Dole Plc Stock Price, News & Analysis

Dole plc (NYSE: DOLE), a global leader in fresh produce, has announced its participation in the upcoming BMO Global Farm to Market Conference. The conference will be held from May 14-15, 2025 in New York City. The company's management team will be available to meet with institutional investors on May 15, 2025.

Dole plc (NYSE: DOLE) has successfully completed a $1.2 billion refinancing of its corporate credit facilities. The new package includes a $600 million multicurrency five-year Revolving Credit Facility, a $250 million five-year Term Loan A, and a $350 million seven-year Farm Credit term loan. These facilities replace the existing RCF, TLA, and senior secured Term Loan B.

The refinancing extends debt maturity at favorable interest rates and enhances financial flexibility to support growth initiatives. The transaction was led by Coöperatieve Rabobank U.A., BofA Securities Inc., and Allied Irish Banks plc for the RCF and TLA, while AgFirst Farm Credit Bank and AgSouth Farm Credit, ACA managed the Farm Credit facilities.

Dole plc (NYSE: DOLE) has scheduled the release of its first quarter 2025 financial results for Monday, May 12, 2025, before market opening. The company will host a webcast and conference call at 8:00 a.m. Eastern Time on the same day.

Management will provide a presentation alongside the press release and supplemental financial information on the company website. Interested parties can access the live webcast and subsequent replay through the investor relations section of Dole's website or via the direct event link.

Dole plc (NYSE: DOLE) has announced the availability of its 2024 annual report on Form 20-F, which includes audited financial statements for the fiscal year ended December 31, 2024. The report was filed with the SEC on March 11, 2025.

Shareholders can access the Annual Report through multiple channels: the 'Financials' section of Dole's website at www.doleplc.com/investor-relations, the SEC's website at www.sec.gov, or by requesting a free hard copy directly from the company either by mail or email.

Dole plc (NYSE: DOLE) reported strong Q4 and full-year 2024 results. Q4 revenue reached $2.2 billion, up 4.6% (10.1% like-for-like), though the company recorded a net loss of $31.6 million due to a $78.2 million non-cash write-down of the Fresh Vegetables division.

Full-year 2024 highlights include: revenue of $8.5 billion (+2.8%), net income of $143.4 million, and Adjusted EBITDA of $392.2 million (+1.8%). The company improved its financial position with net debt reduction of $181.1 million to $637.1 million and net leverage of 1.6x.

The Fresh Fruit segment showed strong performance with revenue up 5% for the year, driven by higher banana volumes and pineapple pricing. For 2025 outlook, Dole targets Adjusted EBITDA of $370-380 million, considering challenges from Tropical Storm Sara impact on Honduran operations. The company declared a Q4 2024 dividend of $0.08 per share.

Dole plc (NYSE: DOLE) has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, February 26, 2025, before market opening. The company will host a webcast and conference call at 8:00 a.m. Eastern Time on the same day. Management will provide a presentation, press release, and supplemental financial information on the company website. Interested parties can access the live webcast and subsequent replay through the company's investor relations webpage or directly via the provided Q4 event link. Conference call participation requires prior registration through the dedicated registration link.

Dole Food Company Hawaii has responded to the City and County of Honolulu's selection of its lands as a potential site for Oʻahu's next landfill. The company expresses surprise at the announcement and emphasizes that its primary focus remains on protecting Central Oʻahu's agricultural community. The Wahiawā Irrigation System (WIS), which supports over 50 farmers and 500+ agricultural jobs, is currently pending transfer to the State of Hawaiʻi under Act 218 (2023). This transfer is important for system upgrades and accessing federal funding for agricultural and water security. Dole indicates that landfill discussions will need to wait until after the irrigation system transfer is completed.

Dole plc reported its Q3 2024 financial results with revenue of $2.1 billion, up 1.0% year-over-year. On a like-for-like basis, revenue increased 5.8%. Net Income decreased to $21.5 million, primarily due to the absence of a prior year's $28.8 million gain from a non-core asset sale. Adjusted EBITDA was $82.1 million, showing a 3.7% decrease but a 2.3% increase on a like-for-like basis. The company increased its full-year Adjusted EBITDA guidance by $10.0 million, targeting at least $380.0 million. Fresh Fruit segment saw revenue growth of 6.6%, while Diversified Fresh Produce - EMEA increased 5.1%, and Americas & ROW segment declined 17.0% due to business disposal.