Chiquita Brands International has slipped to a net loss of $8 million (£5m) in the third quarter of the year, down from the $5m profit recorded in the same period of 2009.
Net sales for the three-month period fell eight per cent to $730m, mainly due to lower volumes in retail value-added salads and bananas, although this was partially offset by higher local pricing in core European and North American markets.
Operating income for the third quarter was $6m compared with $23m last year, due to increased banana sourcing and fuel costs, lower value-added salad sales and a lower euro.
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