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Dole plc - DOLE STOCK NEWS

Welcome to our dedicated page for Dole plc news (Ticker: DOLE), a resource for investors and traders seeking the latest updates and insights on Dole plc stock.

Dole plc (DOLE) stands as a global leader in the fresh produce industry, celebrated for its commitment to providing the most nutritious products with minimal environmental impact. With operations in 30 countries, Dole's extensive, vertically integrated supply chain spans the globe, encompassing over 250 facilities dedicated to growing, sourcing, packing, marketing, and distributing more than 300 varieties of fresh produce. The company's offerings range from everyday fruit and vegetables to more exotic selections, all aimed at promoting global health and sustainability.

Dole plc's history is steeped in tradition, originating from Ireland and Hawaii in the 1850s. The company as it is known today was officially established on July 30th, 2021, following the merger of Total Produce plc and Dole Food Company. This merger has bolstered Dole's position in the North American and European markets, where it operates through distinct segments: Fresh Fruit, Diversified Fresh Produce - EMEA, Diversified Fresh Produce - Americas and ROW, and Fresh Vegetables. Notably, the Diversified Fresh Produce - EMEA segment, which includes operations in Ireland, the Netherlands, Spain, Portugal, France, Italy, the U.K., Sweden, Denmark, South Africa, Eastern Europe, and Brazil, generates the majority of the company's revenue.

Dole's mission extends beyond commercial success. The company is keenly aware of its role in promoting healthy and sustainable food options. This is evident in its initiatives aimed at reducing its environmental footprint and ensuring the well-being of its consumers. Dole's dedication to sustainability is matched by its innovation in product offerings and efficient supply chain management, making it a cornerstone of the fresh produce sector.

Recent achievements and projects underscore Dole's ongoing commitment to excellence and sustainability. The company continues to explore new partnerships and expand its product range to meet the evolving needs of consumers worldwide. With a focus on quality and sustainability, Dole plc remains a trusted name in fresh produce, committed to making the world a healthier place.

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Dole plc (NYSE: DOLE) to Release Q2 2023 Financial Results and Host Webcast and Conference Call
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Dole plc (NYSE: DOLE) will announce its first quarter financial results for 2023 on May 18, 2023, before market opening. Management will host a webcast and conference call at 08:00 a.m. Eastern Time on the same day. A comprehensive presentation with supplemental financial information will be available on the company's website.

Investors can access the conference call by dialing (646) 307-1963 in the US, +353 (1) 582 2023 in Ireland, or +44 20 3481 4247 for the UK and international participants. The conference ID is 8143610.

Dole is recognized as a global leader in fresh produce, supplying a wide variety of fruits and vegetables across over 75 countries, committed to promoting health and sustainability.

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Dole plc (NYSE: DOLE) announced the filing of its annual report on Form 20-F, which includes audited financial statements for the fiscal year ending December 31, 2022. This report was submitted to the U.S. Securities and Exchange Commission on March 22, 2023. Shareholders can access the report through the Company’s website or request a hard copy via email or by contacting investor relations. Dole plc is recognized as a global leader in fresh produce, supplying a wide range of fruits and vegetables across over 75 countries, committed to promoting health and sustainability.

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Dole plc reported its financial results for the year ending December 31, 2022, highlighting a revenue of $9.2 billion and an Adjusted EBITDA of $337.7 million. Despite a 0.6% revenue decline from the previous year, revenue increased 5.0% on a like-for-like basis, boosted by price inflation. The company announced plans to sell its Fresh Vegetables division for approximately $293 million to enhance its financial position and focus on core operations. Dole targets an Adjusted EBITDA of $350 million for 2023, emphasizing growth potential through a diversified product portfolio and geographic presence.

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Dole plc (NYSE: DOLE), a global leader in fresh produce, announces participation in the BofA Securities 2023 Consumer & Retail Conference on March 14-15 in Miami, FL. CEO Rory Byrne and CFO Jacinta Devine will engage in a fireside chat on March 14 at 8:00 am ET, accessible via a webcast on Dole's Investor Relations website. This event highlights Dole's commitment to customer satisfaction across 75 countries, enhancing global health and sustainability.

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Dole plc (NYSE: DOLE) will announce its financial results for the fourth quarter and full year of 2022 on March 7, 2023, before the market opens. A webcast and conference call will be held on the same day at 08:00 a.m. Eastern Time. Investors can access a presentation and additional financial information on the company's website.

The live conference call can be joined via various international dial-in numbers, including (646) 307-1963 for the US. Dole is recognized as a global leader in fresh produce, dedicated to exceeding customer requirements across over 75 countries.

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Dole plc (NYSE: DOLE) has announced the sale of its Fresh Vegetables Division to Fresh Express, a subsidiary of Chiquita Holdings, for approximately $293 million in cash. The Fresh Vegetables Division generated $1.28 billion in revenue for the fiscal year ending December 31, 2021, and employs over 3,000 people across four processing plants in the U.S. Proceeds from the sale are expected to be used for debt reduction. The transaction is subject to regulatory approval and is anticipated to bolster Dole's financial position while allowing the company to focus on core activities.

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FAQ

What is the current stock price of Dole plc (DOLE)?

The current stock price of Dole plc (DOLE) is $14.73 as of November 15, 2024.

What is the market cap of Dole plc (DOLE)?

The market cap of Dole plc (DOLE) is approximately 1.4B.

What is Dole plc known for?

Dole plc is known for being a global leader in the fresh produce industry, offering over 300 varieties of fruits and vegetables.

When was Dole plc established?

Dole plc was officially established on July 30th, 2021, following the merger of Total Produce plc and Dole Food Company.

In which markets does Dole plc operate?

Dole plc operates in the North American and European markets, encompassing regions such as EMEA, Americas, and ROW.

What segments make up Dole plc's operations?

Dole plc's operations are divided into segments including Fresh Fruit, Diversified Fresh Produce - EMEA, Diversified Fresh Produce - Americas and ROW, and Fresh Vegetables.

What is the mission of Dole plc?

Dole plc's mission is to promote healthy and sustainable food options, making the world a healthier place through its fresh produce.

How does Dole plc ensure sustainability?

Dole plc ensures sustainability by reducing its environmental footprint and focusing on the well-being of its consumers through various initiatives.

Where did Dole plc originate?

Dole plc's origins trace back to the 1850s in Ireland and Hawaii.

What recent achievements has Dole plc made?

Recent achievements include expanding partnerships, enlarging its product range, and pursuing sustainability and innovation in fresh produce.

What is the Diversified Fresh Produce - EMEA segment?

The Diversified Fresh Produce - EMEA segment includes Dole's operations in multiple European and South African countries, contributing significantly to its revenue.

Why is Dole plc considered a cornerstone of the fresh produce sector?

Dole plc is considered a cornerstone due to its extensive product range, commitment to sustainability, and efficient supply chain management.

Dole plc

NYSE:DOLE

DOLE Rankings

DOLE Stock Data

1.40B
94.95M
24.65%
55.23%
1.24%
Farm Products
Consumer Defensive
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United States of America
Dublin