Sell third quarter 2011 @China (Mainland)

"After strong gains in the first half of this year, we have a challenging market in Europe in the third quarter, as planned. Given the positive results of efficiency measures and cost that was last year, we are conducting additional restructuring initiatives focused on further improving our profitability in 2012 Europe, "said David A. DeLorenzo, President and CEO of Dole. "Our packaged salads business continued to improve in the quarter, however, the weakest performance full of fresh vegetables mainly due to lower prices of iceberg lettuce, impacted the results. Our packaged foods segment performed well as prices higher offset rising costs. He also launched several exciting new products, frozen fruit in the quarter, including smoothie Shakers (R) and frozen fruit cups in one serving. "

Post by shanshan Du    Food & Beverage    @2011-11-22 11:41:51