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
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.
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,