Packer Stories

05/08/2012

Dole Food Co. Inc. posted lower first quarter revenue than in 2011, partially because of the lowest vegetable commodity prices in 15 years, according to company executives who said they are considering spinning off part of the business to increase stock values.

05/04/2012

The National Mango Board’s 2011 Mango Performance Benchmark report reveals mango consumption has increased.

05/01/2012

Fresh Del Monte Produce Inc. reported a 13% earnings increase for the first-quarter compared to 2011 despite decreases in net sales and gross profit, including a 7% drop in net sales of bananas, the company’s biggest commodity.

Mohammad Abu-Ghazaleh, chief executive officer of the Coral Gables, Fla.-based company, discussed the first-quarter numbers during a conference call May 1. He said he is optimistic about the rest of 2012, partly because of strategies he declined to detail.

04/27/2012

Not all tropical fruit in the U.S. is imported, and consumers in Florida can buy homegrown lychee, longan, dragon fruit and carambola.

04/27/2012

Mangoes and kiwifruit continue to dominate the tropical fruit marketplace, accounting for nearly 60% of sales in the category and showing double-digit increases in 2011, according to the Nielsen Perishables Group, West Dundee, Ill.