Last $14.13 USD
Change Today 0.00 / 0.00%
Volume 695.8K
As of 8:04 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

chiquita brands intl (CQB) Snapshot

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52 Week High
08/25/14 - $14.30
52 Week Low
11/12/13 - $9.24
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Current Stock Chart for CHIQUITA BRANDS INTL (CQB)

chiquita brands intl (CQB) Details

Chiquita Brands International, Inc., together with its subsidiaries, markets and distributes bananas and pineapples, packaged salads, and other fresh produce primarily in the United States, Central America, Europe, and the Middle East. Its Bananas segment purchases, produces, transports, markets, and distributes bananas under the Chiquita brand to grocery retailers, ripeners, and wholesalers. The company’s Salads and Healthy Snacks segment offers packaged and ready-to-eat salads under the Fresh Express and private labels; fresh vegetable and fruit ingredients used in foodservice; healthy snacks, including single-serve fruit snacks under the Chiquita brand name; and banana puree and other processed fruit ingredients to food manufacturers and quick service restaurants. This segment also sells fresh-cut produce, such as lettuce, tomatoes, spinach, cabbage, and onions to foodservice distributors; and purchases, processes, packages, and distributes various fresh-cut apples. Its Other Produce segment markets and distributes pineapples and other produce items. The company also licenses its Chiquita brand to third parties. Chiquita Brands International, Inc. was founded in 1899 and is headquartered in Charlotte, North Carolina.

20,000 Employees
Last Reported Date: 03/4/14
Founded in 1899

chiquita brands intl (CQB) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $900.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $311.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $595.0K
Chief People Officer and Executive Vice Presi...
Total Annual Compensation: $460.0K
Compensation as of Fiscal Year 2013.

chiquita brands intl (CQB) Key Developments

Chiquita Brands International, Inc. Announces Guatemala Port Expansion

Chiquita Brands International Inc. has announced the opening of the expanded and renovated port facilities at Terminal Ferroviaria de Puerto Barrios, Guatemala. The Puerto Barrios expansion and renovation is part of Chiquita's previously announced reconfiguration of shipping rotations. Chiquita's current US-Gulf shipping rotation will be replaced with larger, more efficient vessels allowing for some costs and stowage capacity to be shared with a third-party shipping partner, resulting in lower per unit shipping costs for both.

Chiquita Brands International Inc. Signs Confidentiality Agreement with Cutrale Group and the Safra Group

Chiquita Brands International announced that it has signed a confidentiality agreement with potential buyers Cutrale Group and the Safra Group allowing the companies access to a data room, its management team and to conduct due diligence.

Water and Sanitation Health Files Lawsuit Against Chiquita

A Consumer Protection Act lawsuit has been filed against Chiquita Brands International alleging unfair and deceptive marketing practices. The lawsuit, filed by Seattle based Water and Sanitation Health (WASH) (Federal District Court Case number: 2:14-CV-00010-RAJ) claims that Chiquita 'advertises that its bananas are farmed in an ecologically friendly and sustainable manner'. The lawsuit states that drinking and river water near the plantation have become polluted from the use of pesticides, fungicides and fertilizers, and has contaminated the drinking water in six local communities, affecting some 7,200 Guatemalan residents.


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Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 1.8x
Price/Cash Flow 76.0x
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