Last $12.25 USD
Change Today +0.20 / 1.66%
Volume 259.6K
CQB On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 4:15 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

chiquita brands intl (CQB) Snapshot

Open
$12.13
Previous Close
$12.05
Day High
$12.28
Day Low
$11.93
52 Week High
09/11/13 - $13.68
52 Week Low
04/18/13 - $6.95
Market Cap
574.7M
Average Volume 10 Days
511.1K
EPS TTM
$-0.03
Shares Outstanding
46.9M
EX-Date
09/25/06
P/E TM
--
Dividend
--
Dividend Yield
--
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 in the United States, Central America, Europe, and the Middle East. It operates through three segments: Bananas, Salads and Healthy Snacks, and Other Produce. The Bananas segment is involved in the purchase, production, transportation, marketing, and distribution of bananas under the Chiquita brand to retail customers and wholesalers. The Salads and Healthy Snacks segment offers ready-to-eat, packaged salads under the Fresh Express and other labels; fresh vegetable and fruit ingredients used in foodservice; healthy snacks, including single-serve fruit snacks under the Chiquita brand name; and other processed fruit ingredient products. 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. The Other Produce segment markets and distributes pineapples and other produce items. It 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
Executive Vice President, Secretary and Gener...
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. Proposes an Amendment to its Third Restated Certificate of Incorporation

The 2014 Annual Meeting of Shareholders of Chiquita Brands International Inc. will be held on May 22, 2014. At the meeting, the shareholders will to consider an amendment to the company's Third Restated Certificate of Incorporation regarding simple majority vote.

Chiquita Brands International Inc., Fyffes plc - M&A Call

To discuss merger transaction of Chiquita Brands International Inc. and Fyffes plc

Chiquita Brands International Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Provides Financial Guidance the Year 2014 and 2015

Chiquita Brands International Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported GAAP net loss of $31 million compared to GAAP net loss of $333 million for the fourth quarter of 2012. GAAP operating loss was $17 million compared to a loss of $205 million in the same period in 2012. The company also reported comparable operating loss of $14 million in the fourth quarter of both 2013 and 2012. Net sales were $748 million compared to $738 million for the same period last year. Operating loss was $17 million compared to $205 million for the same period last year. Loss from continuing operations before income taxes was $31 million compared to $218 million for the same period last year. Loss from continuing operations was $31 million compared to $331 million for the same period last year. Diluted earnings per share from Continued operations was $0.67 compared to $7.14 for the same period last year. Diluted earnings per share were $0.67 compared to $7.18 for the same period last year. Operating cash flow was nil compared to $11 million for the same period last year. Capital expenditures were $13 million compared to $17 million for the same period last year. Adjusted EBITDA was $4 million compared to $3 million for the same period last year. For the year, the company reported GAAP net loss of $16 million compared to GAAP net loss of $405 million for the full year 2012. GAAP operating income was $50 million compared to a loss of $254 million in 2012. Operating income of $53 million compared to comparable operating income of $7 million for 2012. Net sales were $2,708 million compared to $2,743 million for the same period last year. Operating income was $50 million compared to $254 million for the same period last year. Loss from continuing operations before income taxes was $11 million compared to $298 million for the same period last year. Loss from continuing operations was $16 million compared to $403 million for the same period last year. Diluted earnings per share from Continued operations was $0.34 compared to $8.75 for the same period last year. Diluted earnings per share were $0.34 compared to $8.79 for the same period last year. Operating cash flow was $91 million compared to $33 million for the same period last year. Capital expenditures were $49 million compared to $53 million for the same period last year. The company improved results in 2013 reflect decision to return focus to the core businesses, and the first full year of execution. Throughout the year and into the fourth quarter, the company grew sales volume in both North American banana business and retail packaged salad business, and continued to leverage premium brand in the European banana market. Adjusted EBITDA was $118 million compared to $70 million for the same period last year. The company provided financial guidance the year 2014. Management's estimates Capital expenditures will be in the range of $55 million to $60 million for the year 2014. Depreciation & amortization will be in the range of $60 million to $65 million for the year 2014. Gross interest expense will be in the range of $55 million to $60 million for the year 2014. The company believes the actions it is taking position the company to remain on glide path to the long term EBIT margin targets to achieve run-rate target EBIT margins of 4% for Bananas and 7-8% for Salads by the end of 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CQB:US $12.25 USD +0.20

CQB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Flowers Foods Inc $20.44 USD +0.37
Fresh Del Monte Produce Inc $26.52 USD +0.01
Hillshire Brands Co/The $35.70 USD +0.74
Total Produce PLC €1.07 EUR +0.02
TreeHouse Foods Inc $72.44 USD +1.35
View Industry Companies
 

Industry Analysis

CQB

Industry Average

Valuation CQB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 1.5x
Price/Cash Flow 11.4x
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHIQUITA BRANDS INTL, please visit www.chiquita.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.