Dole plc - DOLE STOCK NEWS

Dole plc (NYSE: DOLE) reported Q3 2022 revenue of $2.3 billion, up from $1.9 billion last year, driven by the acquisition of Dole Food Company. Net income reached $46.6 million with a diluted EPS of $0.42, significantly improving from a loss of $0.35 in Q3 2021. Adjusted EBITDA was $73.0 million, reflecting a 25.7% increase on a pro-forma basis. Despite this, pro-forma revenue decreased by 1.7% due to foreign currency effects. Dole maintains a lower-end guidance for Adjusted EBITDA for the fiscal year.

Dole Fresh Vegetables, a division of Dole plc (NYSE: DOLE), has activated two General Electric 2.8-Megawatt wind turbines at its salad processing plant in Soledad, CA. These turbines, standing 499 feet tall, are expected to produce over 19 million kilowatt hours of clean electricity annually, offsetting 70% of energy consumption at the site. The initiative aims to reduce CO2 emissions by approximately 14,921 tons per year, benefiting the environment significantly. This move aligns with Dole's ongoing commitment to sustainability, part of its The Dole Way framework.

Dole plc (NYSE: DOLE) is set to release its third quarter 2022 financial results on November 17, 2022, before market opening. A conference call and webcast will follow at 08:00 a.m. Eastern Time. Investors can access the presentation through the company’s investor relations website. The call can be joined via phone using US and international dial-in numbers provided. An archived replay will be available post-event until November 24, 2022. Dole, a leader in fresh produce, operates in over 75 countries, focusing on health and sustainability.

Dole plc (NYSE: DOLE) reported financial results for Q2 2022, revealing a revenue of $2.4 billion and a net income of $48.5 million with a diluted EPS of $0.43. Compared to Q2 2021, revenue increased due to the Legacy Dole acquisition, but pro-forma revenue decreased by 4.2%. Adjusted EBITDA was $108.8 million, down 24.1% from last year, influenced by currency translation and Fresh Vegetables segment performance. Dole revised its full-year Adjusted EBITDA guidance down to $330 million to $350 million, reflecting a 5.5% reduction.

Dole plc (NYSE: DOLE) will report its second quarter 2022 financial results on August 23, 2022, before market opening. Management will conduct a conference call at 08:00 a.m. ET on the same day. Interested parties can access the webcast via the investor relations section of Dole's website. A replay of the call will be available until August 30, 2022. Dole, a global leader in fresh produce, is committed to providing high-quality fruits and vegetables, aiming to enhance global health and sustainability across more than 75 countries.

Dole plc (NYSE: DOLE) announced its Q1 2022 financial results, reporting revenue of $2.2 billion, net income of $3.3 million, and diluted EPS of $(0.01). Adjusted EBITDA stood at $81.5 million. Year-over-year revenue grew significantly due to acquisition impacts, while pro-forma comparisons showed a slight decline, primarily from a Value Added salads recall and currency translation effects. For FY 2022, Dole projects revenue between $9.4 billion and $9.7 billion, with adjusted EBITDA expected between $350 million and $370 million.

Dole plc (NYSE: DOLE) will release its first quarter 2022 financial results on May 24, 2022, before the market opens. A conference call will follow at 8:00 a.m. Eastern Time, featuring CEO Rory Byrne, COO Johan Lindén, CFO Frank Davis, and Head of Investor Relations James O'Regan. Investors can access the call via telephone or through the company’s investor page, where a presentation will also be available.

Dole is a global leader in fresh produce, operating in over 75 countries.

Dole plc (NYSE: DOLE) has launched its new division, Dole Exotics, and consumer brand, BE Exotic, at Fruit Logistica 2022. The division aims to enhance the market for exotic produce, particularly avocados and mangoes, by leveraging Dole's global expertise and resources. Dole Exotics will integrate existing operations while ensuring quality through a vertically integrated supply chain. The new brand is designed to attract consumers with innovative packaging and marketing strategies, aiming to redefine the exotic fruits category in Europe.