Chiquita, Diamond Foods, Fresh Del Monte: 3 food companies to watch
date:Mar 25, 2014
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While Chiquita Brands also sells salads and other deciduous products, bananas still represent 64% of overall 2013 revenue and stand as its only segment to turn an operating profit during that time, according to its latest earnings release. However, its salads and healthy snacks showed the most growth in 2013 increasing 1.5%. Still this segment didn't move the needle on the top line. Overall revenue declined less than 1% last year while free cash flow swung from a negative $21 million in 2012
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