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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) maintains leadership in global fresh produce through its vertically integrated supply chain spanning 30+ countries. This news hub provides investors and industry stakeholders with timely updates on corporate developments shaping the $8 billion produce market.

Access official press releases and market analyses covering earnings reports, sustainability initiatives, and supply chain innovations. Our curated collection includes strategic partnerships, operational expansions, and produce category updates across Dole's Fresh Fruit and Diversified Fresh Produce segments.

Key focus areas include agricultural efficiency advancements, food safety protocols, and distribution network enhancements. Track developments in North American and European markets alongside emerging opportunities in fresh vegetable categories and value-added products.

Bookmark this page for structured access to Dole's financial communications, leadership updates, and market position analyses. Regular updates ensure informed decision-making about this NYSE-listed industry leader.

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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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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.

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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.

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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.

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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.

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NYSE:DOLE

DOLE Rankings

DOLE Stock Data

1.33B
65.53M
24.59%
60.07%
1.67%
Farm Products
Consumer Defensive
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