Recent Updates — DOLE
Dole plc reported second quarter 2026 financial results with revenue increasing 2.9% to $2,499 million and diluted EPS rising to $0.27 from $0.10 in the prior year period. Adjusted EBITDA decreased 14.8% to $116.8 million due to higher fruit sourcing costs and elevated shipping expenses, while adjusted diluted EPS fell to $0.46. The company targets full-year 2026 adjusted EBITDA of approximately $400 million. Post-quarter, Dole completed the sale of its Ecuador port for expected net proceeds of $95 million and acquired Greenfood Fresh Produce in Scandinavia. Additionally, the Board declared a quarterly cash dividend of $0.085 per share, payable October 7, 2026 to shareholders of record on September 16, 2026. Dole plc is a global leader in fresh produce that produces, markets, and distributes fruits and vegetables.
Dole plc closed a transaction on July 1, 2026, selling 100% of its Ecuadorian Port Business, including port properties and associated operations in Guayaquil, Ecuador, to Terminal Investment Limited Holding S.A. for net cash proceeds of approximately $75.0 million. Dole plc is a global producer and distributor of fresh fruit and vegetables.