit due to "concerns" over the US produce giant's financial and operational performance.
Editor's choice: the highlights on just-food this week
5 November 2010
This week has seen a raft of financial results that have given us a chance to gauge the health of the sector. It's been a mixed bag - Kellogg's sales and profits slid - but there were positives to take from the likes of Kraft Foods and Unilever. Elsewhere, Wal-Mart Stores has its eyes on emerging markets expansion, we have had analysis of Whole Foods Market's performance and a discussion of public health policy in Canada.
Quote, unquote: just-food's week in words
5 November 2010
Within a raft of trading updates this week, Kellogg and Chiquita Brands International posted disappointing results, although Unilever and organics retailer Whole Foods Market had better news for the market. Heinz is entering what may become a protracted series of negotations with its Wigan staff over wages, while rumours abound that Marks and Spencer may look to re-acquire the stores in western Europe that it sold in 2001. Here's the best of what was said this week.
On the money: Chiquita plans European "transformation"
3 November 2010
Chiquita Brands International looks set to make some major changes to its European operations after its third-quarter results were driven down by weakness in the region.
US: Chiquita slashes FY profit target after Q3 loss
2 November 2010
Produce giant Chiquita Brands International has cut its 2010 profit forecast after running up a third-quarter loss amid "challenging" conditions in Europe.
US: Chiquita unveils "biggest invention since pre-packaged salads"
15 October 2010
Produce giant Chiquita Brands International has launched what it claims is a "technology breakthrough" for food safety and freshness.
US/EUROPE: Chiquita shakes up exec team
14 October 2010
Fresh produce group Chiquita Brands International has moved the head of its North American business to lead its operations in Europe and the Middle East.
US: FDA accuses Chiquita of breaking labelling rules
13 October 2010
The US Food and Drug Administration has warned produce giant Chiquita Brands International that the company has broken rules governing labelling and health claims.
US: Chiquita's Fresh Express in third salad recall in three months
12 August 2010
Fresh Express, a subsidiary of produce giant Chiquita Brands International, has recalled salad products amid a safety scare for the third time in three months.
US: Chiquita cuts earnings forecast for 2010
30 July 2010
Produce giant Chiquita Brands International has lowered its forecast for annual profits due to a "sustained reduction" in European exchange rates.
GERMANY: Chiquita unveils World Cup promo
7 May 2010
Chiquita Brands International is to launch a banana-themed World Cup marketing campaign in Germany, a key European market.
On the money: US: Chiquita to increase marketing spend
30 April 2010
Chiquita Brands International said it will increase marketing spend by US$30m this year, despite recording a net loss for the first quarter and cutting its full-year revenue outlook.
Related research
Chiquita Brands International, Inc. - SWOT Analysis
Datamonitor's Chiquita Brands International, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Chiquita Brands International, Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Chiquita Brands International, Inc. (Chiquita or “the company”) is a producer, marketer, and distributor of bananas and other fresh and processed food products. The company primarily operates in North America and Europe. It is headquartered in Cincinnati, Ohio, and employs about 21,000 people. The company recorded revenues of $3,470.4 million during the financial year ended December 2009 (FY2009), a decrease of 3.8% over 2008. The company registered decline in revenues primarily due to weak consumer demand in the recession-affected economies. The operating profit of the company was $147.3 million in FY2009, as against an operating loss of $281.1 million in FY2008. The net profit was $90.5 million in FY2009, as against a net loss of $328.7 million in FY2008.
Chiquita Brands International, Inc. - Strategy, SWOT and Corporate Finance Report
Datamonitors' Chiquita Brands International, Inc.’s SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and corporate actions, providing a 360° view of the company.
Chiquita Brands International, Inc. (CQB) - Financial and Strategic Analysis Review
Chiquita Brands International, Inc. (Chiquita) is one of the major distributor company with fresh fruits and other processed food products. It principally distributes bananas as well as pineapples, grapes avocados and melons. Chiquita also markets and distributes natural fruit ingredients, vegetables and green salads. The company markets and distributes its products under the brand names Chiquita, Chiquita Jr., Consul, Amigo, Chico, Frupac and Pacific Gold. Chiquita operates its business under three segments namely, Bananas; Salads and Healthy Snacks; and Other Produce. It also operates in the US and in 70 other countries in six continents.
