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Chiquita Brands posts Q1 results

Shaun Weston30 Apr 2010

Chiquita Brands International has released financial and operating results for the first quarter 2010.

For the first quarter 2010, the company reported on a comparable basis a loss from continuing operations of $4m, or ($0.09) per diluted share, vs income of $22m, or $0.49 per diluted share, in 2009.

On a GAAP basis, the company reported a loss from continuing operations of $6m, or ($0.13) per diluted share, vs income of $23m, or $0.51 per diluted share, in 2009. Net sales were $808m, 4% lower than the prior year period.

Read the full Chiquita Brands financial statement here.

Source: Chiquita Brands International

http://www.chiquita.com/ Chiquita Brands International

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