<p style="text-indent:0px; line-height:12px;"><span style="font-weight:bold;line-height:130%"> Westlake Village, CA</span><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">By Eric Anderson<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">5.3.13</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>A slimmer Dole Food Company has reported a loss for the first quarter, stemming in part from the sale of its former worldwide packaged foods and Asia fresh businesses to ITOCHU Corporation on April 1, 2013 for $1.685 billion.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">The company reported a first quarter loss of $65.6 million compared to the previous year’s earnings of $17.2 million.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Earnings from continuing operations fell from 29 cents a share to four cents a share. Excluding divestiture-related impacts and other items, adjusted per-share earnings from continuing operations fell to 12 cents from 24 cents. Revenue decreased 3% from 1.08 to $1.05 billion.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><img src="https://cdn.andnowuknow.com/legacyWriterImages/dole050313body1.jpg" alt="images050213" /><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Adjusted EBITDA decreased from $44 million to $34 million in the first quarter of 2013.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://www.dole.com/" target="_new">Dole </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
