this company is messed up they just lost a big customer in the west and now they cant supply the customers they have left because they cant manage their lettuce supplies how are they going to fix this mess?? 8 or 9 years ago when cqb bought fresh express the stock price was over $22 nice way to destroy shareholder value
you will get the answer to your question tomorrow A/C when the company reports and gives solid guidance. SHould be trading around or above $8 soon after. Chiquita will be sold or taken private in 2013 at a nice preium. Pack the truck,
Which retailer did they lose? How does CQB generate a loss vs. break-even on the same amount of sales YoY? At least the have extended maturities and they don't have any covenant issues. The banana number looked solid.